![]() ![]() You can use it on a mobile phone or tablet. With a Premium plan, custom processing rates are available when you contact Square Sales team.Īll Square users get the Square point of sale app for free. With a paid Plus plan, the rate drops to 2.5% + $0.10. With a Free Square for Retail plan, the rate for in-person payments is 2.6% + $0.10. Keyed-in transactions cost 3.5% plus $0.15 for all plans. With paid Plus and Premium plans, the rate drops to 2.5% + $0.10. With a Free Square for Appointments plan, the rate for in-person payments is 2.6% + $0.10 per transaction. If you're using one of Square's specialized plans, you may get a discount on the processing rate when you use Square equipment.īusinesses using Square for Restaurant POS pay 2.6% + $0.10 per transaction for swipe, dip, and tap payments. You don't pay anything if you don't have any credit card sales during the month. There is no monthly fee for using the basic service. It charges the same rates for all credit cards, including Visa, Mastercard, American Express, and Discover. Includes manually entered keyed-in transactions via the virtual terminal and card on file transactions for recurring billing Includes online eCommerce card transactions and invoices ![]() Includes swipe, chip, and contactless payments (such as Apple Pay and Google Pay), as well as prepaid gift cards Square charges the following credit card processing fees for each transaction: Square Fees vs PayPal Square's Processing Fees.If your small business has more advanced needs, Square offers optional add-on services. You only pay flat-rate transaction fees for each card you process. The platform does provide a free magstripe reader and POS app upon sign-up. But that depends on what you need out of it. ![]() But how much does Square cost? Read this review to see if it is good for your business. Square's mobile card reader lets you accept credit card payments. ![]()
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