Square Fee Calculator

Quickly calculate merchant fees for in-person and online payments from customers.
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Square charges fees to process payments. The fees vary as follows based on whether your customer pays you online, in person or via electronic invoice:

  • 2.6% plus 10 cents for in-person transactions.

  • 2.9% plus 30 cents for online transactions.

  • 3.5% plus 15 cents for manually keyed transactions.

  • 3.3% plus 30 cents for invoices.

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NerdWallet rating 

5.0

/5
NerdWallet rating 

5.0

/5
NerdWallet rating 

5.0

/5

Payment processing fees 

0.40% + 8¢

plus interchange, in-person; 0.50% + 25¢ plus interchange, online.

Payment processing fees 

2.6% + 10¢

in-person; 2.9% + 30¢ online.

Payment processing fees 

2.7% + 5¢

in-person; 2.9% + 30¢ online.

Monthly fee 

$0

Monthly fee 

$0

Starts at $0/month for unlimited devices and locations.

Monthly fee 

$0

Types of Square payment methods

There are four main ways to collect payment from customers via Square.

1. Online

How it works: You set up a Square Online account and use it to build your website, or you integrate Square’s functionality into your existing website. Customers then see Square as a payment option when they check out.

2. In person

How it works: You use Square’s point-of-sale, or POS, hardware for retailers, restaurants or other businesses to let customers swipe, dip or tap their cards to pay for their transactions.

3. Over the phone

How it works: You manually key the customer’s card information into your Square app.

4. Via invoice

How it works: You request payment for goods or services by sending an invoice to the customer via email, text or manually. The invoice contains instructions on how to pay you.

Here's how several prominent payment processors stack up against Square.

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Best Payment Processing Companies
ProductPayment processing feesMonthly feeLearn more
Helcim

Helcim

NerdWallet Rating 
5.0
Learn more

on Helcim's website

0.40% + 8¢ 

plus interchange, in-person; 0.50% + 25¢ plus interchange, online.

$0 
Learn more

on Helcim's website

Square

Square

NerdWallet Rating 
5.0
Learn more

on Square's website

2.6% + 10¢ 

in-person; 2.9% + 30¢ online.

$0 

Starts at $0/month for unlimited devices and locations.

Learn more

on Square's website

Stripe

Stripe Payments

NerdWallet Rating 
5.0
Learn more

on Stripe's website

2.7% + 5¢ 

in-person; 2.9% + 30¢ online.

$0 
Learn more

on Stripe's website

Shopify

Shopify POS

NerdWallet Rating 
4.5
Learn more

on Shopify's website

2.70% 

in-person; 2.9% + 30¢ online (Basic plan).

$39 

and up for e-commerce plans with POS Lite; Can upgrade to POS Pro for an extra $89.

Learn more

on Shopify's website