Square Fee Calculator

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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.
» MORE: Learn how Square works
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.
» MORE: Top alternatives to Square
Here's how several prominent payment processors stack up against Square.
Product | Payment processing fees | Monthly fee | Learn more |
---|---|---|---|
![]() Helcim NerdWallet Rating 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 NerdWallet Rating 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 Payments NerdWallet Rating Learn more on Stripe's website | 2.7% + 5¢ in-person; 2.9% + 30¢ online. | $0 | Learn more on Stripe's website |