Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.
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 (2.5% plus 10 cents with Retail Plus plan).
2.9% plus 30 cents for online transactions or invoices without a card on file.
3.5% plus 15 cents for manually keyed transactions or card-on-file invoices.
» MORE: Learn how Square works
Types of Square payment methods
There are four main ways to collect payment from customers via Square.
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
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.