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 (2.5% 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
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.