Design • Marketing • SEO
MAKE A PAYMENTFREE CONSULTATION

October 30, 2019

How Much Does Square Charge?

Square Payment Processing

Square, Inc. is a merchant service and mobile payment company founded in 2009 by Twitter CEO Jack Dorsey. Square uses the Square Reader, a credit card reader that plugs into your phone jack, to instantly accept payments anywhere. With Square, you can accept credit and debit cards such as Visa, MasterCard, American Express, and Discover. The Square card reader uses strong encryption techniques making offline payments possible and more secure.

How Much Does Square Charge?

There are no hidden fees when you sign up as a merchant. As soon as you register for an account you can instantly begin processing transactions. Merchants pay a percentage of the transaction processed which is automatically deducted from the payment. Square’s standard processing fee is 2.6% + 10¢ for contactless payments, swiped or inserted chip cards, and swiped magstripe cards.

Payments that are manually keyed-in, processed using Card on File, or manually entered using Virtual Terminal have a 3.5% + 15¢ fee. Invoices cost the merchant 2.9% + 30¢ or 3.5% + 15¢ if processed using Card on File.

Compared to PayPal, Square Merchant Services costs roughly the same per transaction, with on-site transactions costing much less.

See Also: How to Use the Cash App

Square Merchant Services

In 2015, Square, Inc. released Square Cash which allowed person-to-person money transfer via the Square Cash app or website. This made sending, receiving even requesting transactions even faster. Individuals and businesses create a unique $cashtag that allows for instant transactions. In 2018, Square expanded on the model of instant peer-to-peer transactions with Bitcoin trading and now are known simply as the Cash App.

See Also: Sezzle Review -- Sezzle Merchant Fees

Square Processing Charges

We've been using Square since 2010, nearly the time it was released. Naturally, when developing several websites for businesses, we have come across and experienced hands on, several merchant services and payment processors. There are many payment processors which I would trust. Square is one of them. When I need to process a transaction in person, it is much easier to swipe using the card reader, or even record cash payments using the invoice feature. Recently, Square implemented an appointment based services which seems to be extremely useful for our business.

Shameless plug ↓

Need an effective Digital Marketing strategy?

When you sign up for Square you get your own referral link where you can earn free processing on up to $1,000 in transactions. No other payment processor offers free processing on up to $1,000 in transactions. If you use our referral link you can earn free processing for up to $1,000 in transactions, just for signing up. So, feel free to check it out. It's free to sign up and when you use our link you get to save on transaction fees!

Use our link below for FREE Processing up to $1,000!

Recent Posts

15 Important Changes in Paid Marketing for 2024

Share this post: Share on X (Twitter) Share on Facebook Share on Pinterest Share on LinkedIn Share on EmailIn the world of digital marketing, staying abreast of the latest trends and advancements is necessary for businesses striving to remain competitive and reach their target audiences effectively. At Real Nice Websites, we recognize the importance of […]

Read More
15 Top Security Strategies for Rochester Businesses

Share this post: Share on X (Twitter) Share on Facebook Share on Pinterest Share on LinkedIn Share on EmailWith the vast opportunities that the internet offers, there also comes the risk of threats and vulnerabilities. As a web design business dedicated to empowering local enterprises, Real Nice Websites is committed to helping businesses protect their […]

Read More
Why Organic Marketing & SEO Are So Important in 2024

Share this post: Share on X (Twitter) Share on Facebook Share on Pinterest Share on LinkedIn Share on EmailBusinesses are constantly seeking effective strategies to enhance their online visibility, attract qualified leads, and drive sustainable growth. As a web design business, Real Nice Websites understands the role of organic marketing and search engine optimization (SEO) […]

Read More
VIEW ALL POSTS
Anthony DeVola
MArketing Strategist
Anthony DeVola is the lead website developer, marketing strategist and owner of Real Nice Websites LLC. Helping businesses maximize their marketing efforts by optimizing their entire internet presence from the ground up.

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Real Nice Results

Get connected with Real Nice Websites today and optimize your internet presence from the ground up.
Best Host in New YorkGoogle PartnerMeta Business Partner
© 2024
 Real Nice Websites LLC
Cloudways White
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram