Square Credit Card Processing Fees
Square’s a popular choice for small businesses and entrepreneurs and for good reason. Its user-friendly interface, affordable hardware, and competitive credit card processing fees make it a great value. Square’s basic processing fee is 2.6% + 10¢ per transaction, which is in line with other payment processors like PayPal and Stripe. However, Square also offers a number of other pricing options, including a monthly subscription plan and a custom pricing plan for high-volume businesses.
Fees for Every Business
No matter what your business size or needs, Square has a pricing plan that’s right for you. If you’re just starting out, the basic processing fee of 2.6% + 10¢ per transaction is a great option. As your business grows, you can upgrade to a monthly subscription plan, which starts at $29 per month. This plan includes a lower processing fee of 2.5% + 10¢ per transaction, as well as a number of other features, like invoicing and reporting. For high-volume businesses, Square offers a custom pricing plan that can be tailored to your specific needs.
Additional Services Boost Value
In addition to its competitive credit card processing fees, Square also offers a number of other services that can help you save money and grow your business. These services include:
- Free online store: Square Online Store is a free website builder that lets you create a professional-looking online store in minutes.
- Invoicing and payments: Square Invoices lets you create and send invoices, track payments, and accept payments online.
- Appointments: Square Appointments lets you schedule appointments, send reminders, and accept payments online.
- Marketing tools: Square Marketing lets you create and send marketing campaigns, track your results, and grow your customer base.
Compare to the Competition
When it comes to credit card processing fees, Square is competitive with other payment processors like PayPal and Stripe. However, Square also offers a number of other services that can help you save money and grow your business. These services include free online store, invoicing and payments, appointments, and marketing tools.
Conclusion
Square’s credit card processing fees are competitive with other payment processors and provide businesses with a variety of options to choose from. Whether you’re just starting out or you’re a high-volume business, Square has a pricing plan that’s right for you. In addition to its competitive fees, Square also offers a number of other services that can help you save money and grow your business.
