Square Fee Calculator Calculate Square Payment Processing Fees
Free Square fee calculator. Calculate Square fees: 2.6% + $0.10 in-person, 2.9% + $0.30 online. Free chargeback protection & next-day deposits.
Square Fee Structure 2025
Square offers simple, transparent pricing with no monthly fees and free chargeback protection!
Square Transaction Fees
| Transaction Type | Percentage | Fixed Fee | Total on $100 |
|---|---|---|---|
| In-Person (Tap/Chip/Swipe) | 2.6% | $0.10 | $2.70 |
| Online | 2.9% | $0.30 | $3.20 |
| Invoices | 3.3% | $0.30 | $3.60 |
| Manually Keyed | 3.5% | $0.15 | $3.65 |
| ACH Bank Transfer | 1% | $0 | $1.00 (min) |
| Afterpay/BNPL | 6% | $0.30 | $6.30 |
Square vs Other Payment Processors
| Processor | In-Person | Online | Chargebacks | Monthly Fee |
|---|---|---|---|---|
| Square | 2.6% + $0.10 | 2.9% + $0.30 | FREE | $0 |
| Stripe | 2.7% + $0.05 | 2.9% + $0.30 | $15 | $0 |
| PayPal | 2.29% (QR) | 3.49% + $0.49 | $20 | $0 |
| Clover | 2.3% + $0.10 | 3.5% + $0.10 | $25 | $14.95+ |
Square Fee Examples
| Sale Price | In-Person | Online | Invoice | You Receive (In-Person) |
|---|---|---|---|---|
| $25 | $0.75 | $1.03 | $1.13 | $24.25 |
| $50 | $1.40 | $1.75 | $1.95 | $48.60 |
| $100 | $2.70 | $3.20 | $3.60 | $97.30 |
| $250 | $6.60 | $7.55 | $8.55 | $243.40 |
| $500 | $13.10 | $14.80 | $16.80 | $486.90 |
| $1,000 | $26.10 | $29.30 | $33.30 | $973.90 |
Square Hardware Options
| Hardware | Price | Best For |
|---|---|---|
| Square Reader (magstripe) | FREE (first one) | Basic card acceptance |
| Square Reader (contactless) | $59 | Tap payments, Apple Pay |
| Square Stand | $149 | iPad POS system |
| Square Terminal | $299 | All-in-one portable |
| Square Register | $799 | Full countertop POS |
Why Choose Square?
Pros
- ✅ Free chargeback protection - huge advantage!
- ✅ No monthly fees or contracts
- ✅ Free next-day deposits
- ✅ First card reader FREE
- ✅ Full POS system included
- ✅ Inventory management
- ✅ Employee management
Cons
- ❌ Higher online rates than Stripe (2.9% vs 2.9% same, but Stripe has lower international)
- ❌ Account holds possible for new accounts
- ❌ Limited international support
- ❌ Invoice rates are higher (3.3%)
Best Use Cases for Square
Retail & Restaurants
- In-person: 2.6% + $0.10 is competitive
- Full POS features included
- Inventory tracking
- Employee management
Service Businesses
- Send invoices (3.3% + $0.30)
- ACH for larger jobs (1% min $1)
- Appointment scheduling
- Customer directory
Online Selling
- E-commerce: 2.9% + $0.30
- Payment links
- Square Online website builder
Events & Pop-ups
- Portable readers
- Offline mode available
- Quick setup
Square for Resellers
Square is great for resellers who:
- Sell in-person at markets, meetups, or shows
- Need a simple POS system
- Want free chargeback protection
- Accept cards at local meetups
- Need inventory tracking
For online-only reselling, consider Stripe for slightly better international rates.
ACH Bank Transfers - Best for Large Sales
For larger transactions (>$100), ACH can save money:
| Amount | Card Fee (2.6% + $0.10) | ACH Fee (1%) | Savings |
|---|---|---|---|
| $100 | $2.70 | $1.00 | $1.70 |
| $500 | $13.10 | $5.00 | $8.10 |
| $1,000 | $26.10 | $10.00 | $16.10 |
| $5,000 | $130.10 | $50.00 | $80.10 |
ACH is capped at 1% with a $1 minimum - great for B2B or high-ticket items!
This page’s recorded fee review is over a year old. We’ve surfaced the date instead of presenting old numbers as current; verify the platform’s official schedule before listing.
Common questions
What are Square fees in 2025?+
Square charges 2.6% + $0.10 for in-person (tap/chip/swipe), 2.9% + $0.30 for online, 3.3% + $0.30 for invoices, and 3.5% + $0.15 for manually keyed transactions.
How much does Square take from a $100 payment?+
For in-person: $2.70 (2.6% + $0.10). For online: $3.20 (2.9% + $0.30). You receive $97.30 or $96.80 respectively.
Does Square charge monthly fees?+
No! Square has no monthly fees, setup fees, or contracts. You only pay per transaction.
Does Square cover chargebacks?+
Yes! Square provides free chargeback protection. Unlike Stripe ($15) or PayPal ($20), Square covers dispute fees.
How fast are Square deposits?+
Next-day deposits are FREE. Instant deposits cost 1.75% and are immediate to your bank account.
See where the profit is.
Run the same sale across the major platforms and compare the result side by side.