Square Payments Pricing Plan & Cost Guide

Square Payments

Online payment processing for merchants & vendors

4.69/5 (1,489 reviews)

Square Payments Pricing

Pricing model: Free

Per swipe/dip/tap: 2.6% + $.10
Keyed in: 3.5% + $.15 per transaction
Online & invoices: 2.9% + $.30 per transaction

Custom pricing packages are also available. Contact Square for more information.

View Pricing Plans Free Trial

Competitors Pricing

Salsify

Pricing model: Subscription
Free Trial: Available

Stripe

Starting from: 0.30

Nuxeo

Pricing model: Open Source, Subscription
Free Trial: Available

JotForm

Starting from: 29.00/month
Pricing model: Free, Subscription
Free Trial: Available (No Credit Card required)

BigCommerce

Starting from: 29.95/month
Pricing model: Subscription
Free Trial: Available

Square Payments Pricing Reviews

Pros

  • We love the user experience so clean and easy to use. We also love the accessibility to use on different devices.Alicia F.Read the full review
  • I love the ease of use this product provides. I feel it is especially beneficial for small businesses and often see the product used at places like farmers markets which I love to support.Ali M.Read the full review
  • I love how with the ease of just hooking as an adapter up to my phone I am able to accept payments. It's fast and easy to use.Nathan T.Read the full review

Cons

  • I do not think I have have anything I do not like about square payments. I guess if you put in the wrong email that can be annoying but that more user error.Brianna R.Read the full review
  • I had to walk around & often ended up some distance away from the customer. It was awkward because I had to have their card with me & this probably made the customer feel uneasy.Rebecca L.Read the full review
  • It also bothered me that they charge more to type in the card numbers when you’re unable to swipe the card in person.Lela S.Read the full review
97%
recommended this to a friend or a colleague

25 reviewers had the following to say about Square Payments's pricing:

Andrew P.

I trust Square!

Used monthly for 2+ years
Reviewed 2019-07-25
Review Source: Capterra

I have had a really great experience with Square. It let's my customers know that I am trustworthy.

Pros
I like that I can trust Square. Knowing about how they have so many credit card readers in stores all around the globe lets me know that they are trustworthy. I also really like the ability to pair their payment processing with their app.

Cons
The cost per swipe on my personal device isn't the cheapest. Some competitors are definitely a little cheaper, but this is the price to pay for trustworthiness.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

Minimize review

Anika E.

Easy to use

Used daily for less than 6 months
Reviewed 2020-02-18
Review Source: Capterra

The processing fees and very affordable compared to other companies.

Pros
Square's software is advanced but easy to use. It's very easy to customize. I don't need to be completely tech savvy to understand.

Cons
There is nothing in particular that I don't like. I don't like the pricing to upgrade hardware. I would like the hardware to be cheaper.

Rating breakdown

Value for money
Ease of use
Features

Likelihood to recommend: 8/10

Minimize review

Petr B.

Reliable payment app but the fees are very hight.

Used weekly for 2+ years
Reviewed 2021-01-23
Review Source: Capterra

Generally great experience, other than the price. There are other great platforms on the market that are much cheaper.

Pros
Super easy to use the app, it works with your phone or with a credit card reader. Relatively fast to take a payment.

Cons
The fees are very high compare to other similar payment softwares. We are considering to switch to another provider.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 5/10

Minimize review

Emily M.

Decent and affordable

Used daily for 1-2 years
Reviewed 2021-06-30
Review Source: Capterra

Overall, decent. Fees are minimal and it is cheap.

Pros
Easy to use, affordable. Has all the information I need in analytics

Cons
The readers are unreliable and frequently do not work. Customer service is a mixed bag.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 7/10

Minimize review

Aaron G.

Easy to setup

Used monthly for 1-2 years
Reviewed 2019-12-12
Review Source: Capterra

I have assisted with setting up Square for several of my customers. The process is always very streamlined and it takes very little effort to setup new merchant accounts.

Pros
If you are a needing a fast and cheap solution for credit card processing Square is the way to go. Almost no upfront cost, it's super easy for new small businesses to get started accepting credit cards.

Cons
The per-transaction fees can be pretty high at lower volumes. As you grow, you can switch to different pricing plans that will end up saving you more money.

Rating breakdown

Ease of use
Features

Likelihood to recommend: 9/10

Minimize review

Kathryn B.

Square works, but is expensive!

Used monthly for 1-2 years
Reviewed 2021-02-16
Review Source: Capterra

It is okay, customer service was helpful for us in setting up and buying the products, and using it is good. In terms of the cost of the product, there are better ones and cheaper ones out there.

Pros
We used square for offsite events and it is great for travel on the go purchases from customers. It was very easy to hook up with our iPhone and we bought their other products that made the process even easier with the scan of credit cards. Payment to our business is also smooth.

Cons
There are other options out there that don't take as much of a percentage and don't have as expensive products to buy. I think you can get the same features and options with to go payments without as expensive products and percentages.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 6/10

Minimize review

Charlotte W.

Easy and fast payment system

Used occasionally for 1-2 years
Reviewed 2019-07-22
Review Source: Capterra

Pros
This has changed the way our business works as we no longer have to take orders at shows and send out invoices when we get back to the office, we can take payment straight away and send receipts.

Cons
The initial cost seemed high but it’s still cheaper than most POS systems

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

Minimize review

Anonymous

Really good option for payment Processing

Used daily for 6-12 months
Reviewed 2019-03-15
Review Source: Capterra

Overall, I think that square is great for those that want a very easy-to-use and straight-forward system, especially for businesses that have simple product lines. For bigger or more complex businesses other options might be a better fit.

Pros
I really like that the entire square system is very simple and straight forward. The online dashboard is awesome for looking at sales trends, transactions, and other type of report you can think of. You can get very detailed reports and the interface for pulling those up is very intuitive, making it really easy to do.

Cons
I think in terms of price there are cheaper options, but I think Square is a good value. I wasn't very impressed with customer service and didn't like that searching for solutions would direct you to their user forum of previously asked, and seldomly answered, questions.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 8/10

Minimize review

Anonymous

Easiest to work with

Used daily for 2+ years
Reviewed 2021-07-15
Review Source: Capterra

I really like this merchant processor. Their customer service is great, they can be expensive but definitely worth the cost.

Pros
I love working with Square for my ecommerce sites. The use of use is bar none. Really happy with their customer service as well. Love invoices as well.

Cons
This processor can be pricey. But the price is work it due to the ease of use and the ability to charge someone anywhere, remotely.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

Minimize review

Derek D.

A Breeze for Point of Sale Payments

Used monthly for 2+ years
Reviewed 2021-02-17
Review Source: Capterra

Pros
Square Payments best feature is its flexibility in letting your customers decide how they’d like to pay - from chip cards to magstripe to remote keyed in payments. There is also no sign up or maintenance costs.

Cons
The flat-rate per swipe pricing is perfect for low volume organizations but can be expensive for larger businesses. Add-on services are also costly.

Rating breakdown

Value for money
Ease of use
Features

Likelihood to recommend: 7/10

Minimize review

Erin H.

Industry Standard for a Reason

Used monthly for 2+ years
Reviewed 2019-11-05
Review Source: Capterra

Pros
It's cheap, easy to use, and people are comfortable and familiar with it.

Cons
Fees just changed to be a bit more steep, which makes it harder to justify using for smaller cost items and is tempting me to put up a "Credit Card Minimum" sign. But, it's still the industry standard and makes it possible for an independent artistan like myself to take credit card payments, which is essential.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

Minimize review

Anonymous

Square Payment Processing

Used daily for 6-12 months
Reviewed 2018-10-01
Review Source: Capterra

Square payment processing is quick, easy, and convenient to use. It has allowed me to process payments for my patients in a quick and easy manor. It also is affordable with low processing fees. It is a great option for a business that is just starting out.

Pros
Square payment processing is very easy, quick, and convenient to use. It offers all of the necessary things for a great price.

Cons
When processing a card payment and manually entering the card number square charges a higher fee than if the card is swiped through the card reader.

Rating breakdown

Value for money
Ease of use
Features

Likelihood to recommend: 10/10

Minimize review

Wayne H.

Fantastic!

Used daily for less than 6 months
Reviewed 2021-01-01
Review Source: Capterra

Pros
We have been using square for a long time. Back in the day is was so expensive to take payments and now with square it’s easy and cheaper. Love the analytics.

Cons
Getting a hold of somebody for customer service is hard and takes a while.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 7/10

Minimize review

Brian P.

Super convenient, but pricey

Used occasionally for 2+ years
Reviewed 2019-07-27
Review Source: Capterra

Pros
I love how easy it is to use and take card payments using square.

Cons
Apparently 2.75% isn't very expensive, but it feels pretty pricey to me as the small businessman. I wish it was a little cheaper.

Rating breakdown

Value for money
Ease of use
Features

Likelihood to recommend: 8/10

Minimize review

Giovanni M.

Square for small business

Used daily for 6-12 months
Reviewed 2020-04-11
Review Source: Capterra

Fast, easy to use, intuitive, easy to prepare for tax returns, expensive, especially for high value invoice processing

Pros
I really love Square as that it is extremely easy to set up and use, I am able to create a professional invoice in minutes and send out to clients, payments are processed near-to-instantly and when tax season hits, Square provides you with incredibly powerful tools to make your tax return a breeze.

Cons
The cost (2.6% +10c) is quite high, if you would be processing $100k a year then the cost for processing payments would be around $2600! It would be great if they could introduce a cap per payment (let's say $15) so high value invoices are not hit with such high processing fees.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 8/10

Minimize review

Eric Z. G.

Excellent tool for your business

Used weekly for 2+ years
Reviewed 2019-12-20
Review Source: Capterra

Pros
Extreme ease of use in taking payments and invoicing clients. I cannot imagine running my business without square

Cons
I would like to chip readers to be cheaper.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

Minimize review

Anonymous

Better option than a physical processing machine

Used weekly for 2+ years
Reviewed 2019-04-11
Review Source: Capterra

Pros
Cheap, quick & makes the money available in a reasonable amount of time.

Cons
I've had issues in the past with some companies not working with square but no issues recently.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

Minimize review

Marcus  ( Maciej ) N.

I prefer this to paypal.

Used weekly for 6-12 months
Reviewed 2019-02-07
Review Source: Capterra

Pros
This is a great alternative to paypal and a little bit cheaper.

Cons
there is nothing i dislike about this software. it does what it says

Rating breakdown

Ease of use
Features

Likelihood to recommend: 10/10

Minimize review

DANIEL A.

A GAME CHANGER

Used weekly for 2+ years
Reviewed 2021-03-02
Review Source: Capterra

WITH SQUARE I HAVE SAVED OVER 800.00 A YEAR EASY, THERE ARE NO HIDDEN FEES AND THE MONEY IS TRANSFERRED FAST INTO MY ACCOUNT

Pros
FIRST AND FOREMOST, IT SAVES YOU MONEY, SECOND IT IS SO EASY TO USE IT IS DUMMY PROOF. JUST DONT PLUG IN THE WRONG SALE PRICE. EASY TO DOWNLOAD THE APP ON YOUR DEVICES AND TO USE EITHER THE LITTLE SQUARE OR THE BLUETOOTH ATTACHMENT TO RUN THE CARD CHIP. BUT AGAIN MOSTLY WAY CHEAPER THAN THE BANKS OPTION

Cons
NOT THAT IT IS AN ISSUE I EXPERIANCE MUCH, BUT SQUARE DOES CHARGE A DIFFERENT PERCENTAGE FROM RUNNING THE CREDIT CARD AND TYPING IN THE CREDIT CARD, IT HAS ONLY HAPPENED TWICE WHERE THE SQUARE WOULD NOT RUN THE CARD TO I HAD TO TYPE IT IN AND I WAS CHARGED A LITTLE MORE, BUT STILL WAY CHEAPER THAN THE BANK SYSTEM

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

Minimize review

George M.

Square is easy to use

Used occasionally for 2+ years
Reviewed 2019-08-19
Review Source: Capterra

Pros
Being able to cheaply accept credit payments without using other POS systems is great.

Cons
I don't like that each payment has a percentage fee attached to is but I understand that is the nature of credit payments.

Rating breakdown

Ease of use
Features

Likelihood to recommend: 6/10

Minimize review

Ben E.

Great and easy but expensive

Used monthly for 6-12 months
Reviewed 2021-03-24
Review Source: Capterra

I only use this payment has a last resort, because it is so expensive.

Pros
I like The ease of use. The swipe feature is easy. Payment goes through instantly and effortlessly.

Cons
If you have to manually enter in a credit card, the price is much higher. I’m not really sure why this is.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 3/10

Minimize review

Starr F.

Square is great

Used daily for less than 6 months
Reviewed 2020-12-23
Review Source: Capterra

Pros
Ease of use, appointment reminders for my clients, easy money transfer

Cons
I switched to a different company solely because the money transfer was cheaper.

Rating breakdown

Ease of use
Features

Likelihood to recommend: 9/10

Minimize review

Anonymous

Not Recommended For Cell Attachment

Used monthly for 6-12 months
Reviewed 2021-04-22
Review Source: Capterra

It was an okay experience. Using Venmo now has made things a lot easier and cheaper for us.

Pros
It was a good solution in theory back when we tried it out but we found a better solution with venmo.

Cons
We used it with the attachment for the cell phone to take payments and it was not a good solution for us. I believe now they have better hardware but it was a headache to work with. We kept needing to replace the item because the swipe wouldn't work.

Rating breakdown

Ease of use
Features

Likelihood to recommend: 10/10

Minimize review

Kyle V.

Square payments for your on the go processing needs

Used occasionally for 2+ years
Reviewed 2020-09-08
Review Source: Capterra

I've had a great overall experience with Square Payments Processing so far in my personal and business dealings. It works great and is easy to use.

Pros
Square Payments Processing makes point of sale extremely easy when out and about. It allows small to large businesses many options in the payment sector.

Cons
I dislike the cost per transaction that Square Payments Processing charges. I wish it were cheaper per transaction or there was an option to subscribe monthly with a fee instead of per transaction costs.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

Minimize review

Kyle F.

Great product and extremely versatile. Lots of options available.

Used occasionally for 2+ years
Reviewed 2020-06-30
Review Source: Capterra

I love this product and would recommend them to anyone that intermittently processes mobile and stationary credit card payments.

Pros
This is a great option for those that process credit cards and do not want to be tied to a contract. I love how versatile it is and how many options they offer. I use them for mobile credit card processing as well as their POS system.

Cons
It can be a bit more expensive than other credit card processing companies. The basic card reader is cheap and tends to break often. They are very inexpensive though and in most cases free.

Rating breakdown

Value for money
Ease of use
Features

Likelihood to recommend: 10/10

Minimize review