At Glance
- Full-stack payment service with payment gateway and thrid-party processing.
- Quick setup and ideal for small businesses.
- Free tools for internet businesses.
Overview
Square is one of the most feature-rich and advanced mobile point of sale system in class, without the hassle of monthly fees. It offers a cheap and easy way for businesses to start accepting credit card payments. This works best when the business does not process that many debit or credit card payments, by skipping those hefty monthly fixed costs. While per-transaction costs are pretty standard and comparable to other well-known brands such as PayPal or Stripe, it also has built-in chargeback protection without any extra fees. Additionally, Square offers free POS software and affordable POS hardware to match. Furthermore, Square provides free online store and other tools that come with it. There is definitely a lot to love.
Fees
| Credit Card Processing | Details |
|---|---|
| Transaction Cost | Online (regular): 2.9% + $0.30 Swiped, dipped, or tapped 2.75% Keyed-in: 3.5% + $0.15 |
| Networks Accepted | Visa Mastercard Discover American Express |
| Monthly Fee | None |
| Monthly Minimum | None |
| Chargeback/Disputes | Free (limit $250 per month) |
