Square Fee Calculator
Short answer: On Square's free plan, in-person card payments cost 2.6% + $0.15, online and invoice payments 3.3% + $0.30, and manually entered cards 3.5% + $0.15. Square Plus and Premium have lower rates; cards issued outside the US add 1.5%.
Situation: getting paid by Square.Cheapest way to be paid?Different situation?
How much to charge so you receive a set amount
Square fees at a glance
| Fee | Amount |
|---|---|
| Tap, dip or swipe (in person) | Free: 2.6% + $0.15 · Plus: 2.5% + $0.15 · Premium: 2.4% + $0.15 |
| Online or invoice (card) | Free: 3.3% + $0.30 · Plus: 2.9% + $0.30 · Premium: 2.9% + $0.30 |
| Manually entered card or card on file | Free: 3.5% + $0.15 · Plus: 3.5% + $0.15 · Premium: 3.5% + $0.15 |
| Cards issued outside the US | +1.5% |
| Plan price | Free: $0/mo · Plus: $49/mo · Premium: $149/mo per location |
Worked examples
Example: $100 in-person card payment, Square Free
| Fee | Amount |
|---|---|
| Tap, dip or swipe (2.6% + $0.15) | $2.75 |
| Total fees | $2.75 |
| You receive (before your shipping/item costs) | $97.25 |
Example: $100 online payment, Square Free
| Fee | Amount |
|---|---|
| Online or invoice (3.3% + $0.30) | $3.60 |
| Total fees | $3.60 |
| You receive (before your shipping/item costs) | $96.40 |
FAQ
What are Square's processing fees?
On Square's free plan, in-person card payments cost 2.6% + $0.15, online and invoice payments 3.3% + $0.30, and manually entered cards 3.5% + $0.15. Square Plus and Premium have lower rates; cards issued outside the US add 1.5%.
How much does Square charge on $100?
On Square Free: $2.75 in person, $3.60 online and $3.65 for a manually entered card. On Plus, online payments drop to 2.9% + $0.30 ($3.20).
Is Square Plus worth it for lower fees?
Plus costs $49/mo per location. It saves 0.1% on in-person and 0.4% on online card payments, so on fees alone it pays for itself above about $49,000 a month in in-person card sales, or about $12,250 a month online. Plans include other features too; compare on Square's site.