🇺🇸 US Square Fee Calculator

United States Square Fees Structure

Famous for its square-shaped card readers, Square (or Squareup) helped small business owners accept credit card payments easily.

Square’s fees are mainly divided into card-present (Swipe) and card-not-present (Manual) payments.
A customer tapped his card on your Square reader will be considered a card-present payment.
If you are on the phone with the customer and keyed in his credit card details, then it’s a card-not-present payment.

A swipe payment is usually 2.6% + $0.10 per order while a manual payment is 3.5% + $0.15 per order.

You can also set up your eCommerce store with Square and per order fee starts from 2.9% + $0.30 depending on your plan.

For more information, please refer to their processing fee page.

It’s also interesting to know that Square charges the same rate for every card. The processing fee of an American Express card will cost merchant the same as a Visa card.

Card-present (Point-of-Sale)

There might be additional charges for the point-of-sale hardware but that is out of scope for this calculator. Please refer to Square’s in-person payments page for more details.

POS software	POS hardware	Swipe	Manual
Square Point of Sale	Any	2.6% + $0.10	NA
Square for Restaurants	Any	2.6% + $0.10	NA
Square Appointments	Square Reader Square Stand	Individuals: 2.6% + $0.10 2–5 employees: 2.5% + $0.10 6–10 employees: 2.5% + $0.10	3.5% + $0.15
Square for Retail	Square Reader Square Stand	Free plan: 2.6% + $0.10 Plus plan: 2.5% + $0.10	3.5% + $0.15

Card-not-present

To understand the various types of manual transactions, please refer to the card-not-present payments page.

POS software	Swipe	Manual
Square Online Store	NA	Free plan: 2.9% + $0.30 Premium plan: 2.6% + $0.30
Square Invoices	NA	2.9% + $0.30
Square Virtual Terminal	2.6% + $0.10	3.5% + $0.15

Faqs

How do you calculate Square fees?

For standard contactless payments, Square will take 2.6% + $0.10 for each transaction. If the customer pays $100, Square's fee will be ($100 * 0.026) + $0.10 = $2.70. If you want to receive $100, you should ask for $102.77.

How much are Square fees?

Square charges 2.6% + 10¢ for standard contactless payments (swiped or inserted chip cards).
For payments which are keyed-in manually, the rate is 2.9% + $0.30.
For online store transactions, Square takes 3.5% + $0.15.

Can I use Square for personal use?

Yes, Square can be for personal use. However, they will report your income if more than $20,000 in gross sales are processed and more than 200 transactions in the calendar year.