✓ All Payment Types · 2026

Square Fee Calculator

Calculate Square fees for every transaction type — in-person, online, invoice, and manual entry.

Square Fee Calculator

In-person, online & invoice · 2026

$
You receive
$97.20
Sale price$100.00
Square fee−$2.70
Effective rate2.70%
Charge buyer instead
$102.89

✓ Verified against Square official pricing · June 2026

Understanding Square Fees in 2026

Square built its reputation on transparent, predictable pricing aimed squarely at small businesses and in-person retailers — a free hardware reader, no monthly minimums, and rates that are simple to explain to a first-time business owner. While Stripe has become the default for purely online businesses, Square remains the stronger choice for anyone with a meaningful in-person sales component, from coffee shops to craft fair vendors.

Why In-Person Rates Beat Online Rates

Square's 2.6% + $0.10 in-person rate is meaningfully cheaper than its 2.9% + $0.30 online rate — a pattern that holds across most payment processors, since card-present transactions carry lower fraud risk than card-not-present online purchases. For businesses straddling both channels, this means tracking which percentage of sales come through each method matters for accurate financial forecasting, and it's worth encouraging in-person payment methods where genuinely convenient for your customer base.

A Practical Example: A Weekend Market Vendor

Picture a vendor selling handmade soap at weekend markets, averaging $600 in sales across 40 transactions per event. At Square's in-person rate, fees total $600 × 2.6% + (40 × $0.10) = $15.60 + $4.00 = $19.60 for the day — about 3.27% of revenue. If that same vendor also took some online pre-orders processed at the higher 2.9% + $0.30 online rate, those specific transactions would cost proportionally more, making it worth encouraging customers toward in-person payment whenever both options are genuinely available.

When Square Plus Becomes Worth the Monthly Cost

Square Plus, at $29/month, primarily reduces the invoice processing rate and adds team management features. For businesses sending frequent invoices rather than processing card-present sales, the reduced invoice rate can offset the subscription cost relatively quickly — but for vendors whose business is almost entirely in-person card transactions, the free plan typically remains the more economical choice since invoicing represents a small fraction of their volume.

Square vs Stripe: A Practical Decision Framework

Both processors land at nearly identical online rates (2.9% + $0.30), making the choice between them less about pure cost and more about your business model. Square's integrated hardware ecosystem — readers, terminals, point-of-sale software — creates a smoother experience for physical retail than assembling a comparable setup around Stripe. Stripe, conversely, offers deeper API flexibility for businesses building custom checkout experiences or complex subscription models. Many hybrid online-and-offline businesses end up using Square specifically for in-person sales while running their website through Stripe, capturing each processor's relative strength.

Complete Fee Breakdown

Payment TypeRateFixedOn $100You Keep
In-person (tap / chip / swipe)2.6%$0.10$2.70$97.30
Cash App Pay2.6%$0.10$2.70$97.30
Online / eCommerce2.9%$0.30$3.20$96.80
Invoice3.3%$0.30$3.60$96.40
Manual card entry3.5%$0.15$3.65$96.35

How it compares to other platforms

Square In-Person
$97.30
Fee: $2.70
Stripe Online
$96.80
Fee: $3.20
Square Online
$96.80
Fee: $3.20
PayPal G&S
$96.02
Fee: $3.98
Square Invoice
$96.40
Fee: $3.60

Frequently asked questions

What does Square charge per transaction?
Square charges 2.6% + $0.10 for in-person tap/chip/swipe payments, 2.9% + $0.30 for online payments, and 3.5% + $0.15 for manually entered card numbers.
Does Square have monthly fees?
Square's free plan has no monthly fee. Square Plus costs $29/month and offers lower invoice rates and more features. Square for Restaurants and Retail have their own pricing.
Is Square or Stripe cheaper?
They're very similar. Square in-person (2.6% + $0.10) is slightly cheaper than Stripe in-person (2.7% + $0.05). Online, they're tied at 2.9% + $0.30.
Does Square work internationally?
Square operates in the US, Canada, UK, Australia, Japan, France, Spain, and Ireland. Rates vary by country. It's not available everywhere like Stripe.
Can I use Square without a card reader?
Yes — Square allows manual card entry (3.5% + $0.15), invoices (3.3% + $0.30), and online store payments (2.9% + $0.30) without a card reader.
How much does a Square card reader cost?
Square's basic magstripe reader is free with a new account. The contactless + chip reader typically costs around $49, and Square Terminal (an all-in-one reader with built-in screen) costs around $299. Reader cost is separate from the per-transaction processing fee.
Is Square the same as SquareUp?
Yes — "SquareUp" is simply Square's original company domain name (squareup.com) and is still used interchangeably by many people searching for Square's payment processing service. It's the same company and the same fee structure.
Are there fees for the Square app itself?
The Square Point of Sale app is free to download and use on the free plan, with no monthly fee. You only pay the per-transaction processing fee (2.6% + $0.10 in-person). Upgrading to Square Plus ($29/month) unlocks lower rates and additional features, but is entirely optional.

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