✓ 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
$97.25
Sale price$100.00
Square fee−$2.75
Effective rate2.75%
Charge buyer instead
$102.82

✓ Square Free plan rates from Square Support Center · checked September 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% + 15¢ in-person rate is meaningfully cheaper than its 3.3% + 30¢ online and invoice rate on the Free plan — 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 × $0.15) = $15.60 + $6.00 = $21.60 for the day — about 3.6% of revenue. Notice how much of that comes from the fixed 15¢: with a $15 average sale, the per-transaction fee adds a full percentage point. If that same vendor also took some online pre-orders processed at the higher 3.3% + 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 lowers in-person payments from 2.6% to 2.5% (+15¢) and online checkout and invoices from 3.3% to 2.9% (+30¢). That online cut is where most of the value is: $10,000 a month in online or invoice payments saves $40 a month, while the same volume in person saves only $10. Compare those savings with the plan's current monthly price per location before upgrading. Vendors who are almost entirely in-person rarely save enough to justify it; businesses with heavy invoice or online volume often do.

Square vs Stripe: A Practical Decision Framework

Online, Square's Free plan charges 3.3% + 30¢ for its standard checkout and invoices, versus Stripe's 2.9% + 30¢ — though Square's online API rate (for custom integrations) and its paid plans match Stripe at 2.9% + 30¢. In person the two are nearly even, so the choice is usually 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 / dip / swipe)2.6%$0.15$2.75$97.25
Online checkout / invoices3.3%$0.30$3.60$96.40
Online API2.9%$0.30$3.20$96.80
Manual entry / card on file3.5%$0.15$3.65$96.35
International card (any of the above)+1.5%—+$1.50—

Square Free plan, US. Paid plans: in person 2.5% + 15¢ (Plus) or 2.4% + 15¢ (Premium); online and invoices 2.9% + 30¢. Source: Square Support Center, checked September 2026.

Square fees at common sale amounts

Square Free plan, US-issued cards. The fixed per-transaction fee matters most on small sales: on a $5 coffee, the 15¢ alone is 3% of the ticket.

SaleIn person (2.6% + 15¢)Online / invoice (3.3% + 30¢)Manual entry (3.5% + 15¢)
$5$0.28$0.47$0.33
$10$0.41$0.63$0.50
$25$0.80$1.13$1.03
$50$1.45$1.95$1.90
$100$2.75$3.60$3.65
$250$6.65$8.55$8.90
$500$13.15$16.80$17.65
$1,000$26.15$33.30$35.15

How it compares to other platforms

Square In-Person
$97.25
Fee: $2.75
Stripe Online
$96.80
Fee: $3.20
Square Online / Invoice
$96.40
Fee: $3.60
PayPal Checkout
$96.02
Fee: $3.98
Square Manual Entry
$96.35
Fee: $3.65

Frequently asked questions

What does Square charge per transaction?
On the Square Free plan: 2.6% + 15¢ for tap, dip, or swipe; 3.3% + 30¢ for online checkout and invoices; 2.9% + 30¢ for online API payments; and 3.5% + 15¢ for manually entered cards or cards on file. Cards issued outside the US add 1.5%.
Does Square have monthly fees?
Square Free has no monthly fee. The paid plans, Square Plus and Square Premium, are billed monthly per location and lower some rates: in person drops to 2.5% + 15¢ on Plus and 2.4% + 15¢ on Premium, and online checkout and invoices drop to 2.9% + 30¢ on both. Manual entry stays at 3.5% + 15¢ on every plan.
Is Square or Stripe cheaper?
In person they're close: Square Free (2.6% + 15¢) costs more than Stripe (2.7% + 5¢) on payments under $100 and less on payments over $100. Online, Square Free's standard checkout and invoices cost 3.3% + 30¢ versus Stripe's 2.9% + 30¢, while Square's online API rate matches Stripe at 2.9% + 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 lets you take manually entered cards (3.5% + 15¢), invoices and online store payments (3.3% + 30¢ on Square Free) 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% + 15¢ in person). Upgrading to a paid plan (Square Plus or Premium) unlocks lower rates and additional features, but is entirely optional.

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