Who Square is For
Square is easy to set up and easy to use. Thanks to built-in invoicing and easy integration with accounting software, it can make the process of getting charging your customers, getting your money, getting it deposited, and tracking it very easy. However, Square is much better suited for retail businesses who want to be able to accept physical credit cards and sell merchandise. If you are just getting started with accepting electronic payments, Square is a good first step, but many firms will likely outgrow the retail-based paradigm relatively quickly.
Square is one of the most widely-known credit card processing services. It was one of the first to provide users with a magstripe reader that could be plugged directly into a smartphone or tablet and now offer a variety of point-of-sale tools to help businesses process electronic payments.
Starting Monthly Fee
Starting Processing Fee
|2.6% + 10¢|
About Credit Card Processing Fees
Payment Types Accepted
Major Credit Cards
Trust Account Compliance
Things You Might Want to Know
Security. If you’re using Square’s card reader, the data is encrypted at the moment of swipe. Keyed-in data is encrypted when it transmits to Square. Square is Payment Card Industry (PCI) compliant. Servers are monitored around the clock.