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Square Rating:


  • Customer Experience & Support - 9/10
  • Pricing & Value - 8.5/10
  • Security - 10/10
  • Innovation & Future-Proofing - 9/10
Comments Rating 0 (0 reviews)

Rating Breakdown

Our Rating: 4.6/5

Our rating is based on our subjective judgment. Use our resources—including our rating and community ratings and reviews—to find the best fit for your firm.

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.

Square Features

Starting Monthly Fee
Starting Processing Fee
2.6% + 10¢
About Credit Card Processing Fees
Comparing credit card processors on price is difficult because there are so many fees involved, from monthly fees to per-transaction fees, with variations for eCheck/ACH versus swiped cards versus keyed-in transactions and extra fees for "signature cards" like American Express. As a rule of thumb, credit card processing fees are 2–3.5% of the transaction. eCheck/ACH fees are usually lower.
Free Trial
  • Android
  • iOS
  • Web
  • Email
Accept Payments
Accepting payments is the defining feature of credit card processing tools, of course. However, not all processors accept all payment types. See below for a more detailed breakdown.
Recurring Payments
You can use recurring payments for subscriptions and other pay-over-time fee arrangements.
Send Invoices
Some credit card payment processing tools include a basic invoicing feature in case you don't have separate accounting or billing software.
Payment Reminders
With payment reminders you can automate email notifications to your clients to remind them about upcoming or past-due payment dates.
Payment Types Accepted
Major Credit Cards
Issue Refunds
When you have to give the money back.
Generate report like payments received or upcoming payments.
Fraud Protection
Payment processors should monitor transactions for suspicious activity to help avoid fraudulent charges.
Trust Account Compliance
Some jurisdictions may require law firms that accept credit cards to comply with specific procedures. For example, pulling the transaction fee from your operating account or having your client pay it instead of subtracting it from the payment amount.
Software Integrations
  • Many integrations in the Square App Marketplace, plus custom solutions.

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.

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