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Learn About Square's Fees

Square has simple and transparent pricing. Our best-in-class point-of-sale software is completely free and you'll always Always pay one low rate per payment method, so you can keep more of what you make. Square’s processing fees are deducted before funds are transferred to your linked bank account.

Learn how Square's processing fees work.

Square’s Payment Processing Fees

With the Square Point of Sale app, you’ll pay the following per-transaction fees:

Custom Rates on Processing Fees

If your annual sales exceed $250,000 and you have an average ticket size of over $15, our Sales Team can help find the right transaction rate and Square offerings for you. Contact Sales to learn more.

Accepted Payments

There are no minimum monthly transaction requirements, and fees are only charged when card payments are processed.

The transaction rates remain the same no matter what type of card is charged—Visa, Mastercard, American Express and eftpos are all charged at the same rate.

Every accepted payment card has the same rate, and fees are taken out of the total amount of each transaction, including GST and tip.

Other Payment Methods

You can accept other tender types such as cash or cheque—there are no fees to record other payment methods. When you accept other tender types, Square doesn’t process any funds and functions only as an organisational tool. Money for these transactions are exchanged directly between you and your customer and will not be transferred by Square.

Need-to-Know Facts About Square’s Payment Processing Fees

There are no hidden fees for the following:

  • Activation

  • Downloading the Square Point of Sale app

  • Chargebacks and Dispute management — no dispute fees (generally $15-$25 per dispute)

  • Square Support

  • Refunds

  • Advanced reporting tools

  • Account inactivity

  • PCI compliance PCI compliance coverage

  • Account takeover protection

  • End-to-end encrypted payments

  • Active fraud prevention

  • Next-business-day transfers

  • Early termination

  • Credit card fees are included in Square’s fees, so there are no charges from credit card companies.

  • Every card brand accepted has the same rate.

  • Payment processing fees are taken out of the total amount of each transaction, including tax and tip.

  • Square’s fees apply to all business types, including not-for-profit (NFP) organisations.

Learn more about the way our fees are broken down.

View Your Fees

View your current processing rates at any time from Pricing & Subscriptions in your online Square Dashboard. Processing fees are charged per transaction and deducted before each transfer. Fees cannot be charged on a monthly basis.

Note: If you have more than one location, you must first select a location to view its rates.

You can visit Fee Invoices in your Square Dashboard to download fee invoices issued for previous months. Log in to your Dashboard > select Account & Settings > Business > Fee Invoices. Individual invoices can be downloaded in PDF form.

View Fees Paid Per Transfer

From your Square Point of Sale app

  1. Tap the three horizontal lines > tap Balance.
  2. Tap View all activity > select a transfer. Note: Fees for the sales included in that transfer are listed under Fees.

From your Online Square Dashboard

  1. Visit Balance > View all transfers.
  2. Select a date range from the date selector tool.
  3. Select a transfer from the list for an overview of the total fees paid.
  4. To view fees associated with each transaction in your selected transfer date range, click Export directly under the date range button.

View Fees for a Period of Time

From your Square Point of Sale app

  1. Tap the three horizontal lines > tap Reports.
  2. Tap Sales > select a predefined date range or tap the date to set a custom range.
  3. Tap Done.
  4. Scroll to the Fees line of the sales summary report.

From your Online Square Dashboard

  1. Navigate to Reports.
  2. Click Sales Summary > select a date range from the date selector tool.
  3. Fees paid for this period of time will be displayed in the Fees row of the report.

View Fees for a Single Payment

From your Online Square Dashboard

  1. Visit Transactions in your online Square Dashboard.
  2. Select a date range and apply any desired filters.
  3. Select a transaction. The fee paid for the transaction will be listed below the transaction details.

Free Processing Credit and Reimbursement

When you invite friends to join Square, you both benefit from reimbursed card processing fees. For each person who activates their account through your referral link, you’ll receive reimbursements on processing fees up to $1,000 in sales over the next 180 days (six months). Upon activation, your friends will also receive free processing fees on up to $1,000 in transactions.

Learn more about inviting friends and tracking fee reimbursements with Square’s free processing program.

Fees FAQ

Check out the answers to our most frequently asked questions.

Learn more about: Payment Processing

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