Learn about Square fees
Square’s Fees by Payment Type
Here are the payment types you can accept with Square and the associated fees:
Your fee will be 2.5% of the total transaction amount for any of the following card present payment types for credit or prepaid:
Your fee will be 0.75% + $0.07 per transaction for the following card-present payment type:
Tap to Pay on iPhone and Tap to Pay on Android (debit)
Your fee will be 3.3% + 15¢ of the total transaction amount for any of the following payment types:
Your fee will be 2.9% + 30¢ of the total transaction amount for any of the following e-commerce payment types (excluding manually keyed-in or card on file transactions):
You won’t pay any fees for the following payment type:
If you’re using Square Point of Sale to process payments, the app is free to download and your account is free to maintain. Learn more abouthow processing fees work.
The higher fee for manually entered transactions is due to a greater risk involved with these payments, as neither the payment card nor the buyer has to be present for the payment to occur.
Gift Card Fees
With Square Gift Cards, you will pay a 2.5% load fee of the total amount loaded onto the gift card whenever you load or reload a physical gift card or digital eGift card online or in-store. There are no additional fees to redeem Square Gift Cards.
For digital eGift cards you will pay a credit card-not-present processing fee of 2.8% + $.30 for cards sold online through your Square eGift Card order site. If you sell your eGift cards through the Square app, you’ll pay the credit card processing rate based on our standard card processing rates.
Need-to-Know Facts About Square’s Payment Processing Fees
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No hidden fees! There are no fees for:
Activation
Downloading the Square Point of Sale app
Early termination
Interchange
International cards
Premium/loyalty cards
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Security
Chargebacks
Account inactivity
Credit card fees are included in Square’s fees, so there are no charges from credit card companies.
Every credit card brand accepted has the same rate; debit is charged at a different 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 non-profit organizations.
Learn more about the way our fees are broken down.
Note: Do your annual sales exceed $250,000 in credit card transactions? Get in touch with our sales team. We can help find the right transaction rate for you. Contact Sales.
View Your Fees
View Fees Paid Per Transfer
- Tap ≡ More > Balance.
- Tap View all activity > select a transfer. Note: Fees for the sales included in that transfer are listed under Estimated Fees.
- Go to View all transfers.
- Select a date range from the date selector tool.
- Select a transfer from the list for an overview of the total fees paid.
- To view fees associated with each transaction in your selected transfer date range, click Export.
View Fees for a Period of Time
- Tap ≡ More > Reports.
- Tap Sales > select a predefined date range or tap the date to set a custom range.
- Tap Done.
- Scroll to the “Fees” line of the sales summary report.
- From the main menu, go to Reports.
- Click Sales Summary > select a date range from the date selector tool.
- Fees paid for this period of time will be displayed in the Payments row of the report.
View Fees for a Single Payment
- Go to Reporting > Transactions.
- Select a date range and apply any desired filters.
- Select a transaction. The fee paid for the transaction will be displayed in the Fees column.
View Fees reports
You can easily download a PDF file of various fees (such as card processing fees, instant transfer fees and application fees), taxes on fees and the cost of taking payments with Square. To download your fees report:
- Log in to your online Square Dashboard and click Reporting > Reports.
- Click Fees.
- Select a month and the desired columns.
- Click the Print button to print, or Save as a PDF file.
To learn more about the Square reporting terms, visit our Support Centre.