Learn About Square’s Fees

Square’s Payment Processing Fees

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

• 1.75%+ VAT for each tapped (contactless), inserted (Chip and PIN) or swiped card-present transaction.

• 2%+ VAT for payments manually keyed-in to the Point of Sale app.

• 2.5% + VAT for Square Invoices, Virtual Terminal and recurring payments facilitated via Card on File.

• 1.4% + 25c + VAT for EU & EEA cards and 2.9% + 25c + VAT for UK/non-EEA cards for our online payment products, including Square eCommerce API, Online Store, Online Checkout links, Subscription Payments and purchases of Digital Gift Cards.

Fees are only applied when card payments are processed.

Square’s Fees by Payment Type

Here are the payment types you can accept with Square and the associated fees:

Note: 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 have to be present for the payment to occur.

No Hidden Fees

No hidden fees! There are no fees for:

• Activation

• Early termination

• Interchange

• Chargebacks

• Cash payments

• Refunds

• Inactivity

• PCI compliance

1. Card fees are included in Square’s fees, so you will not incur any charges from card companies.

2. Payment processing fees are taken out of the total amount of each transaction, including VAT on the sale and tip.

3. Square’s fees apply to all business types.

4. Learn more about the way our fees are broken down.

Note: Square’s fees are subject to VAT charges in Ireland. VAT will be charged at the same time your processing fees are deducted, and will be reflected in your monthly fee invoices and Square Dashboard reporting.

View Your Fees

View your current processing rates at any time from your online Square Dashboard:

1. Go to Account & Settings > Business information > Tax forms.

2. Click on the reporting location and month, then click Download to download a PDF.

Note: Processing fees are charged per transaction and deducted before each transfer. Fees cannot be charged on a monthly basis.

View Fees Paid Per Transfer

From the Square Point of Sale app:

1. Tap More from the navigation bar > tap Balance.

2. Tap Transfer Reports > select a transfer.

3. Fees for the sales included in that transfer are listed under Fees.

From your online Square Dashboard:

1. Log in to Balance in your online Square Dashboard.

2. Select a date range from the date selector tool in the upper-left corner.

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 the Square Point of Sale app:

1. Tap More from the navigation bar > tap Reports.

2. Tap Sales > tap the settings icon in the upper-right corner.

3. Tap Custom and select a date range > tap Apply.

From your online Square Dashboard:

1. From the Sales section of your online Square Dashboard, click Reports.

2. Click Sales Summary > select a date range from the date selector tool in the upper-left corner.

3. Fees paid for this period of time will be displayed in the Fees row of the report.

View Fees for a Single Payment

1. From the Sales section of your online Square Dashboard, click Transactions.

2. Select a date range from the date selector tool in the upper-left corner.

3. Select a transaction. The fee paid for the transaction will be listed below the transaction details.

Visit Fee Invoices to view and download a monthly summary of fees paid.