Square’s Payment Processing Fees

Square's fees and standard pricing plan

Seller Community: “We use it in our business and have for about 5 years, and love it, no problems with deposits, and we’ve processed over 2 million dollars in credit cards with Square. The POS is always improving.” -VanKalkerFarms

Square’s Fees by Payment Type

Square’s processing fees are deducted before funds are deposited to your linked bank account. Here are the payment types you can accept with Square and the associated fees:

Your fee will be 2.75% of the total transaction amount for any of the following payment types:

Your fee will be 3.5% + 15¢ of the total transaction amount for any of the following payment types:

Seller Community: Ask questions, get answers, and read more about manually entered payment fees.

Your fee will be 2.9% + 30¢ of the total transaction amount for any of the following payment types:

You won’t pay any fees for the following payment type:

The higher fee for manually entered transactions is because there is greater risk involved with these payments, as neither the payment card nor the buyer have to be present for the payment to occur.

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

  • No hidden fees! There are no fees for:

  • 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 non-profit organizations.

Custom Rates on Processing Fees

If your annual sales exceed $250,000, get in touch with our sales team. We can help find the right transaction rate for you. Contact Sales.

View Your Fees

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

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

View Fees Paid Per Deposit

From the Square Point of Sale app:

  1. Tap the three horizontal lines > tap Reports.
  2. Tap Deposits > select a deposit.
  3. Fees for the sales included in that deposit are listed under Fees.

From your online Square Dashboard:

  1. Log in to Deposits in your online Square Dashboard.
  2. Select a date range from the date selector tool in the upper-left corner.
  3. Select a deposit from the list for an overview of the total fees paid.
  4. To view fees associated with each transaction in your selected deposit 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 the three horizontal lines > 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.

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 (6 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.

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