Square has simple and transparent pricing. Our best-in-class point-of-sale software is completely free and you'll always pay one low rate per card payment, 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 processing fees work in our Support Center or watch the YouTube video below.
Square processing fees are deducted before funds are transferred to your linked bank account. Here are the payment types you can accept with Square and the associated fees on the total transaction amount:
<*The higher fee for manually entered transactions is due to a greater risk involved with these payments, as neither the payment card nor the cardholder needs to be present for the payment to occur.
There are multiple plans for Square Online. Check out the best pricing tier to fit your online business needs.
ACH Bank Transfers are priced at 1%, with a minimum fee of $1 per transaction.
If you are processing payments for CBD transactions as a part of the Square CBD Program, different fees will apply. You can view processing fees for CBD transactions in the CBD Program FAQ.
You won’t pay any fees for the following payment types: Cash, Checks, and Other Tender
Learn more about how processing fees work.
Square Invoices processing fees are deducted before funds are transferred to your linked bank account. With Square Invoices you are able to accept payments via a number of different methods that have different processing rates. The below table outlines what fees are associated with each payment type on the total transaction amount:
Payment Type Invoices Free Invoices Plus Online card transaction 3.3% + 30c 2.9% + 30c In-person (tap/dip/swipe) 2.6% + 10c 2.6% + 10c Manually Entered card payment 3.5% + 15c 3.5% + 15c Card on File 3.5% + 15c 3.5% + 15c ACH transaction 1%, minimum $1 1%, minimum $1Square sellers using Afterpay get paid the full amount at the time of purchase, minus a processing fee on the total order. Enabling Afterpay with Square is free — there are no monthly fees or startup costs. You only pay when you make a sale. There are no processing fees charged on the remaining installments or if your customer makes a late payment.
Note: Afterpay rates are fixed and do not vary by subscription type, hardware, or custom pricing.
With Square Gift Cards you will pay a 2.5% load fee of the total amount loaded on to 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 2.9% + $.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.
There are no fees for:
Activation
Downloading the Square Point of Sale app
Chargebacks and Dispute management
Square Support
Advanced reporting tools
Account inactivity
PCI compliance coverage
Account takeover protection
End-to-end encrypted payments
Active fraud prevention
Next-business-day transfers
Free Square Reader for magstripe
Early termination
Processing refunds
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.
Learn more about the way our fees are broken down.
If your annual sales exceed $250,000 and have an average ticket size of over $15, contact sales.
You can view monthly tax invoices and processing rates at any time from your online Square Dashboard:
Go to Account & Settings > Business information > Tax forms.
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.
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:
To learn more about the Square reporting terms, visit our Support Center.
When you invite businesses to join Square, you can both benefit from Square referral program. For each business that activates their account through your unique referral link, you can choose to receive reimbursements on processing fees up to $1,000 in sales over the next 180 days (six months) or $20 off the purchase of a Square Reader for contactless and chip from Square Shop. Upon activation, your friends can also receive free processing fees on up to $1,000 in transactions or a discounted hardware purchase.
Learn more about inviting eligible businesses and tracking fee reimbursements with Square’s Referral program.
Check out the answers to our most frequently asked questions.
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If you’ve visited Radcliff Wire’s website, you’ve seen the many different wire shapes we offer. Round, flat, trapezoid, house shaped, flat, and even custom shapes are just some of the many options. With so many shapes to choose from, it can be challenging to decide which is most suitable for a particular application, but here’s why you might want to consider choosing square shaped wire:
Square wire’s four flat sides offer unique advantages when compared to other wire shapes. Its flat faces evenly distribute stress and help prevent wear from external forces, such as friction or abrasion. This makes it especially useful for applications that require superior durability under extreme conditions.
Square wire’s flat surfaces also provide increased contact over round wire and offer better conductivity. Its flat surfaces create less resistance than round wire, making it ideal for electrical components like circuit boards and switches. It provides increased contact points between wires and between assembly components, too, which further enhances overall conductivity. This makes square shaped wire especially beneficial for use in high voltage systems and long-distance connections.
When increased flexibility or resilience to deformation and vibration is necessary, square-shaped wire is an ideal choice. Its strength helps it resist bending or twisting, making it ideal for applications such suspension and high torque clips. It’s also often used in conveyor systems to provide the strong, flexible support necessary for transporting heavy items.
In terms of manufacturing and installation, round-shaped wires tend to be easier to manufacture and install than their square counterparts due to their simpler geometry. However, square wires are sometimes more efficient when it comes to space utilization. This makes them ideal for use in crowded circuits where space is at a premium.
Deciding which wire shape to use ultimately depends on your application and performance requirements. Each shape has its pros and cons, and fully understanding them can help you choose the most suitable wire shape for your project.
Contact Us to discuss the shaped wire you need.