Square Fee Calculator — Calculate Square Processing Fees [2026]
Calculate Square payment processing fees for in-person (2.6% + $0.10), online (2.9% + $0.30), and manually keyed (3.5% + $0.15) transactions. Free calculator.
Square Fee Breakdown
Compare with Other Processors
| Processor | Fee | Effective Rate | You Keep |
|---|---|---|---|
| SquareBEST | $2.70 | 2.70% | $97.30 |
| Stripe | $3.20 | 3.20% | $96.80 |
| PayPal | $3.98 | 3.98% | $96.02 |
Square Fee Structure
What is Square Fee Calculator?
How to Use Square Fee Calculator
Enter the transaction amount and select the payment method: in-person tap/dip/swipe (2.6% + $0.10), online/invoice (2.9% + $0.30), or manually keyed (3.5% + $0.15). The calculator shows the fee amount, net amount, and effective rate. Compare with Stripe and PayPal to find the best processor for your business.
How Square Fee Calculator Works
Common Use Cases
- Calculating processing costs before choosing Square as your POS system
- Comparing Square's in-person vs online transaction fees
- Estimating monthly processing costs for a retail or restaurant business
- Comparing Square pricing against Stripe, Clover, and Toast
- Determining the cost impact of manually entering card numbers
- Budgeting for payment processing as a small business owner
Frequently Asked Questions
Does Square charge monthly fees?▼
No, Square has no monthly fees, setup fees, or long-term contracts for its basic POS service. You only pay per-transaction processing fees. However, Square's premium plans (Square for Restaurants, Retail, etc.) do have monthly subscription fees.
What is Square's in-person processing rate?▼
Square charges 2.6% + $0.10 per in-person transaction when the card is tapped, dipped, or swiped using a Square reader. This is one of the most competitive flat rates for in-person payments.
Why is Square's keyed-in rate higher?▼
Manually keyed-in transactions carry higher fraud risk since the physical card isn't present. Square charges 3.5% + $0.15 for these transactions to account for the increased risk of chargebacks and fraud.
How does Square compare to Stripe?▼
Square's in-person rate (2.6% + $0.10) beats Stripe's (2.7% + $0.05). For online payments, both charge 2.9% + $0.30. Square is better for businesses with physical locations, while Stripe is preferred for online-only businesses.
Does Square charge for refunds?▼
Square does not charge a fee for processing refunds. However, the original processing fee is not returned — you lose the transaction fee on refunded sales.
Can I negotiate Square's rates?▼
Square offers custom pricing for businesses processing over $250,000 per year. Contact Square's sales team to discuss volume-based discounts. For standard accounts, rates are non-negotiable.
Related Tools
Stripe Fee Calculator
Enter your transaction amount, see exact Stripe fees for domestic, international...
Credit Card Fee Calculator
Calculate credit card processing fees by card type (Visa, Mastercard, Amex, Disc...
Credit Card Processing Fee Calculator
Compare credit card processing pricing models: flat rate, interchange-plus, and ...