Square pricing
Payment Processing APIs · by Block · June 2026 snapshot
Square costs 2.9% + $0.30 per online transaction. 2.9% + $0.30 for online/e-commerce; 2.6% + $0.15 for in-person tap/dip/swipe; 3.5% + $0.15 for keyed-in. No monthly fee on the base plan. Free tier: No monthly fee; pay per transaction. It is best for small businesses that sell both in person and online and want hardware + software bundled.
Source: Square. Data as of June 2026.
Square pricing at a glance
| Detail | Square |
|---|---|
| Category | Payment Processing APIs |
| Company | Block |
| Headline price | 2.9% + $0.30 per online transaction |
| Free tier | No monthly fee; pay per transaction. |
| Pricing model | 2.9% + $0.30 for online/e-commerce; 2.6% + $0.15 for in-person tap/dip/swipe; 3.5% + $0.15 for keyed-in. No monthly fee on the base plan. |
Source: Square. Data as of June 2026.
Vendor pricing as of June 2026 — verify on the vendor pricing page.
What Square charges on a sale
Square's effective rate falls as the order value rises, because the
$0.30 fixed fee is a smaller share of a larger
charge. Formula: fee = 2.9% × amount + $0.30.
| Sale amount | Fee | You receive | Effective rate |
|---|---|---|---|
| $10.00 | $0.59 | $9.41 | 5.9% |
| $20.00 | $0.88 | $19.12 | 4.4% |
| $50.00 | $1.75 | $48.25 | 3.5% |
| $100.00 | $3.20 | $96.80 | 3.2% |
| $500.00 | $14.80 | $485.20 | 2.96% |
Source: Square. Data as of June 2026.
Estimate — verify with the Square pricing page. Try other amounts in the payment fee calculator.
Pros and cons
- Matches Stripe online; cheaper in-person
- Integrated POS hardware and software
- No monthly fee on base plan
- API/developer experience weaker than Stripe
- Higher keyed-in rate
- Account holds reported by some sellers
How Square compares
See the full Payment Processing APIs comparison, or compare Square with other providers:
- Stripe — 2.9% + $0.30 per online card transaction
- Braintree — 2.59% + $0.49 per online transaction
- PayPal — 3.49% + $0.49 per standard online transaction
- Adyen — ~$0.13 processing fee + interchange + scheme fees (interchange++)
Frequently asked questions
How much does Square cost?
Square's headline price is 2.9% + $0.30 per online transaction. 2.9% + $0.30 for online/e-commerce; 2.6% + $0.15 for in-person tap/dip/swipe; 3.5% + $0.15 for keyed-in. No monthly fee on the base plan. Free tier: No monthly fee; pay per transaction. Verify current pricing on the Square pricing page, as rates change.
Does Square have a free tier?
No monthly fee; pay per transaction.
What is Square best for?
Small businesses that sell both in person and online and want hardware + software bundled. Best known for in-person POS; online rate matches Stripe. Strong fit for omnichannel small businesses; less of a pure developer/API story.
Source
Pricing snapshot from the Square pricing page, captured in June 2026. Square and other names are trademarks of their respective owners. Pricing changes often — confirm on the vendor's page. See our methodology.
Last updated: 2026-06-18