thread Re: What is the fee for accepting cashapp for payment? in Archived Discussions (Read Only)

What is the fee for accepting cashapp for payment?

WCCG — Wed, 11 May 2022 12:49:12 GMT

The fee page shows the cost per swipe, dip, and tap on register, virtual terminal, contactless reader etc. but shows nothing as far as fees if the customer pays by cashapp.

What is the fee?

Using phone with reader as my device. Phone displays the cashapp QR code.

Re: What is the fee for accepting cashapp for payment?

HC_Charlie — Wed, 11 May 2022 15:07:54 GMT

Hello @WCCG thanks for your question. I found this answer on this post, I hope this helps.

There’s no complicated pricing to process Cash App payments — just our standard transparent processing rate of 2.6% + 10¢ (for card-present transactions) or 2.9% + 30¢ (for card-not-present transactions). If you have a custom processing rate on your Square account, you’ll continue to process Cash App payments at that rate.

Re: What is the fee for accepting cashapp for payment?

ajk222 — Tue, 06 Dec 2022 01:45:21 GMT

I found this post from Square confusing, because I don't understand whether CashApp is considered "card-present" or "card-not-present". Does anyone have any experience with this?

Re: What is the fee for accepting cashapp for payment?

JJ_ — Thu, 08 Dec 2022 00:39:32 GMT

Sorry for the confusion here @ajk222

The Pay with Cash App processing rate is 2.6% + 10¢ (for card-present transactions via Square Point of Sale) or 2.9% + 30¢ (for card-not-present transactions when completed via Invoices, Square Online, etc.).

Re: What is the fee for accepting cashapp for payment?

ajk222 — Thu, 08 Dec 2022 02:38:48 GMT

Thanks!