Solved: What are Square's Processing Fees? - Page 3

willie1234 · ‎03-15-2019

What is the difference between Square's fees? Is the fee different between swipe and key in?

GlassJudy · ‎03-15-2019

Here's a link to the page which will explain Square's fee structure. Square charges the fee for every charged transaction - swiped, dipped, tapped or manually entered. The fee depends on which version of Square you're using, with the manually entered method being the most expensive due to the higher risk for those transactions.

Judy T Shumway

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JJ_ · ‎03-10-2022

Hello @LTacker21 and @alexandriak

Wanted to provide some clarification on this. The reason you will see a slightly higher percentage on your reports is that we bundle the .10 cents fee into the percentage. What I'm trying to say is that 2.9% + 10 cents should be the same fee as 3.11%

I hope this information is helpful.

JJ
Community Moderator, Square
Sign in and click Mark as Best Answer if my reply answers your question.

alexandriak · ‎03-10-2022

That's exactly what I was trying to say lol thank you for clearing it up.

Also note that invoices and typed in card transactions have higher amounts. That's what I meant vs the lower transaction amount.

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