Cashapp

AmadorSteel · ‎11-11-2022

Hi there,

I'm looking to find out if Cashapp payments at my Square Register will be charged a processing fee like cards, or if they will not be charged like cash or check.

Thank you

Donnie-M · ‎11-11-2022

@AmadorSteel

"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."

It is just like any other credit card. This just gives you a native way to take other payments and sell your product.

Donnie
Multi-Unit Manager | Founder, Table & Ledger
tableandledger.com

Square AI Champion | Using Square since July, 2017

"Good judgment comes from experience, and experience comes from bad judgment."

"You can have everything in life you want, if you will just help other people get what they want." - Z.Z.

"AI doesn't replace your judgment. It gives your judgment better information to work with."

AmadorSteel · ‎11-11-2022

I figured that was the case, but had a customer ask about it since Cashapp connects directly to their bank. I suppose in that way it's the same as a debit card, which does get a processing fee.

Thank you!