FEES

[Wildnred]

Just started using square....I ran a credit card using the mini processor on my phone & was charged 2.68%....I got the square stand/slide reader/contactless , ran another card(contactless reader) the next day & it was 2.87%??? Anyone know why? It was not manually entered

[JustinC]

Square's standard processing fee for swiped/dipped/tapped payments is 2.6% + 10¢ and is the same across all readers. However, since the 10c is a fixed rate, the overall calculated percentage will fluctuate depending on the transaction size - the bigger the transaction, the smaller the calculated percentage. @Wildnred

Here's a breakdown of Square's pricing. If you need further explanation, our Square Team will help out.