How much does Square take?
An independent calculator, not Square: nothing to sign in to and nothing to pay here. Enter a sale amount and read the fees.
On a $100.00 sale with the default settings, Square takes $2.75 and you keep $97.25 — an effective rate of 2.75%. Square takes a percentage plus a fixed amount of the whole transaction including tax and tip: 2.6% + 15¢ in person, 3.3% + 30¢ online or by invoice, and 3.5% + 15¢ keyed in on the free plan, lower on the $49 Plus and $149 Premium plans. Cards issued outside the US add 1.5%.
| Sale | Fees | You keep | Effective rate |
|---|---|---|---|
| $10.00 | $0.41 | $9.59 | 4.10% |
| $25.00 | $0.80 | $24.20 | 3.20% |
| $50.00 | $1.45 | $48.55 | 2.90% |
| $100.00 | $2.75 | $97.25 | 2.75% |
| $250.00 | $6.65 | $243.35 | 2.66% |
| $500.00 | $13.15 | $486.85 | 2.63% |
| $1,000.00 | $26.15 | $973.85 | 2.62% |
Open the Square calculator → for your own price, shipping, category and options.
How the fee is built
Fee per card payment = (percentage rate x transaction total) + fixed cents, where the rate depends on plan (Square Free / Square Plus / Square Premium; monthly plan fee is $0 / $49 / $149 per location) and on how the card was taken (in person tap/dip/swipe; online or invoice; online via Square payments APIs; manually entered or card on file). The base is the whole transaction: 'Payment processing fees are taken out of the total amount of each transaction, including tax and tip', and the same rate applies to every card brand. Cards issued outside the US add a 1.5% international surcharge on top of the base rate (not applied to Afterpay, ACH, Cash App Pay, Bitcoin or EBT). ACH bank transfers cost 1% with a $1 minimum, capped at $10 per payment on invoices (Plus/Premium; the Free column shows no cap) and $5 per payment via the API. Fees are deducted before funds are transferred to the seller's bank; no rounding rule is published; chargebacks/dispute management carry no fee.
In Square's own words
- Payment processing fees are taken out of the total amount of each transaction, including tax and tip. This fee covers all credit card fees and applies to every card brand at the same rate. The fee is deducted from the total transaction amount and applies to all businesses, including non-profit organizations.
- Square’s processing fees are deducted before funds are transferred to your linked bank account.
- Tap, dip, or swipe Applies to in-person payments when a card is present. 2.6% + 15¢ 2.5% + 15¢ 2.4% + 15¢
- Online Applies to card payments made online or through an invoice. 3.3% + 30¢ 2.9% + 30¢ 2.9% + 30¢
- Online API Applies to card payments made within your web or mobile application's workflow using our payments APIs. 2.9% + 30¢ 2.9% + 30¢ 2.9% + 30¢
- ACH bank transfer (via invoice) Applies to payments made on invoices with an ACH bank transfer. 1%, $1 min 1%, $1 min, $10 fee cap 1%, $1 min, $10 fee cap
- ACH bank transfer (via API) Applies to ACH transfers through the Web Payments SDK and Payments API. 1%, $1 min, $5 fee cap 1%, $1 min, $5 fee cap 1%, $1 min, $5 fee cap
- Manual entry or card on file Applies to payments when a card number is manually entered or when a saved card on file is used. 3.5% + 15¢ 3.5% + 15¢ 3.5% + 15¢
Source: Pricing — Your complete business toolkit, starting at $0 (Square, US) · Learn about Square fees (Square Support Center, US) · Square Payments — Know what processing fees you’ll pay · Square Payments — Calculate your Square processing fees · (redirects to article 5068 'Learn about Square fees'; no separate rounding article exists).