Square Fee Calculator
In person, online and keyed rates compared.
Processor pricing varies by country, card type and whatever you negotiated, and it changes without much notice. Take the real figures from your own statement — these defaults are a starting point, not your account.
Square fee
$1.61
2.9% + $0.30
Card not present online, priced like any other ecommerce gateway. Taking the same payment in person would cost $1.27, a difference of $0.33 per transaction — $2,412 a year at this volume.
How the Square Fee Calculator works
Square prices by how the card was captured, because that is what determines fraud risk. Tapping in person is cheapest, online is dearer, and keying the number in by hand is dearest of all — the card was never verified by a terminal, so someone has to carry that risk.
Not financial advice. Marketplace fees change, and they vary by country, plan and seller status. Every rate here is an editable default, not a quoted price — check the platform's current fee schedule before you price a product against it. This is not tax or business advice.
Frequently asked questions
What are Square's rates?
Around 2.6% plus 10 cents for cards tapped or inserted in person, 2.9% plus 30 cents online, and 3.5% plus 15 cents for manually keyed entry. Rates vary by country.
Why is keyed entry more expensive?
Because the card was never present and never verified by the terminal, so the fraud and chargeback risk sits higher. Interchange itself is higher for card-not-present transactions, and the processor's price follows.
Does Square charge chargeback fees?
Square does not charge a separate chargeback fee on its standard plans, which is unusual — most processors charge $15 to $25 per dispute regardless of outcome. You still lose the disputed amount if you lose the case.
Is Square cheaper than Stripe?
For in-person payments, usually. For online, they are close to identical in the US. The real differences are in hardware, point-of-sale features and how much of your volume is card-present.