Not affiliated with, endorsed by or sponsored by Square. The name is a trademark of its owner and appears here only to identify whose published fee schedule we use.
Square fees in 2026
Since October 2025, Square sells three U.S. plans, Free, Plus and Premium, and the processing rate depends on both the plan and how the card is taken.[3][1]
| Payment type | Free | Plus ($49/mo) | Premium ($149/mo) |
|---|---|---|---|
| In person (tap, dip, swipe) | 2.6% + 15¢ | 2.5% + 15¢ | 2.4% + 15¢ |
| Online store, checkout links, invoices | 3.3% + 30¢ | 2.9% + 30¢ | 2.9% + 30¢ |
| Online API (eCommerce) | 2.9% + 30¢ | 2.9% + 30¢ | 2.9% + 30¢ |
| Manually keyed or card on file | 3.5% + 15¢ | 3.5% + 15¢ | 3.5% + 15¢ |
| Afterpay | 6% + 30¢ | 6% + 30¢ | 6% + 30¢ |
| ACH bank transfer (invoice) | 1%, $1 min | 1%, $1 min, $10 cap | 1%, $1 min, $10 cap |
| Card issued outside the U.S. | +1.5% | +1.5% | +1.5% |
Square charges no fee for chargebacks or dispute management.[2] Standard transfers to your bank are free; instant and same-day transfers cost 1.95%.[4] Plan prices are per location.
Is Square Plus or Premium worth it?
On in-person sales alone, Plus pays for itself above about $49,000 a month of card volume and Premium above about $74,500; in practice the plans are bought for their software, with the lower rate as a bonus.
For online and invoice payments the gap is bigger: Plus and Premium pay 2.9% + 30¢ instead of 3.3% + 30¢, so a business that sends $12,250 a month in card-paid invoices saves the $49 Plus fee on that alone.
Square invoice fees
An invoice paid by card on the Free plan costs 3.3% + 30¢: $8.55 on a $250 invoice. Paid by bank transfer (ACH) it costs 1%, with a $1 minimum; Plus and Premium cap that at $10, so a $3,000 invoice costs $10 instead of $30. For larger invoices it pays to offer ACH, or to compare rates in Stripe vs Square fees and the Stripe fee calculator and PayPal fee calculator.
Square fee changes
- Scheduled: bitcoin payments move from 0% to 1%.
- New 1.5% fee on cards issued outside the U.S.; instant transfer 1.75% → 1.95% (dates from archived copies of Square's help pages).
- Online payments on legacy plans 2.9% → 3.3% + 30¢.
- Square Free, Plus and Premium plans announced; Plus 2.5% + 15¢ and Premium 2.4% + 15¢ in person.
- In-person rate 2.6% + 10¢ → 2.6% + 15¢ for new sellers (existing sellers from March 27, 2025).
Comparing Square with a merchant account? The credit card processing fee calculator sets a flat rate against interchange-plus pricing. Cash App payments taken through Square use Square's rates; see the Cash App fee calculator for Cash App's own business account.
Frequently asked questions
How much does Square charge per transaction?
On the Free plan: 2.6% + 15¢ in person, 3.3% + 30¢ online and on invoices, and 3.5% + 15¢ for keyed-in cards. Plus and Premium have lower in-person and online rates.
What is the Square fee on $100?
$2.75 for an in-person card payment on the Free plan, or $3.60 online.
How much does Square charge for invoices?
3.3% + 30¢ when paid by card on the Free plan (2.9% + 30¢ on Plus and Premium), or 1% for ACH bank transfer with a $1 minimum.
Does Square charge for instant transfers?
Yes, 1.95% of the amount. Standard next-business-day transfers are free.
Does Square charge for chargebacks?
No. Square lists chargebacks and dispute management among the things it does not charge for.