Square Fee Calculator

Enter Transaction Amount ($):

In-Person Transaction

2.6% + 10¢ per transaction

Online Transaction

2.9% + 30¢ per transaction

Keyed-In Transaction

3.5% + 15¢ per transaction

Square Fee:

2.6% + 10¢

Transaction Amount:

$100

Net Amount:

$97.30

Welcome to our Square Fee Calculator , the ultimate tool for calculating Square’s transaction fees with ease and precision. Whether you're processing payments in person, online, through keyed entries, or via swiped cards, this calculator is designed to give you instant and accurate results.

What Does the Square Fees Calculator Do?

Our Square fee calculator simplifies fee calculations for four major transaction types:

In-Person Payments: For transactions made directly through card readers.
Online Payments: Perfect for e-commerce sales or payments made through online platforms.
Keyed-In Transactions: For manually entered card details.
Swiped Payments: For cards swiped through a reader.

Simply input your transaction amount, select the type of payment, and the calculator will show the exact fee Square charges and the net amount you’ll receive.

Square’s Transparent Fee Structure

Square's fees are straightforward and vary based on the transaction type:

In-Person Payments: 2.6% + $0.10 per transaction
Online Payments: 2.9% + $0.30 per transaction
Keyed-In Transactions: 3.5% + $0.15 per transaction
Swiped Payments: 2.6% + $0.10 per transaction

How to Use the Square Fee Calculator

Using the calculator is quick and hassle-free:

Enter your transaction amount.
Select the type of payment (in-person, online, keyed-in, or swiped).
Instantly view the processing fee and the net amount you’ll receive after Square’s charges are deducted.

This user-friendly approach ensures you always have an accurate understanding of your payment processing costs.

Why Use Our Square Fee Calculator?

Our Square fee calculator is designed to help businesses of all sizes manage their costs effectively. With just a few clicks, you can:

Determine the exact fee for each transaction.
Understand the net amount you’ll receive after fees.
Plan your pricing strategy to ensure profitability.

Whether you’re accepting payments at a retail store, online, or through mobile devices, this tool takes the guesswork out of fee calculations, leaving you free to focus on growing your business.

Stay on Top of Your Costs

Square’s payment solutions are known for their simplicity and reliability, and our Square fee calculator complements this by providing instant insights into your transaction fees. No matter how you’re processing payments, you’ll always have a clear picture of your costs.

Frequently Asked Questions

1. What is the fee for using Square?

The fee for using Square is 2.6% + $0.10 per transaction for in-person payments. Online transactions and keyed transactions have different fee structures.

2. How do I pass Square fees to customers?

You can pass Square fees to customers by adding a convenience fee or a surcharge to the transaction. However, this practice is regulated by card networks and may require disclosure.

3. Does Square charge to transfer to bank?

Square does not charge a fee to transfer funds to your bank account. Transfers are usually deposited within 1-2 business days.

4. Is the Square Reader free?

The Square Reader is free for new businesses that sign up for a Square account. Existing businesses can also purchase additional readers for a small fee.

5. Does Square take a percentage of invoices?

Square does not take a percentage of invoices, but rather charges a flat fee of 2.9% + $0.30 per online invoice payment.

6. How to calculate Square fees?

To calculate Square fees, multiply the transaction amount by the percentage fee, then add the flat fee. For example, on a $100 sale, the fee would be ($100 x 0.026) + $0.10 = $2.70.

7. How much does Square charge?

Square charges a flat fee per transaction, typically 2.6% + 10 cents for in-person card payments and 2.9% + 30 cents for online or keyed-in transactions.

8. How to reduce Square fees?

To reduce Square fees, consider using Square's free card reader, processing higher-volume transactions, or exploring Square's subscription plans, which can offer lower processing rates.

9. Other Square fees and costs?

Other potential Square fees include hardware costs (card readers, registers), subscription fees for advanced features, and fees for specific services like Square Capital.