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There is plenty of info about payment processing fees but we can't find anything that clearly states if creating and maintaining a Square account has any cost, or not (eg. monthly, annually).
Would you please include a screen shot or hotlink if you can find something from Square itself that has a clear statement confirming your understanding? Thanks for your help!
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Here's what we finally found related specifically to POS: https://squareup.com/ca/en/townsquare/best-pos-system
"Square is different. You get a fully integrated, feature-rich point of sale system for small businesses. Squareโs fees are just 2.65% per chip and PIN, tap or swipe for Visa, Mastercard, American Express and international credit cards, and $0.10 per Interac chip and PIN or tap. See funds deposited into your bank account as fast as the next business day. Thatโs it. No hidden fees, long-term contracts, or commitments. We also never charge PCI compliance fees, and there are no POS software fees. Our friendly customer support team are knowledgeable about our products, and you can get answers with our phone and online support center, all free."
We also spoke to a Square agent on the phone to confirm that simply to create and maintain a Square account has no monthly or annual fee, though particular services such as appointments etc. could.
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