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Can anyone please clarify the fees for recurring invoiced payments?
This page states: "2.2% for each Square Invoice paid securely online".
This page states: "3.5% + 0.15 cents each time you complete a payment with Square Invoices using a card on file".
My question is specifically in regards to the "Allow automatic payments with card on file" toggle when creating a New Recurring Series in the Square app. It gives a warning: "If your customer opts-in, this will result in a higher transaction fee".
Does this mean the fee will ordinarilly be 2.2% and increase to (not an additional) 3.5% + 0.15c only if they choose this option?
Cheers, Will.
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Hi @WilliamGP, and welcome to the community!
The article titled "What are Square's Fees?" has the correct pricing for our Invoices product - the article that you've linked to that mentions 3.5% + 0.15 cents references our US pricing. I'll make sure that article is updated with the correct information going forward - thanks for the heads up!
So to clarify, you'll only be charged 2.2% for all invoices paid by credit card, whether they are issued once-off or via a recurring series.
Hi @WilliamGP, and welcome to the community!
The article titled "What are Square's Fees?" has the correct pricing for our Invoices product - the article that you've linked to that mentions 3.5% + 0.15 cents references our US pricing. I'll make sure that article is updated with the correct information going forward - thanks for the heads up!
So to clarify, you'll only be charged 2.2% for all invoices paid by credit card, whether they are issued once-off or via a recurring series.
Thanks for your help Chris! That's great.
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