Hey there @rkb1!
WELCOME TO SQUARE PROCESSING FEES!
Here is a list representing your fees for each type of transaction depending on your location with appropriate help articles to each one!
US:
| Payment Type | 2.6% + 10¢ | 3.5% + 15¢ | 2.9% + 30¢ |
| Swiped Magstripe Cards | ✔️ | ✖️ | ✖️ |
| Swiped or Inserted Chip Cards | ✔️ | ✖️ | ✖️ |
| Contactless (NFC) Payments | ✔️ | ✖️ | ✖️ |
| Prepaid Gift Cards | ✔️ | ✖️ | ✖️ |
| Point-of-Sale API Swiped or Inserted Payments | ✔️ | ✖️ | ✖️ |
| Swiped Virtual Terminal Payments | ✔️ | ✖️ | ✖️ |
| Card on File Transactions* | ✖️ | ✔️ | ✖️ |
| Manually Entered Card Payments* | ✖️ | ✔️ | ✖️ |
| Point-of-Sale API Keyed-In Payments* | ✖️ | ✔️ | ✖️ |
| Manually Entered Virtual Terminal Payments* | ✖️ | ✔️ | ✖️ |
| Invoices | ✖️ | ✖️ | ✔️ |
| Square eCommerce API | ✖️ | ✖️ | ✔️ |
| eCommerce Card on File payments | ✖️ | ✖️ | ✔️ |
UK:
| Inserted Chip Cards | 1.75% per payment |
| Contactless Cards and Devices | 1.75% per payment |
| Swiped Magnetic Stripe Cards | 1.75% per payment |
| POS App Manually Keyed-In Cards | 2.5% per payment |
| POS App Card on File Transactions | 2.5% per payment |
| Invoices | 2.5% per payment |
| Invoices Card of File Transactions | 2.5% per payment |
| Virtual Terminal | 2.5% per payment |
| Virtual Terminal Card on File Transactions | 2.5% per payment |
| Online Checkout Link Recurring Payments | 2.5% per payment |
| Square Online | 1.9% for European cards and 2.9% for non-European cards per payment |
| Square eCommerce API | 1.9% for European cards and 2.9% for non-European cards per payment |
| Square Online Checkout Links | 1.9% for European cards and 2.9% for non-European cards per payment |
| Digital Gift Cards | 1.9% for European cards and 2.9% for non-European cards per payment |
| Recorded Cash, Cheques and Other Tender | Free |
AU:
1.6% for each contactless payment, inserted chip card, or swiped magstripe card through Square Terminal and Square Register.
1.6% for each transaction when you connect Square Terminal with Virtual Terminal.
1.9% for each contactless payment, inserted chip card, or swiped magstripe card through Square Reader and Square Stand.
2.2% for each manually entered payment through the Square Point of Sale app.
2.2% for each Square Invoice and Square Appointments paid securely online.
2.2% for each payment through the Square eCommerce API.
2.2% for each Virtual Terminal payment.
CA:
Your fee will be 2.65% of the total transaction amount for any of the following payment types:
Your fee will be $0.10 per transaction for the following payment type:
Your fee will be 3.4% + 15¢ of the total transaction amount for any of the following payment types:
Your fee will be 2.9% + 30¢ of the total transaction amount for any of the following payment types:
You won’t pay any fees for the following payment type:
The higher fee for manually entered transactions is due to a greater risk involved with these payments, as neither the payment card nor the buyer have to be present for the payment to occur.
THIS IS INFORMATION AS PROVIDED BY SQUAREUP.COM - FEES MAY VARY DEPENDING ON YOUR PLAN OPTIONS
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Any other questions or after more information, reply to this thread!
