Square fees calculator · fees checked 2026-10-29

Square takes $33.30 from a $1,000 online payment.

Square charges 2.9% + 30¢ online or by invoice, 2.6% + 15¢ in person, and 1% (minimum $1) for an ACH invoice. Type your amount to compare.

Payment amount

Payments like this per month

What you use now

Show me the cheaper way

At common amounts

Fee and effective rate.

Payment	Square Free, card or invoice	Square Free, in person	Square Free, ACH invoice
$100.00	$3.60 (3.6%)	$2.75 (2.75%)	$1.00 (1%)
$500.00	$16.80 (3.36%)	$13.15 (2.63%)	$5.00 (1%)
$1,000.00	$33.30 (3.33%)	$26.15 (2.62%)	$10.00 (1%)
$5,000.00	$165.30 (3.31%)	$130.15 (2.6%)	$50.00 (1%)

What costs less on a $1,000 payment

Melio, bank transfer request: $0.00 instead of $33.30, so you keep $33.30 more per $1,000 payment, $1,598.40 a year at 4 a month.
Zelle for business (through your bank): $0.00 instead of $33.30, so you keep $33.30 more per $1,000 payment, $1,598.40 a year at 4 a month.
Wise Business, USD account ($31 once): $0.00 instead of $33.30, so you keep $33.30 more per $1,000 payment, $1,598.40 a year at 4 a month.
Payoneer receiving account, then withdraw: $1.50 instead of $33.30, so you keep $31.80 more per $1,000 payment, $1,526.40 a year at 4 a month.

Ranked by fee only. Each route is set up in your own account; PaidRouter never holds your money.

Questions

What does Square charge on $1,000?

$33.30 online or by invoice (2.9% + 30¢), $26.15 in person (2.6% + 15¢), and $10.00 for an ACH invoice (1%, minimum $1).

Is Square cheaper than Stripe?

Online they are the same (2.9% + 30¢). In person Square's 2.6% + 15¢ beats Stripe Terminal's 2.7% + 5¢ above about $10. On bank payments Stripe's ACH (0.8%, $5 cap) beats Square's 1% once the payment is over $500.

How do I pay less than Square's card fee?

Offer a bank transfer: a Melio, Zelle or Wise request costs $0 to receive, and Square's own ACH invoice is 1%. For a $1,000 payment that is $33.30 saved per payment.

Sources

Platform	Method	Fee	Checked
square	card online or invoice	3.3% + $0.30	source, 2026-10-29
square	card in person	2.6% + $0.15	source, 2026-10-29
square	ach invoice	1%, min $1	source, 2026-10-29

Have an AI assistant? Connect PaidRouter and it answers this for any amount: paidrouter.com/mcp. Free key, ranked by fee only.

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