Square vs Stripe
Square is a good credit card processor for low-volume businesses. How does it compare to Stripe? Read our comparison chart below.
Square has a low swipe fee of 2.6% + $0.10 per transaction. It has no monthly fees, no contract, and no chargeback fees. Square offers a free swipe reader, feature-rich POS app, free virtual terminal, and free online store.
While Stripe has 2.7% + $0.05 per swiped transaction and 2.9% + $0.30 per online transaction. There is no monthly fees and no contract. With customizable API, Stripe offers complete personalization of your online checkout experience.
Compare Square with Stripe, side-by-side.
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| Visit Site | Visit Site |
| SPECIAL OFFER Square Reader: Free Mobile Credit Card Reader - Learn MoreRead Square Review | SPECIAL OFFER Online Payment Processing - Learn More |
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| Benefits and Features |
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Monthly Fee | Starts at $0/mo | No monthly fees |
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Good For | Mobile & small businesses with average transaction over $100 | Online businesses; Customized checkout experience |
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Equipment | Card reader: $0 to $59; Stand, Terminal, and Register available for purchase | Online Processing, Terminal, Stripe for Marketplace & Platforms, Billing Services (subscription & invoicing) |
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Accept International Payments | USD payments only | 135+ currencies |
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Customer Service | Phone, Email, Live Chat Support, Seller Community | Phone (by request), Email, Live Chat, IRC |
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Fraud Prevention Tools | | |
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Invoice Management | | |
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Pricing Model | Flat rate | Flat rate (also offers customized pricing packages) |
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Recurring Billing | | |
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ACH Payments | 1% ($1 minimum) | |
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Swipe Rate | 2.6% + $0.10 per transaction | 2.7% + $0.05 |
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Online Rate | 2.9% + $0.30 | 2.9% + $0.30 |
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Keyed-in Transaction Fee | 3.5% + 15¢ | 3.4% + 30¢ |
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Deposit Time | Payments before 5PM PT / 8 PM ET is available the next business day | 7-14 days after the first successful payment |
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Chargeback Fee | None | $15 |
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| CreditDonkey® Reviews |
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Price | | |
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Equipment | | |
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Contract | | |
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Customer Service | | |
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Ecommerce | | |
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High Volume Business | | |
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Low Volume Business | | |
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Pros & Cons | Pros:- No monthly or annual fee
- Free swipe card reader
- Low, predictable fixed rates
Cons:- Flat-rate pricing can be expensive for larger businesses
- Costly add-on services
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Bottom Line | Good credit card processor for low-volume businesses... Read full review | |
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| Visit Site | Visit Site |
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| | Online Payment Processing |
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Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. |
- Pay 2.6% + 10¢ Per Swipe for Visa, Mastercard, Discover, and American Express
- Accept Credit Cards Anywhere
- Fast Setup, No Commitments
- Pay 2.6% + 10¢ per tap or dip for Visa, Mastercard, Discover, and American Express
- Accept Chip Cards and Contactless Payments Anywhere
- 2.6% + 10¢ per tap, dip, or swipe
- Fully integrated POS system with built-in receipt printer
- 5.5" display
Still need help deciding which merchant services is better? Read the in-depth reviews below. You may also be interested in comparing Square or QuickBooks.
Articles on Square
Square is one of the most popular POS systems. But is it the best choice for your business? See how Square compares to top competitors and alternatives.
Explore a thorough review of Square's cost, security, and benefits for businesses. Find out if it's the right choice for you.
Square or Clover? Square or Shopify? Solve your POS dilemmas with this in-depth comparisons of top Square POS alternatives for small businesses.
Square, Stripe, and PayPal are the most popular credit card processors for small businesses. What's the difference and which is right for you?
Square is cheaper to get started, while Clover offers more flexibility. Which one is better for your small business? Find out how they compare.
Square is simple with flat rate pricing, but a merchant account can provide better savings. Which is better for your business? Read on to compare.
Square's mobile card reader lets you accept credit card payments. But how much does Square cost? Read this review to see if it is good for your business.
Square offers a free credit card reader. But there are transaction rates and processing fees you need to be aware of.
Is Square or PayPal better for your small business? Find out how they compare in pricing and features.
Articles on Stripe
If Stripe closed your account, it's likely because of excessive chargebacks or a breach of Stripe's terms. Here's what you can do about it.
Don't miss out on the top-rated Stripe alternatives for 2023. Learn about payment processors that rival Stripe's capabilities.
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