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Venmo vs Square


 VenmoSquare
 Visit SiteVisit Site
 

Venmo

Square

SPECIAL OFFER
Try Venmo business profiles for 30 days - Learn More

SPECIAL OFFER
Square Reader: Free Mobile Credit Card Reader - Learn More

Read Square Review

 

Benefits and Features

Monthly Fee
$0
Starts at $0/mo
Good ForSmall mobile businesses and freelancers who want to take Venmo paymentsMobile & small businesses with average transaction over $100
Equipment
None needed
Card reader: $0 to $59; Stand, Terminal, and Register available for purchase
Accept International Payments 
USD payments only
Customer ServicePhone, email, and messaging through the appPhone, Email, Live Chat Support, Seller Community
Fraud Prevention Tools 
Check
Invoice Management 
Check
Pricing Model
Flat-Rate
Flat rate
Recurring Billing 
Check
ACH Payments 
1% ($1 minimum)
Swipe Rate
1.9% + $0.10
2.6% + $0.10
Online Rate
2.9% + $0.30
2.9% + $0.30
Keyed-in Transaction Fee
N/A
3.5% + $0.15
Deposit TimeInstant access to the funds in your Venmo account for in-person payments.Payments before 5PM PT / 8 PM ET is available the next business day
Chargeback Fee
N/A
None
 

CreditDonkey® Reviews

 VenmoSquare
PriceStarStarStarStarEmpty Star
EquipmentStarStarStarStarStar
ContractStarStarStarStarStar
Customer ServiceStarStarStarEmpty StarEmpty Star
EcommerceStarStarStarStarEmpty Star
High Volume BusinessStarEmpty StarEmpty StarEmpty StarEmpty Star
Low Volume BusinessStarStarStarStarStar
Pros & ConsPros:
  • 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
Bottom LineGood credit card processor for low-volume businesses... Read full review
 Visit SiteVisit Site

Try Venmo business profiles for 30 days

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Square Reader: Free Mobile Credit Card Reader

Square Reader: Free Mobile Credit Card Reader

  • Pay 2.6% + 10¢ Per Swipe for Visa, Mastercard, Discover, and American Express
  • Accept Credit Cards Anywhere
  • Fast Setup, No Commitments
Square Contactless and Chip Card Reader

Square Contactless and Chip Card Reader

  • Pay 2.6% + 10¢ per tap or dip for Visa, Mastercard, Discover, and American Express
  • Accept Chip Cards and Contactless Payments Anywhere
Square Terminal

Square Terminal

  • 2.6% + 10¢ per tap, dip, or swipe
  • Fully integrated POS system with built-in receipt printer
  • 5.5" display

Articles on Square

Alternatives to Square

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Square Review

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Best Square POS Alternatives

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Square vs Stripe vs Paypal

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 vs Clover

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 vs Merchant Account

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.

How Much Does Square Charge

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 Rates

Square offers a free credit card reader. But there are transaction rates and processing fees you need to be aware of.

Square vs PayPal

Is Square or PayPal better for your small business? Find out how they compare in pricing and features.

Which Do You Think is Best?


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Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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