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Chase Payment Solutions vs Square

Chase Payment Solutions is a well known processor with extra benefits for Chase banking customers. How does it compare to Square? Read our comparison chart below.

 Chase Payment SolutionsSquare
 Visit SiteVisit Site
 

Chase Payment Solutions

Square

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Chase Payment Solutions - Learn More

Read Chase Payment Solutions Review

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Square Reader: Free Mobile Credit Card Reader - Learn More

Read Square Review

 

Benefits and Features

Customer ServiceGet 24/7 support, online or from a live U.S.-based Chase Payment Solutions agent.Phone, Email, Live Chat Support, Seller Community
Good For Mobile & small businesses with average transaction over $100
Equipment Free magstripe card reader; $49 for contactless + chip reader; Stand, Terminal, and Register available for purchase.
Pricing Model 
Flat rate
ACH Payments 
1% ($1 minimum)
Swipe Rate2.6% rate +10¢ per tap, dip and swiped transaction
2.6% + 10¢
Online Rate2.90% + 25¢ per ecommerce transaction
2.9% + 30¢
Monthly Fee
No monthly fees
No monthly fees
Keyed-in Transaction Fee3.5% rate +10¢ per keyed transaction
3.5% + 15¢
Deposit TimeFast funding at no additional cost. Get deposits as soon as the same day1Payments before 5PM PT / 8 PM ET is available the next business day
Chargeback Fee 
None
 

CreditDonkey® Reviews

 Chase Payment SolutionsSquare
PriceStarStarStarStarEmpty StarStarStarStarStarEmpty Star
Customer ServiceStarStarStarEmpty StarEmpty StarStarStarStarEmpty StarEmpty Star
EquipmentStarStarStarStarEmpty StarStarStarStarStarStar
ContractStarStarStarStarEmpty StarStarStarStarStarStar
EcommerceStarStarStarStarEmpty StarStarStarStarStarEmpty Star
High Volume BusinessStarStarStarEmpty StarEmpty StarStarEmpty StarEmpty StarEmpty StarEmpty Star
Low Volume BusinessStarStarStarStarStarStarStarStarStarStar
Pros & ConsPros:
  • Competitive mobile processing
  • Same day funding available
  • No contract available
Cons:
  • Other fees not disclosed
  • Some poor user reviews
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
Bottom LineWell known processor with extra benefits for Chase banking customers... Read full reviewGood credit card processor for low-volume businesses... Read full review
 Visit SiteVisit Site

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Chase Payment Solutions

Chase Payment Solutions

  • Never miss a sale with powerful new ways to accept credit cards, anytime, anywhere. Accept payments multiple ways – in person, online, or over the phone
  • Fast funding at no additional cost. Get deposits as soon as the same day1
  • Enjoy fair and transparent pricing with no hidden or monthly fees. 2.6% rate +10¢ per tap, dip and swiped transaction. 2.90% + 25¢ per ecommerce transaction. 3.5% rate +10¢ per keyed transaction2
  • Get 24/7 support, online or from a live U.S.-based Chase Payment Solutions agent.
  • Trusted security – As technology advances, our industry-leading systems help keep your payments safe
  • Accept cards in person – Take payments quickly with our easy to use point-of-sale devices and mobile app3
  • Accept cards online or over the phone – Choose from pre-built payment integrations with leading eCommerce platforms, virtual terminal and a payment gateway
  • Over 4 million businesses of all types and sizes trust financial solutions from Chase4

1Payments processed, approved, and completed by 5:00 PM Pacific Time (PT) / 8 PM Eastern Time (ET) are eligible for same-day deposits, 6 days a week, excluding Saturdays. In addition, all QuickAccept deposits are subject to the QuickAccept Terms of Service. Payments held for risk, fraud, or other review may not be eligible for same-day deposits. Payments processed, approved and completed by 5:00 PM PT / 8:00 PM ET, Sunday through Friday (including holidays), will be deposited into the business owner's Chase business checking account that night. All payments processed, approved and completed by 5:00 PM PT / 8:00 PM ET on Saturdays will be deposited into the business owner's Chase business checking account Sunday morning by 7:30 AM ET. There is no additional cost for same-day deposits, but standard rates and fees will apply for business checking and payment processing. Customers qualify for same-day deposits upon sign-up and depositing into a Chase business checking account. Same-day deposits are available in the U.S. only. Additional exclusions may apply.

2Rate Information: Mastercard, Visa, American Express, Discover, and Chase Transactions involving physical Credit and Signature Debit cards will be assessed 2.6% discount rate and $0.10 per tap, dip or swiped transaction, and 3.5% discount rate and $0.10 per keyed transaction. PIN Debit, EBT Transactions and E-commerce transactions are excluded. Not all businesses may qualify, talk to a payment specialist for more details.

3Chase Mobile® app is available for select mobile devices. Enroll in Chase Online℠ or on the Chase Mobile app. Message and data rates may apply.

4https://reports.jpmorganchase.com/investor-relations/2020/ar-ceo-letter-gordon-smith.htm
“Chase,” “JPMorgan,” “JPMorgan Chase,” the JPMorgan Chase logo and the Octagon Symbol are trademarks of JPMorgan Chase Bank, N.A. JPMorgan Chase Bank, N.A. is a wholly-owned subsidiary of JPMorgan Chase & Co.

Chase Payment Solutions

Chase Payment Solutions

  • 2.6% + 10¢ per swipe, dip, and tap
  • Get deposits as soon as the same day at no extra cost
  • 24/7 support from live US-based agents
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 POS: Point of Sale System

Square POS: Point of Sale System

  • Advanced analytics and insights
  • Inventory and customer management
  • Track employee time cards and grant permission levels

Which is Better: Chase Payment Solutions or Square?

Still need help deciding which merchant services is better? Read the in-depth reviews below. You may also be interested in comparing Chase Payment Solutions or Payline.

In short: Square's equipment and contract are impressive.


Articles on Chase Payment Solutions

Chase Payment Solutions Review

Chase Payment Solutions offers flexible payment options and quick payouts. But is it ideal for your business? Read this in-depth review of their services.

Articles on Square

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Which Do You Think is Best?





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