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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 Solutions is used by over 5 million businesses. It offers flat-rate pricing with no monthly fees and no contract, at 2.6% +10¢ per tap, dip and swiped transaction. Plus, same-day deposits are available with a Chase Business Complete Banking account.

While 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.

Compare Chase Payment Solutions with Square, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 Chase Payment SolutionsSquare
 Visit SiteVisit Site
 

Chase Payment Solutions

Square

SPECIAL OFFER
Chase Payment Solutions℠ - Learn More

Read Chase Payment Solutions Review

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

Read Square Review

 

Benefits and Features

Monthly Fee
No monthly fees
No monthly fees
Good For Mobile & small businesses with average transaction over $100
Equipment Free magstripe card reader; $59 for contactless + chip reader; Stand, Terminal, and Register available for purchase.
Accept International Payments 
USD payments only
Customer ServiceGet 24/7 support, online or from a live U.S.-based Chase Payment Solutions agent.Phone, Email, Live Chat Support, Seller Community
Fraud Prevention Tools 
Check
Invoice Management 
Check
Pricing Model 
Flat rate
Recurring Billing 
Check
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% + $0.30
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
EquipmentStarStarStarStarEmpty StarStarStarStarStarStar
ContractStarStarStarStarEmpty StarStarStarStarStarStar
Customer ServiceStarStarStarEmpty StarEmpty StarStarStarStarEmpty StarEmpty Star
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

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

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
  • 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 5 million businesses of all types and sizes trust financial solutions from Chase
Chase Payment Solutions

Fast Funding at No Additional Cost

  • 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 Payment Depot.

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


Articles on Chase Payment Solutions

Chase Payment Solutions Review

Discover the benefits of Chase Payment Solutions. Learn more about their user-friendly features and pricing. Is this your business's top choice?

Articles on Square

Square Alternatives

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.

Square Review

Explore a thorough review of Square's cost, security, and benefits for businesses. Find out if it's the right choice for you.

Best Square POS Alternatives

Square or Clover? Square or Shopify? Solve your POS dilemmas with this in-depth comparisons of top Square POS alternatives for small businesses.

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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About CreditDonkey
CreditDonkey is a credit card processing comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

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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