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Helcim vs Square

Helcim is an excellent interchange-plus provider if you're looking for overall value and service. How does it compare to Square? Read our comparison chart below.

 HelcimSquare
 Visit SiteVisit Site
 

Helcim

Square

SPECIAL OFFER
Start Accepting Payments Fast - Learn More

Read Helcim Review

SPECIAL OFFER
Free Mobile Credit Card Reader - Learn More

Read Square Review

 

Benefits and Features

Customer ServicePhone, email, or schedule callbackPhone, Email, Live Chat Support, Seller Community
Good ForSmall-mid sized businesses; Seasonal businessesMobile & small businesses with average transaction over $100
Equipment
$199 for Helcim card reader
Free magstripe card reader; $49 for contactless + chip reader; Stand, Terminal, and Register available for purchase.
Pricing Model
Interchange-Plus
Flat rate
ACH Payments
0.5% + $0.25 per transaction
1% ($1 minimum)
Swipe RateInterchange + 0.30% + 8¢ (for processing up to $25,000/mo; discounts for larger volume)
2.6% + 10¢
Online RateInterchange + 0.50% + 25¢ (for processing up to $25,000/mo; discounts for larger volume)
2.9% + 30¢
Monthly Fee
No monthly fee
No monthly fees
Keyed-in Transaction FeeInterchange + 0.50% + 25¢ (for processing up to $25,000/mo; discounts for larger volume)
3.5% + 15¢
Deposit Time
1-2-day funding
Payments before 5PM PT / 8 PM ET is available the next business day
Chargeback Fee$15 ($0 if you win the dispute)
None
 

CreditDonkey® Reviews

 HelcimSquare
PriceStarStarStarHalf StarEmpty StarStarStarStarStarEmpty Star
Customer ServiceStarStarStarStarHalf StarStarStarStarEmpty StarEmpty Star
EquipmentStarStarStarEmpty StarEmpty StarStarStarStarStarStar
ContractStarStarStarStarStarStarStarStarStarStar
EcommerceStarStarStarStarEmpty StarStarStarStarStarEmpty Star
High Volume BusinessStarStarStarEmpty StarEmpty StarStarEmpty StarEmpty StarEmpty StarEmpty Star
Low Volume BusinessStarStarStarHalf StarEmpty StarStarStarStarStarStar
Pros & ConsPros:
  • Volume discounts
  • No monthly fees
  • Excellent merchant tools
  • Good customer service
Cons:
  • Only one equipment option
  • Not for high-risk businesses
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 LineExcellent interchange-plus provider if you're looking for overall value and service... Read full reviewGood credit card processor for low-volume businesses... Read full review
 Visit SiteVisit Site

Which is Better: Helcim or Square?

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

In short: Helcim's customer service is noteworthy. Square's equipment and low volume business are impressive.


Articles on Helcim

Helcim Review

Helcim is a top-rated merchant account provider for customer service. It offers interchange-plus pricing with volume discounts. Is it right for you?

Articles on Square

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 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.

What is Square

Square offers mobile payment processing and a full POS for businesses. But is it good? Find out if the credit card processor is right for you.

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.

Stripe vs Square

What's better: Square or Stripe? Depends if you have an online business or physical store. Review fees, payment gateways, and integrations to help you decide.

Square

Square has no monthly fees and a low flat transaction rate. But is it safe? Find out if this credit card processor is good for business.

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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