NorthOne vs Square
NorthOne is a good business banking features and tools with no monthly fees. How does it compare to Square? Read our comparison chart below.
NorthOne offers business banking with built-in financial tools. You get unlimited sub-accounts, a bill pay feature, and app integrations.
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 NorthOne with Square, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Visit Site | Visit Site | |
NorthOne | Square | |
---|---|---|
NorthOne Free Business Banking - | Square Reader: Free Mobile Credit Card Reader - | |
Benefits and Features | ||
Savings | No savings account, but you can create unlimited envelopes for savings goals | |
Checking | $0 monthly fee; no balance requirements | |
Monthly Fee | ||
Equipment | Free magstripe card reader; $59 for contactless + chip reader; Stand, Terminal, and Register available for purchase. | |
Cash Deposit Fee | ||
Customer Service | Phone, email, and live chat: Monday - Sunday, 8 am - 10 pm EST. | Phone, Email, Live Chat Support, Seller Community |
Fraud Prevention Tools | ||
Invoice Management | ||
Recurring Billing | ||
CreditDonkey® Reviews | ||
Checking | ||
Fees | ||
Mobile App | ||
Customer Service | ||
Price | ||
Equipment | ||
Contract | ||
Ecommerce | ||
High Volume Business | ||
Low Volume Business | ||
Pros & Cons | Pros:
| Pros:
|
Bottom Line | Good business banking features and tools with no monthly fees... | Good credit card processor for low-volume businesses... |
Visit Site | Visit Site | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. NorthOne: Information sourced from the published website as of 03/05/2024. |
NorthOne Free Business Banking
- Business banking for teams
- Automatic invoice ingestion and payments
- Sales and revenue analytics
- Unlimited account envelopes
- Close to 100 integrations
- Over $5000 in perks for new customers
- No monthly fees, no application fees, no minimum balance
NorthOne is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, Member FDIC.
NorthOne Free Business Banking
- Unlimited envelopes for all your business budgets
- Integrations with popular accounting and payment processing apps
- Automate your bill payments
- $50 minimum opening deposit
NorthOne Plus Business Banking
- Priority email/chat support
- Dedicated relationship manager
- Implementation and onboarding assistant
- $0 same-day ACH payments, bill payments, and physical checks
- Lowest transaction fees
- $50 minimum opening deposit
- $20 monthly fee
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
- 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
- Advanced analytics and insights
- Inventory and customer management
- Track employee time cards and grant permission levels
Which is Better: NorthOne or Square?
In short: NorthOne's customer service is impressive.