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PayPal vs Square


 Square
 Learn MoreVisit Site
 

PayPal

Square

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

Read Square Review

 

Benefits and Features

Customer ServicePhone, Email, Live Chat Support, PayPal CommunityPhone, Email, Live Chat Support, Seller Community
Good ForAccepting Paypal payments; Small businesses with average transaction under $100Mobile & small businesses with average transaction over $100
EquipmentPOS (Chip, Swipe, Tap), Marketplaces & Partners, Invoicing, Online ProcessingFree magstripe card reader; $49 for contactless + chip reader; Stand, Terminal, and Register available for purchase.
Pricing Model
Flat rate
Flat rate
ACH Payments 
1% ($1 minimum)
Swipe Rate
2.7%
2.6% + 10¢
Online Rate
2.9% + 30¢
2.9% + 30¢
Monthly FeeNo monthly fees; $30/month for PayPal Payments Pro
No monthly fees
Keyed-in Transaction Fee
3.5% + 15¢
3.5% + 15¢
Deposit TimeInstant access to the funds in your PayPal account; Or instant deposit to your bank account for 1% fee or 1-2 business days for no feePayments before 5PM PT / 8 PM ET is available the next business day
Chargeback Fee
$20
None
 

CreditDonkey® Reviews

 Square
PriceStarStarStarStarEmpty Star
Customer ServiceStarStarStarEmpty StarEmpty Star
EquipmentStarStarStarStarStar
ContractStarStarStarStarStar
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
 Learn MoreVisit Site

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

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

Articles on Square

Alternatives to Square

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

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.

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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