Square vs Found
Square is a good credit card processor for low-volume businesses. How does it compare to Found? Read our comparison chart below.
Square has a low swipe fee of 2.6% + $0.15 per transaction with Square Free. 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.
While Found is a business banking account for the self-employed. It keeps track of write-offs, auto saves for taxes, and even makes your quarterly tax payments for you. Plus, you get free unlimited invoices. There's no monthly fee.
Compare Square with Found, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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| | Visit Site | Visit Site |
| SPECIAL OFFER Square Reader: Free Mobile Credit Card Reader - Learn MoreRead Square Review | SPECIAL OFFER Free Business Banking - Learn MoreRead Found Review |
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| | Benefits and Features |
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| Savings | | Only includes a Tax Savings Account with auto-save feature |
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| Checking | | No required monthly fees; no minimum balance fees; no overdraft fees |
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| Monthly Fee | $0 (Free), $49/mo (Plus), and $149/mo (Premium) | $0 |
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| Equipment | Card reader: $0 to $59; Stand, Terminal, and Register available for purchase | |
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| Cash Deposit Fee | | $2 |
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| Customer Service | Phone, Email, Live Chat Support, Seller Community | Monday – Friday 9am – 5pm PST |
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| Fraud Prevention Tools |  | |
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| Invoice Management |  | |
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| Recurring Billing |  | |
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| | CreditDonkey® Reviews |
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| Price |      | |
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| Equipment |      | |
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| Contract |      | |
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| Customer Service |      |      |
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| Ecommerce |      | |
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| High Volume Business |      | |
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| Low Volume Business |      | |
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| Savings | |      |
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| Minimum Deposit | |      |
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| Checking | |      |
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| Mobile App | |      |
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| Pros & Cons | Pros:- No monthly or annual fee
- Free swipe card reader
- Low, predictable flat rates
Cons:- Flat-rate pricing can be expensive for larger businesses
- 24/7 phone support only on Premium plan
- Advanced features require a paid plan
| Pros:- No required monthly fees
- Built-in tax tools
- Unlimited invoicing
Cons:- No free ATMs
- No APY with the free version
- Fee to deposit cash
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| Bottom Line | Good credit card processor for low-volume businesses... Read full review | Free business banking app with good tax tools, but lacks some basic features... Read full review |
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Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. |
- Pay 2.6% + 15¢ Per Swipe for Visa, Mastercard, Discover, and American Express
- Accept Credit Cards Anywhere
- Fast Setup, No Commitments
- Pay 2.6% + 15¢ per tap or dip for Visa, Mastercard, Discover, and American Express
- Accept Chip Cards and Contactless Payments Anywhere
- 2.6% + 15¢ per tap, dip, or swipe
- Fully integrated POS system with built-in receipt printer
- 5.5" display
- Banking, taxes, bookkeeping – all in one place
- Automatically find tax write-offs and save for taxes
- Track and categorize expenses with custom rules
- Free unlimited custom invoices
- Easy sign up; no credit check
Found is a financial technology company, not a bank. Banking services are provided by Lead Bank, Member FDIC. The funds in your account are FDIC-insured up to $250,000 per depositor for each account ownership category. FDIC insurance only covers the failure of an FDIC-insured depository institution. The Found Mastercard Business debit card is issued by Lead Bank pursuant to a license from Mastercard Inc. and may be used everywhere Mastercard debit cards are accepted.
- $0 monthly service fees or minimums
- Automatically find tax write-offs and track expenses
- Auto-save for taxes
- Photo receipt capture
- Free unlimited custom invoices
- Easy sign up; no credit check
Found is a financial technology company, not a bank. Banking services are provided by Lead Bank, Member FDIC. The funds in your account are FDIC-insured up to $250,000 per depositor for each account ownership category. FDIC insurance only covers the failure of an FDIC-insured depository institution. The Found Mastercard Business debit card is issued by Lead Bank pursuant to a license from Mastercard Inc. and may be used everywhere Mastercard debit cards are accepted.
- $19.99/month or $149.99/year
- Earn 1.5% APY on balances up to $20,000
- Auto-import expense from receipt
- Automatically find tax write-offs and track expenses
- Pay taxes directly from the app
- Free unlimited custom invoices
- Custom bookkeeping categories
- Priority customer support
Found is a financial technology company, not a bank. Banking services are provided by Lead Bank, Member FDIC. The funds in your account are FDIC-insured up to $250,000 per depositor for each account ownership category. FDIC insurance only covers the failure of an FDIC-insured depository institution. The Found Mastercard Business debit card is issued by Lead Bank pursuant to a license from Mastercard Inc. and may be used everywhere Mastercard debit cards are accepted.
DisclosuresFound's core features are free. Found also offers two optional paid products, Found Plus for $19.99 / month or $149.99 / year or Found Pro for $80 / month or $720 / year.
Which is Better: Square or Found?
Still need help deciding which business is better? Read the in-depth reviews below. You may also be interested in comparing Square or Stripe.
Articles on 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.
Explore a thorough review of Square's cost, security, and benefits for businesses. Find out if it's the right choice for you.
Square or Clover? Square or Shopify? Solve your POS dilemmas with this in-depth comparisons of top Square POS alternatives for small businesses.
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 is cheaper to get started, while Clover offers more flexibility. Which one is better for your small business? Find out how they compare.
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.
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 offers a free credit card reader. But there are transaction rates and processing fees you need to be aware of.
Is Square or PayPal better for your small business? Find out how they compare in pricing and features.
Articles on Found
Found Business Banking offers helpful tax and invoicing tools for self-employed people. But it lacks other basic features. Here's what you need to know.
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