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Square vs Lili


 SquareLili
 Visit SiteVisit Site
 

Square

Lili

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

Read Square Review

SPECIAL OFFER
Free Checking Account for Sole Proprietors and Single-Member LLC - Learn More

Read Lili Review

 

Benefits and Features

Savings Tax Bucket for all users; Lili Pro users also get an Emergency Bucket with 2.0% APY
Checking No monthly fees; no balance requirements; no overdraft fees; no foreign transaction fees
Customer ServicePhone, Email, Live Chat Support, Seller Community
Monday – Friday 9am – 7pm EST
EquipmentFree magstripe card reader; $59 for contactless + chip reader; Stand, Terminal, and Register available for purchase. 
Cash Deposit Fee 
$4.95
Monthly Fee
No monthly fees
$0
 

CreditDonkey® Reviews

 SquareLili
PriceStarStarStarStarEmpty Star
Customer ServiceStarStarStarEmpty StarEmpty StarStarStarStarStarEmpty Star
EquipmentStarStarStarStarStar
ContractStarStarStarStarStar
EcommerceStarStarStarStarEmpty Star
High Volume BusinessStarEmpty StarEmpty StarEmpty StarEmpty Star
Low Volume BusinessStarStarStarStarStar
SavingsStarStarStarEmpty StarEmpty Star
Minimum DepositStarStarStarStarStar
CheckingStarStarStarStarStar
Mobile AppStarStarStarStarHalf Star
FeesStarStarStarStarStar
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
Pros:
  • No monthly fees
  • Expense tracking
  • Save for taxes
Cons:
  • Best features only for Lili Pro
  • No checks
  • Fee to deposit cash
Bottom LineGood credit card processor for low-volume businesses... Read full reviewMixed-use account for single business owners to help manage expenses and taxes... 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.

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
Lili

Free Checking Account for Sole Proprietors and Single-Member LLC

  • Sign up in 3 minutes; no credit check
  • No account fees - $0 monthly fee, overdraft fee, foreign transaction fee, or ATM fees at 38,000+ locations
  • Auto save for taxes
  • Track write-offs with a swipe
  • Prefilled annual Schedule C
Banking services provided by Choice Financial Group, Member FDIC
Lili

Free Checking Account for Sole Proprietors and Single-Member LLC

  • $0 monthly service fees
  • $0 minimum opening deposit
  • No minimum balance requirement
  • No foreign exchange fee
  • Get direct deposits up to 2 days earlier
Banking services provided by Choice Financial Group, Member FDIC
Lili

Free Checking Account for Sole Proprietors and Single-Member LLC

  • $0 monthly service fees
  • Categorize and track business expenses
  • Save for taxes automatically
  • Get direct deposits up to 2 days earlier
  • No foreign transaction fees
Banking services provided by Choice Financial Group, Member FDIC

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

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.

Best Square POS Alternatives

Square is one of the best free POS for small businesses. Before you commit, see how it compares to alternatives like Clover, Shopify, and Lightspeed.

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.

Articles on Lili

Lili Review

Lili offers a free business checking account with tax planning and expense tracking tools. Review the features to find out if Lili is worth it.

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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