Square vs Lili

	Square	Lili

	Visit Site	Visit Site
	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		Emergency Bucket for all users; Lili Pro users also get an Emergency Bucket with 4.15% APY
Checking		No monthly fees; no balance requirements; no overdraft fees; no foreign transaction fees
Customer Service	Phone, Email, Live Chat Support, Seller Community	Monday – Friday 9am – 7pm EST
Equipment	Free magstripe card reader; $59 for contactless + chip reader; Stand, Terminal, and Register available for purchase.
Cash Deposit Fee		$4.95
Fraud Prevention Tools
Invoice Management
Recurring Billing
Monthly Fee	No monthly fees	$0
	CreditDonkey® Reviews

Price
Customer Service
Equipment
Contract
Ecommerce
High Volume Business
Low Volume Business
Savings
Minimum Deposit
Checking
Mobile App
Fees
Pros & Cons	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	Pros: No monthly fees Expense tracking Save for taxes Cons: Best features only for paid Lili plans No checks Fee to deposit cash
Bottom Line	Good credit card processor for low-volume businesses... Read full review	Mixed-use account for small business owners to help manage expenses and taxes... Read full review
	Visit Site	Visit Site
	Square Reader: Free Mobile Credit Card Reader Square Contactless and Chip Card Reader Square POS: Point of Sale System	Free Checking Account for Sole Proprietors and Single-Member LLC Lili Pro Business Checking
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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

Get Free 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

Learn More

Square POS: Point of Sale System

Advanced analytics and insights
Inventory and customer management
Track employee time cards and grant permission levels

Learn More

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
Automatic Savings
Get paid up to 2 days early

Banking services provided by Choice Financial Group, Member FDIC

Get Started

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

Get Started

Free Checking Account for Sole Proprietors and Single-Member LLC

$0 monthly service fees
Automatic Savings
Free withdrawals at 38k ATMs
Get direct deposits up to 2 days earlier
No foreign transaction fees

Banking services provided by Choice Financial Group, Member FDIC

Get Started

Articles on Square

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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.