Square vs Lili
Visit Site | Visit Site | |
Square | Lili | |
---|---|---|
Square Reader: Free Mobile Credit Card Reader - | Free Checking Account for Sole Proprietors and Single-Member LLC - | |
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 | |
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, Live Chat Support, Seller Community | |
Fraud Prevention Tools | ||
Invoice Management | ||
Recurring Billing | ||
CreditDonkey® Reviews | ||
Price | ||
Equipment | ||
Contract | ||
Customer Service | ||
Ecommerce | ||
High Volume Business | ||
Low Volume Business | ||
Savings | ||
Minimum Deposit | ||
Checking | ||
Fees | ||
Mobile App | ||
Pros & Cons | Pros:
| Pros:
|
Bottom Line | Good credit card processor for low-volume businesses... | Mixed-use account for small business owners to help manage expenses and taxes... |
Visit Site | Visit Site | |
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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
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
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
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
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