Square vs Lili
Square is a good credit card processor for low-volume businesses. How does it compare to Lili? Read our comparison chart below.
Square has a low swipe fee of 2.6% + $0.10 per transaction. 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 Lili is designed for sole proprietors and single-member LLCs. It helps you prepare for taxes with a write-off tracker, automated tax savings, and pre-filled tax forms. The Lili basic account has no monthly fees or minimums.
Compare Square with Lili, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 |  | |
| Visit Site | Visit Site | |
Square | Lili | |
|---|---|---|
Square Reader: Free Mobile Credit Card Reader - | Free Checking Account for Small Business Owners - | |
Benefits and Features | ||
| Savings | Emergency Bucket for Lili Basic users; Lili Pro users get Savings with 3.00% APY on balances up to $1,000,000 | |
| Checking | No monthly fees; no balance requirements; no overdraft fees; no foreign transaction fees | |
| Monthly Fee | ||
| Equipment | Card reader: $0 to $59; 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 | |
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
- 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 Terminal
- 2.6% + 10¢ per tap, dip, or swipe
- Fully integrated POS system with built-in receipt printer
- 5.5" display
Free Checking Account for Small Business Owners
- Sign up in 3 minutes; no credit check
- No account fees - $0 monthly fee, overdraft fee, foreign transaction fee, or ATM fees at approximately 40,000 locations
- Automatic Savings
- Get paid up to 2 days early
Free Checking Account for Small Business Owners
- $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 Small Business Owners
- $0 monthly service fees
- Automatic Savings
- Free withdrawals at approximately 40,000 ATMs
- Get direct deposits up to 2 days earlier
- No foreign transaction fees
Which is Better: Square or Lili?
Still need help deciding which business card is better? Read the in-depth reviews below. You may also be interested in comparing Square or Stripe.
In short: Lili's customer service is worth mentioning.
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
Explore a thorough review of Square's cost, security, and benefits for businesses. Find out if it's the right choice for you.
Best Square POS Alternatives
Square or Clover? Square or Shopify? Solve your POS dilemmas with this in-depth comparisons of top Square POS alternatives for small businesses.
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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