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Square vs National Processing

Square is a good credit card processor for low-volume businesses. How does it compare to National Processing? Read our comparison chart below.

 SquareNational Processing
 Visit SiteVisit Site
 

Square

National Processing

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

Read Square Review

SPECIAL OFFER
Start Processing Payments Today - Learn More

Read National Processing Review

 

Benefits and Features

Customer ServicePhone, Email, Live Chat Support, Seller Community
Phone, email, live chat
Good ForMobile & small businesses with average transaction over $100Small-medium businesses processing $5,000+ per month; Restaurants
EquipmentFree magstripe card reader; $49 for contactless + chip reader; Stand, Terminal, and Register available for purchase.Card readers, terminals, and POS systems from Clover, SwipeSimple, Dejavoo, and Verifone; Mobile processing; Online gateway; ACH payments
Pricing Model
Flat rate
Interchange-Plus; Subscription available for high-volume businesses
ACH Payments
1% ($1 minimum)
 
Swipe Rate
2.6% + 10¢
  • Retail: Interchange + 0.18% + 10¢
  • Restaurants: Interchange + 0.14% + 7¢
Online Rate
2.9% + 30¢
Interchange + 0.29% + 15¢
Monthly Fee
No monthly fees
  • $9.95/mo for Interchange-Plus plans
  • Subscription plans are $59/mo or $199/mo
Keyed-in Transaction Fee
3.5% + 15¢
 
Deposit TimePayments before 5PM PT / 8 PM ET is available the next business day
Next day funding
Chargeback Fee
None
$15
 

CreditDonkey® Reviews

 SquareNational Processing
PriceStarStarStarStarEmpty StarStarStarStarStarStar
Customer ServiceStarStarStarEmpty StarEmpty StarStarStarStarStarEmpty Star
EquipmentStarStarStarStarStarStarStarStarStarEmpty Star
ContractStarStarStarStarStarStarStarStarStarEmpty Star
EcommerceStarStarStarStarEmpty StarStarStarStarStarEmpty Star
High Volume BusinessStarEmpty StarEmpty StarEmpty StarEmpty StarStarStarStarStarStar
Low Volume BusinessStarStarStarStarStarStarStarStarStarEmpty Star
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:
  • Low interchange-plus rates
  • Free equipment available
  • Dedicated account manager
Cons:
  • Conditions to waive termination fee
  • Free equipment has cancellation fee
Bottom LineGood credit card processor for low-volume businesses... Read full reviewProvider worth considering if lowest processing rates is your biggest priority... Read full review
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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
National Processing

Start Processing Payments Today

  • Free Reprogram of Existing Equipment
  • Free Gateway Setup
  • Free Mobile Reader
National Processing

Free Mobile Swiper

Get approved for a new merchant account and get a free SwipeSimple mobile swiper

Which is Better: Square or National Processing?

Still need help deciding which merchant services is better? Read the in-depth reviews below. You may also be interested in comparing Square or Payline.

In short: Square's equipment, contract, and low volume business are impressive. National Processing's price, customer service, and high volume business are worth mentioning. In particular, the price and high volume business are impressive.


Articles on Square

Square

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 Payroll Review

Square Payroll is one of the cheapest payroll services, starting at $5 per payee per month. Read on to see if it's a good fit for your business.

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 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.

What is Square

Square offers mobile payment processing and a full POS for businesses. But is it good? Find out if the credit card processor is right for you.

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.

Stripe vs Square

What's better: Square or Stripe? Depends if you have an online business or physical store. Review fees, payment gateways, and integrations to help you decide.

Articles on National Processing

National Processing Review

National Processing offers low rates and free equipment. But what's the catch? See if this low-cost merchant services provider is right for your business.

Which Do You Think is Best?





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About CreditDonkey
CreditDonkey is a credit card processing comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

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.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

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