Square vs Novo

	Square	Novo


	SPECIAL OFFER Square Reader: Free Mobile Credit Card Reader - Learn More Read Square Review	SPECIAL OFFER Free Business Checking - Learn More Read Novo Review
	Benefits and Features
Savings		No savings account, but you add up to 10 Reserves
Checking		No monthly fees; no balance requirements
Customer Service	Phone, Email, Live Chat Support, Seller Community	Phone, email, or in-app messaging: Monday - Friday, 9 am - 6 pm EST
Equipment	Free magstripe card reader; $59 for contactless + chip reader; Stand, Terminal, and Register available for purchase.
Cash Deposit Fee		N/A
Monthly Fee	No monthly fees	$0
	CreditDonkey® Reviews

Price
Customer Service
Equipment
Contract
Ecommerce
High Volume Business
Low Volume Business
Savings
Checking
Mobile App
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 Unlimited ATM refunds Lots of software integrations Cons: No cash deposits Can't send wires
Bottom Line	Good credit card processor for low-volume businesses... Read full review	Fee-free online business checking with lots of good features... Read full review

	Square Reader: Free Mobile Credit Card Reader Square Contactless and Chip Card Reader Square POS: Point of Sale System	Free Business Checking Free Business Checking Novo Boost (available for payments processed via Stripe)
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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 Business Checking

$0 monthly service fee
$50 deposit to unlock all features
Unlimited ATM fee rebates

Banking services provided by Middlesex Federal Savings F.A., Member FDIC

Learn More

Free Business Checking

$0 monthly service fee
Unlimited ATM fee rebates
Free ACHs, incoming wires, and mailed checks
Up to 10 Reserves to manage multiple budgets
Thousands of app integrations

Banking services provided by Middlesex Federal Savings F.A., Member FDIC

Learn More

Novo Boost (available for payments processed via Stripe)

Get paid faster and speed up cash flow
Access funds in hours instead of days
Connect with 50+ tools to help grow your business

Learn More

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

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

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Square vs Stripe vs Paypal

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Square vs Clover

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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.