Square vs Relay
Visit Site | Visit Site | |
Square | Relay | |
---|---|---|
Square Reader: Free Mobile Credit Card Reader - | No-Fee Business Checking - | |
Benefits and Features | ||
Savings | Earn up to 3% APY: Earn 1% APY on savings balances of less than $50,000, 1.5% APY on savings between $50,000 and $250,000, 2% APY on savings balances between $250,000 and $1,000,000 and 3% APY on savings balances of more than $1,000,000. | |
Checking | Up to 20 individual business checking accounts; no monthly fees; no overdraft fees | |
Monthly Fee | ||
Equipment | Free magstripe card reader; $59 for contactless + chip reader; Stand, Terminal, and Register available for purchase. | |
Cash Deposit Fee | $0 for cash deposits at Allpoint ATMs | |
Customer Service | Phone, Email, Live Chat Support, Seller Community | Phone: Monday - Friday, 9 am - 5 pm ET; Email: Everyday |
Fraud Prevention Tools | ||
Invoice Management | ||
Recurring Billing | ||
CreditDonkey® Reviews | ||
Price | ||
Equipment | ||
Contract | ||
Customer Service | ||
Ecommerce | ||
High Volume Business | ||
Low Volume Business | ||
Checking | ||
Fees | ||
Mobile App | ||
Pros & Cons | Pros:
| Pros:
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Bottom Line | Good credit card processor for low-volume businesses... | One of the best online business banking accounts for large teams... |
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
No-Fee Business Checking
- $0 monthly service fee
- $0 minimum opening deposit
- Open up to 20 individual business checking accounts
- Earn up to 3% APY with automated savings
- Issue up to 50 Visa® debit cards to your team