Square vs Relay

	Square	Relay

	Visit Site	Visit Site
	SPECIAL OFFER Square Reader: Free Mobile Credit Card Reader - Learn More Read Square Review	SPECIAL OFFER No-Fee Business Checking - Learn More Read Relay Review
	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
Customer Service	Phone, Email, Live Chat Support, Seller Community	Phone: Monday - Friday, 9 am - 5 pm ET; Email: Everyday
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
Fraud Prevention Tools
Invoice Management
Recurring Billing
Monthly Fee	No monthly fees	$0
	CreditDonkey® Reviews

Price
Customer Service
Equipment
Contract
Ecommerce
High Volume Business
Low Volume Business
Checking
Mobile App
Fees
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: Up to 20 checking accounts Up to 50 debit cards $0 monthly fee Earn interest with automated savings Cons: No paper checks
Bottom Line	Good credit card processor for low-volume businesses... Read full review	One of the best online business banking accounts for large teams... Read full review
	Visit Site	Visit Site
	Square Reader: Free Mobile Credit Card Reader Square Contactless and Chip Card Reader Square POS: Point of Sale System	No-Fee Business Checking
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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

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

Banking services provided by Thread Bank and Evolve Bank & Trust; Members FDIC.

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