Square vs Relay
Square is a good credit card processor for low-volume businesses. How does it compare to Relay? 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 Relay lets you open up to 20 individual business checking accounts and 50 debit cards at no extra charge. There's also free cash deposits and free mailed checks through the app. There's no monthly fee.
Compare Square with Relay, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 |  | |
| 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 | Card reader: $0 to $59; 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:
|
| 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 | |
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
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
Which is Better: Square or Relay?
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: Relay's customer service is notable.
Articles on Square
Alternatives to Square
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 Relay
Relay Financial Review
Relay Financial offers online banking services for businesses. Yes, it is free. But, is it the right platform for you? Find out.
Which Do You Think is Best?
You Might Also Like
Novo Review
Novo provides digital banking services for entrepreneurs and small businesses. Explore Novo's features, business perks, and fees in this review.
Best Business Checking Account
Cut banking costs and keep more money in your business. Here are the best business checking accounts (#1 is free).
Next Page: Square
