Square Fees Calculator

When accepting payments through Square, understanding the fees associated with each transaction is crucial for managing your business finances. Our Square Fees Calculator helps you estimate how much you’ll pay in processing fees based on payment method, card type, transaction volume, and other factors.

How to Use the Square Fees Calculator

1. Enter Transaction Amount – Input the base amount before taxes or tips.

2. Select Payment Method – Choose whether the payment is card-present (swiped/tapped), card-not-present (online/manual entry), invoice, gift card, or ACH transfer.

3. Choose Card Type – Fees vary depending on whether the payment is processed via Visa/Mastercard, American Express, Discover, debit, or premium rewards cards.

4. Set Monthly Transaction Volume – Higher volumes may qualify for discounted rates.

5. Adjust Additional Options – Include sales tax, tips, or estimated refund rates for more accurate calculations.

6. Click “Calculate Square Fees” – View the total fees, amount received, and effective fee rate.

Understanding Square’s Fee Structure

Square charges a percentage-based fee plus a fixed fee per transaction. The exact rate depends on:

• Payment Method: Card-not-present transactions (2.9% + $0.30)typicallycostmorethancard-presenttransactions(2.6$0.10).

• Card Type: Premium cards (like American Express) may incur higher fees.

• Transaction Volume: Businesses processing over $50,000/month may negotiate lower rates.

• Subscription Plans: Square Plus or Premium plans can reduce per-transaction costs.

Why Use This Calculator?

• Accurate Cost Projections – Avoid surprises by estimating fees before processing payments.

• Compare Payment Methods – See how different transaction types affect your bottom line.

• Optimize Pricing Strategy – Adjust pricing to account for processing fees.