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Surprisingly they have not encroached much on each other’s business, particularly Square moving very slowly into card-not-present.
by pbreit 5y ago
Surprisingly they have not encroached much on each other’s business, particularly Square moving very slowly into card-not-present.
- posguy 5y agoSquare's 3.5% + $0.30 transaction fee for card not present transactions is significantly higher than Stripe's 2.9% + $0.30 transaction fee.
- tdeck 5y agoNot sure where that pricing comes from. I believe Square's payments API is priced the same as Stripe (I'm sure that's not an accident): https://squareup.com/us/en/townsquare/payment-api https://squareup.com/us/en/townsquare/payment-api > Square’s payment APIs are free to integrate into your software. For online sales, the only cost is 2.9% + 30¢ per payment transaction. Sales made with Square’s POS app are charged at our standard fees: 2.6% + 10¢ per swipe, chip card dip, or NFC payment. Manually entered transactions are charged at 3.5% + 15¢.