Square Fee Calculator

A Square fee calculator helps you quickly estimate how much Square will charge you in transaction fees when you process payments. It provides accurate results for different transaction types, ensuring you know exactly what to expect regardless of the payment method.

Whether you’re using a Square reader, Square POS system, Square online, retail, or an online store, the calculator shows your net amount after fees, making it easier to plan your pricing and cash flow.

This Square fee calculator is designed to help you estimate your transaction fees based on your country, payment type, and transaction amount.

Here’s how it works:

1. Select Your Country — Choose the country where you’re processing payments. This sets the correct Square fee rates for your region.
2. Choose Payment Type — After selecting a country, pick the payment type (like in-person, online, or keyed-in). Square uses a different fee structure for each payment method, so each type may have its own rates and fees.
3. Enter Transaction Amount — Input the dollar amount you want to calculate.
4. Click “Calculate Fee” — Instantly see an estimate of the Square fee and how much you’ll receive after fees are deducted.

The Square fee is calculated using the following formula: the transaction amount is multiplied by a percentage fee, and then a fixed fee is added.

This tool provides quick, easy estimates so you can plan your pricing, understand your costs, and manage your cash flow more effectively. For the most accurate, up-to-date rates, always check the official Square Pricing page.

Square’s processing fees vary depending on:

• Card type (credit vs. debit)
• Transaction method (e.g., Square Reader, online payments, Square invoice)
• Country and business type

Each merchant pays a processing fee for every transaction, and understanding the total cost of payment processing is essential for accurate financial planning.

Using a Square fee calculator saves time, reduces manual error, and helps you understand your actual costs so you can set prices and track margins more effectively.

In the US, Square’s standard fee structure usually includes, depending on the transaction type:

• 2.6% + $0.15 per in-person credit card transaction (card-present, e.g., using Square Reader).
• 2.9% + $0.30 per online payment (eCommerce or card-not-present, e.g., through Square Online or Square Invoices).
• 3.5% + $0.15 per manually keyed-in payment (keyed in transactions, where card details are entered manually).

For example, if you process a $100 in-person credit card payment, the fee would be $2.60 + $0.15 = $2.75, so you would receive $97.25.

These rates can vary depending on your country or any custom agreement you have with Square. To see the most up-to-date and country-specific pricing, visit the official Square Pricing page.

Online transactions typically carry higher fraud risk and require additional security measures (like encryption and PCI compliance), which is why Square and other payment processors charge slightly higher fees for online or keyed-in payments compared to card-present transactions.

Sometimes, yes:

• Chargeback fees if a customer disputes a transaction.
• Hardware costs for Square devices.
• Third-party app fees if you integrate with other services.

The Square fee calculator focuses on standard processing fees but always check your full fee breakdown in your Square account.

While Square’s per-transaction fees are fixed, you can lower costs by:

• Prioritizing in-person card payments (lower fees)
• Avoiding manually entered transactions (higher fees)
• Reviewing if your business qualifies for custom pricing at higher volumes

SolveXia helps finance and operations teams automate the reconciliation, tracking, and reporting of Square transactions. Instead of manually downloading data, matching payments, and verifying fees, SolveXia integrates with Square (and other payment platforms) to:

• Automatically pull and process Square transaction data
• Match payments, fees, and deposits against your internal systems
• Reconcile exceptions like chargebacks, refunds, or partial payments
• Generate real-time dashboards and reports for visibility and audit readiness

This reduces manual effort, improves accuracy, and gives your team confidence that Square transactions are fully accounted for — without spending hours on spreadsheets.

Want to learn more? Explore our reconciliation solution to see how SolveXia can streamline your Square reconciliations.