← Back to Square
Compare
Square vs Tap Payments
Square and Tap Payments are both card processing platforms. On a $1,000 payment you keep about $973.85 on Square and $972.50 on Tap Payments, before withdrawal or currency-conversion costs.
Updated · from each platform’s published fees and payout terms · how we verify
Key differences
- On a $1,000 payment you keep about $973.85 on Square and $972.50 on Tap Payments, before withdrawal or currency-conversion costs.
- Both pay out via Bank transfer.
- Square is the older platform — founded in 2009, 4 years before Tap Payments (2013).
- Square is based in United States, Tap Payments in Kuwait.
Side by side
Square
Take card payments in person or online - free card reader, invoices, and an online store, popular with local s…
Visit
|
Tap Payments
A MENA payment gateway letting businesses accept cards and local methods across the Gulf.
Visit
|
|
|---|---|---|
| Type | Card processing like Stripe | Card processing like Stripe |
| Category | Payments | Payments |
| Vetted | No | No |
| Work from home | No | Yes |
| Fees | 2.6% plus 15 cents per in-person charge (US Free plan) | ~2.75% standard cards |
| Payout speed | Free next-business-day transfers | — |
| Withdraw via | Bank transfer | Bank transfer ~T+3 |
| Availability | US, Canada, UK, Australia, Japan, and more | United Arab Emirates, Saudi Arabia, Kuwait, Bahrain, Qatar, Oman, Egypt |
| Local to | — | Kuwait, Saudi Arabia, United Arab Emirates, Egypt |
| Founded | 2009 | 2013 |
| Headquarters | Oakland, United States | Kuwait City, Kuwait |
| Popularity | 40 views · 0 likes | 48 views · 0 likes |
Frequently asked questions
Which is cheaper, Square or Tap Payments?
On a $1,000 payment you keep about $973.85 on Square and $972.50 on Tap Payments, before withdrawal or currency-conversion costs.
Where are Square and Tap Payments available?
Square: US, Canada, UK, Australia, Japan, and more. Tap Payments: United Arab Emirates, Saudi Arabia, Kuwait, Bahrain, Qatar, Oman, Egypt.