Square in 10 slides
Take card payments in person or online - free card reader, invoices, and an online store, popular with local services and small sellers.
- Payment platform
- Card processing platforms
- Based in Oakland, United States
What you do on Square
How the money is made: payment tool
- A client pays you
- Money lands in your account
- Convert if needed
- Withdraw to your bank
Take card payments in person or online - free card reader, invoices, and an online store, popular with local services and small sellers.
Founded 2009 · next to 19 other card processing platforms
Work and topics
What Square takes
Guess first: roughly how much of every $100 you earn does Square take?
2.6% plus 15 cents per in-person charge (US Free plan)
From the published fees, before payment-processing, currency or withdrawal charges (the $0.15 fixed part counted once). Work out your own amount →
How the money reaches you
From sign-up to payout
- Sign upFree
- Do the work
- Earnings clearFree next-business-day transfers
- First payoutNext business day
$25 for instant transfers, $1 for same-day, no stated minimum for standard next-business-d…
1 way to withdraw
- Bank transfer
Can you join?
Yes, if you are 18 or older and live in one of 8 countries.
You need a bank account. First payout: next business day.
What you need
- 18 or olderMinimum age
- A bank account
- Free to joinSign-up cost
Open in 8 countries
What people actually earn
More than 4.5 million sellers used the Square ecosystem in 2025, per Block's 2025 annual report on Form 10-K.
Source: sec.gov ↗How it scores
Strong on fees and track record. Weaker on getting paid.
- Fees4.5
- Getting paid2.3
- Access3.0
- Track record4.0
- Proof of earnings3.0
- Verified earnings
- Free to join
- Clear fees
- Low cut
- Top 10K website
- 10 years running
- Fully documented
Square against its peers
Guess: next to the 16 other card processing platforms that charge a percentage, is Square…
The cut of all 17 card processing platforms that charge a percentage
| Platform | Fee |
|---|---|
| Paystack | 1.5% |
| Midtrans | 1.8% |
| Xendit | 1.9% |
| Razorpay | 2% |
| Fawry | 2.1% |
| Braintree | 2.6% |
| Square | 2.6% |
| Paymob | 2.8% |
| Tap Payments | 2.8% |
| Yoco | 2.8% |
| Stripe | 2.9% |
| dLocal | 2.9% |
| PayMongo | 3% |
| Flutterwave | 3.1% |
| 2Checkout | 4.8% |
| Paddle | 5% |
| Lemon Squeezy | 5% |
- At 2.6%, Square sits near the middle — the median fee across the 17 card processing platforms we track that charge a percentage is 2.8%.
- Founded in 2009, Square has been running for about 17 years — longer than 13 of the 20 card processing platforms we track with a known launch year.
How much we know
We have 11 of the 17 things we track for every platform. Fees, payouts, join rules, countries and real earnings count most.
What we have
- What kind of platform it is
- Year founded
- Headquarters
- Fees
- Minimum payout
- How fast you get paid
- Withdrawal methods
- Join requirements
- Countries it accepts
- Real earnings figures
- Wikipedia or reference page
Still missing
- Plain-English overview
- Payment protection
- Review ratings
- Support channels
- Mobile apps
- Social accounts