Square Fee Calculator
Calculate in-person + online Square fees including hardware costs and effective rate.
Square charges 2.6% + $0.10 for in-person card payments and 2.9% + $0.30 for online/invoiced payments. Keyed-in (manual) transactions cost more. Hardware like the reader has upfront or monthly costs. This calculator helps you estimate total fees and net proceeds for your typical transaction mix.
Inputs
Results
Net received
Type a target net amount to reverse-calculate the required gross Square charge.
Fee
$1.40
Effective rate
2.80%
You keep
97.20%
Transaction type
In-person
Effective rate by transaction size
Fee vs Net breakdown
Insights
Formula
In-person: 2.6% + $0.10 Online: 2.9% + $0.30 Keyed-in: 3.5% + $0.15
Related Calculators
Input Definitions
What does each input mean?
- Transaction amount
- The dollar value of a single sale or charge. Use your average order value to estimate typical fees.
- Type
- In-person: card dipped/tapped at a reader (lowest rate). Online: e-commerce, invoiced, or card-on-file. Keyed-in: manually entered card number (highest rate).
Understanding What Square Actually Costs Your Business
Square is popular with retail shops, food vendors, and service providers because it’s easy to set up — but the fee structure varies depending on how you take payments. Swiped, keyed, online, and invoiced transactions all have different rates, and if you’re not pricing with those costs in mind, your margins are eroding transaction by transaction. This calculator gives you a clear view of Square’s fee impact across all the ways you actually get paid.
It’s most useful when you’re setting menu prices or service rates and need to ensure profitability after processing costs, when you’re comparing Square to Stripe or PayPal for a specific sales channel, or when you want to understand the cumulative monthly fee drag at your current volume. Know the number before you build your pricing — not after.