Suqare Review 2025

Square - Accept payments quickly, easily, and securely

Average annual premium

$432–$756

Contractors

10,000 in-network

Service call fee

$60-$75

Is Square Worth Signing Up For?

Square offers a versatile, all-in-one POS solution ideal for small to mid-sized businesses. With no monthly fees, it provides a range of hardware options and software features to streamline sales, manage inventory, and enhance customer engagement.


What Does Square Include?

Square's POS system encompasses a comprehensive suite of features:

  • Free POS software with no setup or monthly fees
  • Support for various payment methods: credit/debit cards, NFC, and mobile wallets
  • Inventory and sales tracking across multiple locations
  • Customer relationship management tools, including loyalty programs
  • Integration with Square Online for eCommerce capabilities
  • Detailed analytics and reporting dashboards
  • Employee management with time tracking and permissions
  • Invoicing and appointment scheduling functionalities

Pros & Cons

  • Check Icon No monthly or setup fees
  • Check Icon User-friendly interface suitable for various business types
  • Check Icon Comprehensive feature set including inventory and customer management
  • Check Icon Flexible hardware options to fit different business needs
  • Cancel Icon Rates increase for keyed-in transactions

Square at a Glance

Excellent
9.8

Editorial Score

9.5

Robust, user-friendly POS system with comprehensive features for small businesses

Low Rates

8.0

Standard processing rate of 2.6% + $0.10 per in-person transaction

Low Fees

10.0

No monthly or setup fees; pay only per transaction

Payment Services

9.0

Supports in-person, online, and manual payment processing

Additional Benefits

9.5

Includes inventory management, customer loyalty programs, and online store integration

Customer Support

9.0

Access to phone and email support, plus a comprehensive online help center

Square Plan Pricing

Expense Type Cost
Square Reader (magstripe) Free
Square Reader (contactless and chip) $59
Square Stand $149 or $14/month for 12 months
Square Terminal $299 or $27/month for 12 months
Square Register $799 or $39/month for 24 months
In-Person Processing Fee 2.6% + $0.10 per transaction
Online Processing Fee 2.9% + $0.30 per transaction
Manual Entry Fee 3.5% + $0.15 per transaction

FAQs

How do I sign up with Square?

Visit Square's website, create a free account, and start accepting payments immediately. Hardware can be ordered online or purchased at select retailers.

What hardware options does Square offer?

Square provides a range of hardware including the Square Reader, Stand, Terminal, and Register to accommodate various business needs.

Does Square support loyalty programs?

Yes, Square offers integrated customer loyalty programs to help businesses retain and reward their customers.