Business
Invoicing, margin & GST calculators
Square Fee Calculator — Online & In-Person Net
Square charges 3.3% + $0.30 on a US online / invoice payment on the free plan — a rate that was raised from 2.9% on 13 January 2026, so older calculators that still show 2.9% now understate the fee. On a $100 online payment the fee is 100 × 3.3% + 0.30 = $3.60 and you net $96.40 (it was $3.20 / $96.80 before the increase). In-person tap/dip/swipe is cheaper at 2.6% + $0.15. The fee formula is fee = amount × pct + fixed and the net is amount − fee; gross up with charge = (target_net + fixed) / (1 − pct) to receive a target amount. Enter your amount to see the current fee and net. Free, no login.
Square US online / invoice rate: 3.3% + $0.30 (raised from 2.9% on 13-Jan-2026 — verify you use the new rate)
- Square in-person (tap/dip/swipe): 2.6% + $0.15; manually keyed: 3.5% + $0.15
- Fee formula: fee = amount × 0.033 + 0.30; net = amount − fee
- Worked example — $100 online payment (new rate): fee = 100 × 3.3% + 0.30 = $3.60, net = $96.40
- Pre-increase comparison: at the old 2.9% + $0.30 the same $100 netted $96.80 — the rise costs $0.40
- Gross-up: charge = (target_net + 0.30) / (1 − 0.033) to receive a target net exactly
- Paid plans (Plus $49/mo) cut the online rate to 2.9% + $0.30, paying off above ≈$12,250/mo volume
Frequently asked questions
What are Square fees on a $100 online payment?
On the free plan, Square charges 3.3% + $0.30 for online and invoice payments in the US. On $100 that is 100 × 3.3% + 0.30 = $3.60, so you receive $96.40. This rate was raised from 2.9% on 13 January 2026 — before that the same $100 netted $96.80, so any tool still showing 2.9% is out of date. In-person payments are cheaper at 2.6% + $0.15. Confirm the current schedule on Square's fees page before relying on a figure.
Did Square raise its fees?
Yes. Square raised its US online / invoice rate from 2.9% + $0.30 to 3.3% + $0.30, effective 13 January 2026, and its in-person fixed fee from $0.10 to $0.15 (2.6% + $0.15). The percentage change alone adds $0.40 to a $100 online sale ($96.80 → $96.40). This calculator uses the current post-increase rates; many incumbent calculators still show the old 2.9% figure, which understates what you actually pay.
Are these Square rates current?
The rates shown reflect Square's published US pricing as verified on 2026-07-04 (online 3.3% + $0.30 after the 13-Jan-2026 increase; in-person 2.6% + $0.15). Processor pricing changes without a fixed schedule, so always verify the current rate at the source (Square's fees page) before relying on it. Paid Square plans (Plus, Premium) reduce these rates and can pay off above a monthly volume threshold — see the break-even note.