Guide to Square Alternatives: 2023 Edition
You’ve probably heard of Square, the credit card processing company that lets you take credit cards using your smartphone or tablet. What you may not know is that there are a lot of alternatives.
Square Capital Partners with Upserve
Square entered into the world of marketplace lending a little over two years ago through its Square Capital (Square Cap) program, offering funding to businesses that process credit card through Square. Square’s success with lending has led to a broadening of the program to include the first of several partner companies whose customers may now qualify for similar financial assistance.
Square’s Transaction Fees and Equipment Leasing
Payment processing company Square has built a reputation on offering simple, flat-rate credit card processing for small business. The well-publicized 2.75% rate was a good deal for businesses with small average transactions or low monthly credit card sales, but the company no longer offers that rate.
Square: Process for Free, Just Like Starbucks
You can have Square subsidize your credit card processing fees, just like Starbucks did. It’s just a matter of using Square’s overly simplified pricing to your advantage.
Square Review, Rates & Fees
Square credit card processing isn’t a good fit for every business. It’s best suited for individuals or businesses with low or sporadic sales volume or a low average sale amount.
Mobile Showdown: PayPal Here Vs. Square 2019
PayPal Here has taken the mobile payments market by storm with a smartphone processing solution that in several ways gets the better of the current market leader, Square.