Square Fee Calculator

This Square fee calculator helps you estimate how much Square keeps in processing fees and how much you actually receive on each USD payment. It also shows the minimum amount you should charge if you want to hit a specific net payout after Square fees. It’s built for local businesses, in-person sellers, pop-up shops, and service providers using Square for card-present or keyed payments.

1. Enter either the payment amount, the target net, or both

Start by adding the payment amount in USD in the “Customer pays” box. This is the total your customer pays through Square, whether that’s a tap, chip, swipe, or keyed-in sale. The calculator estimates the Square fees and shows the net payout in USD after those fees. If you already know how much you need to receive in your bank account, use the “You want to receive” box and the tool will calculate the minimum charge-to-net amount.

2. Use the default Square rate or adjust for your setup

The fee section uses a percentage fee plus fixed fee model. The defaults are 2.6% and $0.10 as a simple example for card-present pricing. If your Square account uses different rates for keyed transactions, online store orders, or special programs, overwrite the percentage and fixed fee fields and run the calculation again so the results match your reality.

3. Read the breakdown to check margins and fee %

In the results card you’ll see a headline number — either your net payout on the payment entered or the minimum amount to charge to hit your target net. Under that, the breakdown shows: customer pays, total Square fees, net to you, and the effective fee % as a share of the payment. That makes it easy to spot when small tickets or discounts are getting eaten up by processing costs.

4. Use it for pricing, packages, and “what if” comparisons

Use this Square fee calculator when you design new price lists, test bundles, or compare Square against other payment processors. Try running different scenarios: increase ticket size, tweak the fee percentage, or raise your target net to see how that impacts margins. The Copy summary button produces a clean text breakdown you can paste into email, a spreadsheet, or an internal note so staff and partners can see the same numbers.

Remember that the tool focuses on processing fees only. It does not account for chargebacks, hardware leases, subscription add-ons, or tax obligations. Always double-check final numbers in your Square dashboard and speak with your accountant before making bigger pricing or expansion decisions.

This calculator models Square as a combination of a percentage processing fee and a fixed fee per payment. Let G be the payment amount in USD the customer pays, r be the percentage fee as a decimal (for example 0.026 for 2.6%), and f be the fixed fee in USD (for example 0.10).

The total Square processing fee on a single payment is:

Square fees = G × r + f

The amount you receive after Square fees is:

Net payout = G − (G × r + f)

When you enter a target net amount instead, the calculator rearranges the equation to solve for the payment total. If N is the net you want to receive in USD, the minimum amount you must charge so that N is left after Square fees is:

Required charge = (N + f) ÷ (1 − r)

The effective fee rate shown in the results is simply Square fees ÷ payment amount expressed as a percentage. That lets you compare the real cost of different payment methods and decide whether to encourage larger tickets, adjust your prices, or steer customers toward lower-fee options.

• Square pricing overview – Official information on Square’s processing rates, hardware, and software plans.
• Square fees and charges explained – Help center article with examples of how Square applies card-present and online processing fees.