Google Checkout vs. PayPal vs. Square. Which to chose? I was looking to implement some simple on-line and on-site sales transactions and chose the iPhone Square for simplicity and cost. Below you will find how each service compares on multiple sales metrics and how it breaks down per $100.
Google Checkout | https://checkout.google.com |
|
Monthly Sales | Fees Per Transaction | Fee on $100 |
Less than $3,000 | 2.9% + $0.30 | $3.20 |
$3,000 – $9,999.99 | 2.5% + $0.30 | $2.80 |
$10,000 – $99,999.99 | 2.2% + $0.30 | $2.50 |
$100,000 or more | 1.9% + $0.30 | $2.20 |
PayPal | https://www.paypal.com | |
Monthly Sales | Fees Per Transaction | Fee on $100 |
$0 to $3,000 | 2.9% + $0.30 | $3.20 |
$3,000+ to $10,000 | 2.5% + $0.30 | $2.80 |
$10,000+ | 2.2% + $0.30 | $2.50 |
Square | https://squareup.com | |
Monthly Sales | Fees Per Transaction | Fee on $100 |
Card Swipe | 2.75% | $2.75 |
Manually Enter Number | 3.5% + $0.15 | $3.65 |