Square Online Payment Processing Fee Calculator
Simulate web order deductions for online stores and digital payments processed through Square Online (2.9% + $0.30).
Parameters & Config
Gross transaction amount billed to your customer
Percentage processing surcharge applied to gross order value
Per-transaction flat fee deducted by the platform
Cost of goods sold or fulfillment expense (Set to 0 for digital/software products)
Net earnings cleared into your bank account after all platform & gateway deductions
Cumulative fee deducted by platform and payment network
Key Metrics & Sub-Totals
3 itemsCalculation Summary & Unit Breakdown
| Metric | Calculated Value | Notes / Logic |
|---|---|---|
| Gross Transaction Charge | $80.00 | - |
| Percentage Processing Fee | $2.32 | 2.9% |
| Fixed Transaction Surcharge | $0.30 | - |
| Total Deducted Fees | $2.62 | - |
| Product / Service Cost (COGS) | $0.00 | - |
| Net Take-Home Revenue | $77.38 | - |
| Net Profit Margin | 96.72% | - |
| Break-Even Sales Price | $0.31 | Zero loss minimum price |
| Required Charge to Clear $100 Net | $103.30 | Reverse payout target |
Overview & Methodology
For online store orders, Square Invoices, and payments collected via the Square Payment API, Square assesses an online processing rate of 2.9% + $0.30 per transaction.
Mathematical Formulation
Square Online Fee = (Order Total × 0.029) + $0.30. Net Merchant Payout = Order Total - Square Online Fee.Optimization Best Practices
Synchronize online and in-person inventory seamlessly through the unified Square dashboard to avoid overselling.
Square Online features a free tier that allows selling online with no monthly subscription, paying only transaction fees.
Use Square Pay to enable one-click checkout across the network of millions of Square shoppers.
Frequently Asked Questions
Q.How much is deducted on a $100 Square Online order?
Square deducts $3.20 ($2.90 + $0.30), resulting in a net payout of $96.80.
Q.What is the fee for Square Online Premium subscribers?
Square Premium ($79/mo) drops online transaction fees to 2.6% + $0.30.
Q.Can customers pay online with Apple Pay via Square?
Yes. Apple Pay and Google Pay are natively integrated into Square Online checkout pages.