Square vs Chase Payment Solutions: Cost and Fees Calculator
Enter your volumes to compare estimated monthly costs and fees for Square and Chase Payment Solutions across the selling types both offer, using published US pricing.
In-person card payments
Selling online (eCommerce)
Estimates combine processing fees and monthly subscriptions on the plans noted above. One-time hardware, setup, and add-ons are excluded. Rates are published or typical US pricing as of mid-2026 and may have changed.
How the Square vs Chase Payment Solutions calculator works, and how the two compare
Square is an all-in-one flat-rate payments company covering card readers, full POS systems, and online stores. Square charges 2.6% + $0.15 in person on its free plan (readers from $59, Square Terminal $299), and 3.3% + $0.30 online on the free plan; paid plans at $49 and $149 per month lower those rates. Chase Payment Solutions is the merchant services arm of the biggest US bank, with flat-rate processing and fast deposits into Chase accounts. Chase Payment Solutions charges 2.6% + $0.10 in person and 2.9% + $0.25 online with no monthly fee on its standard plan, and offers same-day deposits to Chase business accounts.
How they are similar: Where they overlap: both Square and Chase Payment Solutions cover taking card payments in person with a card reader or terminal and selling online, which is what this calculator compares. They also share the same commercial model: both operate as flat-rate card processing with published per-transaction fees. Neither requires a monthly subscription on the plans compared here, so your cost scales purely with sales. In both cases the bill is driven by a percentage of each sale plus any fixed per-transaction fee, which is why your average transaction size changes the effective rate as much as the headline percentage does.
How they differ: Only Square offers a full POS system, so that side of the business is not part of this comparison. Square is the strongest all-rounder: one account covers in-person, POS, invoices, and a free online store, with no monthly fee required to start. Chase's edge is banking integration: free same-day funding into Chase business checking and the backing of a major bank, though its software ecosystem is thinner than Square or Clover.
Assumptions used in this calculator
- Square is modeled on: 2.6% + $0.15 in person, free plan, $59 reader; 3.3% + $0.30 online on the free plan (2.9% + $0.30 on paid plans).
- Chase Payment Solutions is modeled on: 2.6% + $0.10 in person, card reader from around $49, no monthly fee; 2.9% + $0.25 online, no monthly fee on the standard plan.
- Rates are published or typical US pricing as of mid-2026 and change often; quote-based providers are modeled at representative rates. Always confirm current pricing with the provider.
- One-time hardware, setup, add-on apps, keyed-in transactions, international cards, and chargeback fees are excluded from the monthly figures.