JPMorgan Chase vs Square
Square scores higher overall (81 vs 70), but the right choice depends on your size and card mix. The best starting point in payments — unbeatable free tooling and effortless setup, at a flat rate you will eventually outgrow.
Updated 2026-08-07JPMorgan Chase
Bank-grade acquiring with same-day deposits to Chase accounts
70/ 100
2.9Merchant Score
- Pricing
- 3.7
- Features
- 3.4
- Ease of use
- 3.3
- Customer support
- 3.6
- User reviews
- 3.1
- Pricing model
- Quote-based / interchange-plus
- Headline rate
- 2.6% + $0.10
- Monthly fee
- $15/mo
- Contract
- Negotiated; month-to-month available
- Payouts
- Same day to Chase accounts
- Hardware
- Purchased or leased
Strong fit for
- Merchants already banking with Chase
- Businesses that value cash flow and stability
- Volume merchants ready to negotiate
Square
Flat-rate simplicity with free POS software
81/ 100
4.4Merchant Score
- Pricing
- 3.5
- Features
- 4.5
- Ease of use
- 4.8
- Customer support
- 3.3
- User reviews
- 4.0
- Pricing model
- Flat rate
- Headline rate
- 3.3% + $0.30 online · 2.6% + $0.15 in person
- Monthly fee
- None
- Contract
- None — month to month
- Payouts
- 1-2 business days
- Hardware
- Reader free, terminal $299
Strong fit for
- New businesses taking their first card payment
- Sellers under ~$10k/month who value predictability
- Pop-ups, markets, and mobile sellers
Which one is cheaper for your business?
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