Costco Merchant Services vs Square
Costco Merchant Services is a payment processing solution offered through Elavon. How does it compare to Square? Read our comparison chart below.
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| Learn More | Visit Site | |
Costco Merchant Services | Square | |
|---|---|---|
Square Reader: Free Mobile Credit Card Reader - | ||
Benefits and Features | ||
| Monthly Fee | ||
| Good For | Mobile & small businesses with average transaction over $100 | |
| Equipment | Card reader: $0 to $59; Stand, Terminal, and Register available for purchase | |
| Accept International Payments | ||
| Customer Service | Phone, Email, Live Chat Support, Seller Community | |
| Fraud Prevention Tools |  | |
| Invoice Management | | |
| Pricing Model | ||
| Recurring Billing | | |
| ACH Payments | ||
| Swipe Rate |
| |
| Online Rate |
| |
| Keyed-in Transaction Fee | Flat-rate Pricing: 3.20% + $0.10 per transaction | |
| Deposit Time | Payments before 5PM PT / 8 PM ET is available the next business day | |
| Chargeback Fee | ||
CreditDonkey® Reviews | ||
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| Price |    | |
| Equipment | | |
| Contract | | |
| Customer Service | | |
| Ecommerce | | |
| High Volume Business | | |
| Low Volume Business | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Payment processing solution offered through Elavon... | Good credit card processor for low-volume businesses... |
| Learn More | Visit Site | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. | ||
Square Reader: Free Mobile Credit Card Reader
- Pay 2.6% + 10¢ Per Swipe for Visa, Mastercard, Discover, and American Express
- Accept Credit Cards Anywhere
- Fast Setup, No Commitments
Square Contactless and Chip Card Reader
- Pay 2.6% + 10¢ per tap or dip for Visa, Mastercard, Discover, and American Express
- Accept Chip Cards and Contactless Payments Anywhere
Square Terminal
- 2.6% + 10¢ per tap, dip, or swipe
- Fully integrated POS system with built-in receipt printer
- 5.5" display
Which is Better: Costco Merchant Services or Square?
Still need help deciding which merchant services is better? Read the in-depth reviews below. You may also be interested in comparing Costco Merchant Services or Payment Depot.
In short: Costco Merchant Services' high volume business is notable. Square's equipment, contract, and low volume business are impressive.
Articles on Costco Merchant Services
Costco Merchant Services Review
Before applying, get all the information about Costco Merchant Services' rates, features, benefits, and drawbacks.
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