Square RATES going up??

[katherine1]

I am getting solicited by credit card companies a lot lately.  Today they told me that it was well known in the community that Square processing rates are going up to 6%.    Has anyone else heard this and know if rates are going up soon?

[#2]

@FCbooster ;

Square Fees current charges according to their own website. 

https://squareup.com/us/en/payments/our-fees 

From my understanding the only fees that changed are the AFTERPAY fees.

[Goldneye]

HI, you can review the information on this Square Support page.  Charging 6% + 30 cents for Online Afterpay after July 29, 2022.

https://squareup.com/us/en/payments/pricing

[katherine1]

I have been told this  increase is not for after pay only.  Will all the rates increase in September?  The links information is not clear.

[Arie]

Only the Afterpay fee is changing in September, @katherine1.

[FCbooster]

What does limited time mean for in person rates?

[Gold]

HI, promo period for In Person expired September 10, 2022.  Now rate is 6% + 30 cents per transaction.

[Candlestore]

@FCbooster ;

Square Fees current charges according to their own website. 

https://squareup.com/us/en/payments/our-fees 

From my understanding the only fees that changed are the AFTERPAY fees.