I am considering purchasing square but is there minimum purchase amount needed to use it?

[MayJune]

Can I sell something for $5 or $10 ?  Or is there a minimum amount I need in order to use square?

[Gold]

HI, hopefully these Square Support pages will help.

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

https://squareup.com/help/us/en/article/6109-fees-and-payments-faqs

https://squareup.com/help/us/en/article/5068-what-are-square-s-fees

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

[Candlestore]

@MayJune ;

There is a very small minimum you need for a Square transaction for a Credit Card sale, and that is $1.00 us.  Now as I pointed out in other posts, some retailers set their own minimum for Credit Card transactions because of the cost associated with the fees.  For example if you have a $1 credit card transaction and the 2.6% fee plus 0.10 would be 12.6 cents on that transaction or 12.6% fee not the advertised 2.6%.  Just keep that in mind.  So you would have to do your own type of math to see if You as the business owner may want to set a minimum Credit Card amount for a sale, something at about a $5 sale gets you close to the 2.6% fee including the .10.  $5 x2.6%+.10 would equal about a Square total fee of 23 cents or about 4.6% overall charge by Square.  At a $10 charge and the same 2.6% and .10 fee you would be closer to an effective rate of 3.6% or a 36 cent charge for Fees.   The more you charge on one transaction the lower your effective rate would be for Squares Fee overall.  This is true with most Credit Card Processors.