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processing fees

When I add up total processing fees that are coming out of my account, the total is about 6%. There is broken down between square fees and Aa fees. What are the Aa fees? Thanks!!

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Square Champion

@robinperdue Not sure what you are referring to as "Aa" fees.  But the fee structure for square includes a % and a transaction fee.  The transaction fee varies from in person to online orders and if you do a keyed entry with the card not present etc.

 

On your daily report that gets e-mailed to you, you can see an "effective rate" that breaks that down to you.  The percentage will be higher if your transaction amount is lower... i.e. 7$ average transaction versus a $70 average transaction amount.

 

Also, don't forget there are fees for instant cash transfers if you use that option.  

 

Here is a link to a comprehensive article:

Square processing fees 

Donnie
Multi-Unit Manager
Order Up Cafe/Tombras Cafe/Riverview Cafe/City County Cafe
Roddy Vending Company, Inc.
www.OrderUpCafe.com

Using Square since July, 2017
Square Champion
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Fee Source
Here is an example
Here is an  example of Aa fees
Fees
Square
$12.19
Aa
$10.00
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