GrossupPayPal vs Stripe vs Square fees
To receive $1,000.00, invoice $1,030.18 on Stripe, $1,031.33 on a PayPal invoice paid by card, or $1,034.44 on a Square Free plan invoice. The table works out every rate for your amount.
Stripe US card: 2.9% + $0.30.
- Fees on this payment$30.18
- You receive$1,000.00
- Fees as a share of the invoice2.93%
Every rate at this amount
| Payment | Rate | Fee | You receive | Invoice |
|---|
The numbers, worked
Each processor publishes a percent plus a fixed fee per payment. The fixed fee weighs most on small invoices; the percent weighs most on large ones.
- Stripe US card (2.9% + $0.30): $1,030.18, a fee of $30.18
- Stripe Invoicing Starter, US card (3.3% + $0.30): $1,034.44, a fee of $34.44
- PayPal invoice, paid by card (2.99% + $0.49): $1,031.33, a fee of $31.33
- PayPal invoice, paid with PayPal or Venmo (3.49% + $0.49): $1,036.67, a fee of $36.67
- Square Free plan invoice (3.3% + $0.30): $1,034.44, a fee of $34.44
- Square Plus or Premium invoice (2.9% + $0.30): $1,030.18, a fee of $30.18
- Venmo business profile (1.9% + $0.10): $1,019.47, a fee of $19.47
These are the published rates for US payments in US dollars. International cards, currency conversion and other payment types cost more; each processor's own page has the rest.
Questions
Are these the only fees?
They are the per-payment fees each page lists for these payment types. Subscriptions, such as Square Plus or PayPal's invoicing subscription, cost extra and are not included.
Why do PayPal and Stripe differ on small invoices?
PayPal's fixed fee is $0.49 and Stripe's is $0.30. On $100.00, Stripe's fee is $3.20 and a PayPal invoice paid by card is $3.48.
Can I change the rates?
Yes. Pick any rate above, then edit the percent or the fixed fee to match your own account.
Related
- Grossup: what to invoice to receive any amount
- Stripe fee calculator
- PayPal invoice fee calculator
- Square invoice fee calculator
Sending this every month? The card fee invoice template puts the fee line on each invoice.