Square POS vs. Stripe Payments

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Square POS
Score 9.2 out of 10
N/A
Square POS is a point-of-sale software solution with features such as accept credit cards with your iPhone, Android, and iPad along with the flexibility to accept credit card payments anywhere, from Square headquartered in San Francisco, California.
$10
per each additional reader; first reader free
Stripe Payments
Score 8.9 out of 10
N/A
Stripe is a payment gateway software solution which supports a range of payment related needs such as subscription management and recurrent billing via Stripe Billing, integration with third party payment services via the Stripe Connect API, assistance starting an Internet business which accepts payements via Stripe Atlas, fraud prevention via Stripe Radar, and payment analytics via Stripe Sigma. Additional features and modules include Stripe Issuing, which allows users to create,…
$0.02
per charge
Pricing
Square POSStripe Payments
Editions & Modules
Each Transaction
2.6% + $0.10
per transaction
Square Reader for magstripe
$10
per each additional reader; first reader free
Square Stand for contactless and chip
$16
per month
Square Terminal
$27
per month
Square Register
$39
per 24 months
Square Reader for contactless and chip
$49
per reader
Square Point of Sale
Free
Sigma
$0.02
per charge
Radar
$0.05
per screened transaction
Issuing
$0.10
per virtual card
Terminal
2.7% + 0.05
per successful charge
Integrated
2.9% + 0.30
per successful charge
Atlass
$500
one-time fee
Premium Support
1,800
per month
Customized
Contact sales team
Offerings
Pricing Offerings
Square POSStripe Payments
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Square POSStripe Payments
Considered Both Products
Square POS
Chose Square POS
I have found Square to be quite reliable and easy to use. The reports that Square has to offer where you can check your sales daily, weekly, or monthly is also a positive perk. The feature that you can create an invoice or estimate on the spot and email or text it helps to …
Chose Square POS
Having used a manual cash register and a very expensive and robotic card payments processor (Global Payments which was partnered to our business bank, HSBC), we knew we wanted something that would cover both cash and card transactions, and integrate with our website.

Izettle …
Chose Square POS
When we first looked for a POS system, we compared it to the merchant services offered by our bank. Square was way more affordable and easy to use. Since then, as other systems have developed, we have looked into them but never found reason to switch. While PayPal offered …
Stripe Payments
Chose Stripe Payments
We use Square for point of sale payments but we only use that occasionally if we are at an expo or similar. I have also used a credit card service from our bank but it was several years ago and it was technologically slow and expensive. Stripe is easier to use and reasonably …
Chose Stripe Payments
Heartland is not even a comparison. I used Heartland for about five years. Customer service was non-existent, the technology was terrible. Stripe is in a league of its own when it comes to credit card processing and its abilities to assist you in just about anything you need …
Chose Stripe Payments
I didn’t use Square for very long. I was charging customers for a direct sales company and that was fine. But now that I have my own website and many products to manage, I needed a company that could help me manage my customers and collect payments from out of the country. I …
Chose Stripe Payments
We used to use Square, but they couldn't compete with Stripe's rates. Also, Give Lively only uses Stripe, so we decided to simplify our systems and use one processor.
Chose Stripe Payments
Stripe is significantly easier to integrate with than all other payment processors. We have integrations with Authorize.Net & CyberSource, but their support is extremely poor when compared with Stripe. We have an integration with PayPal as well, but have effectively deprecated …
Chose Stripe Payments
Where Stripe takes around a week to deposit funds, Square does this the following day and there is an option to have funds sent same day (at a charge). As our average order price level is under £50 and is often under £20, the cost per transaction for us with Stripe is also …
Features
Square POSStripe Payments
Payment Gateways
Comparison of Payment Gateways features of Product A and Product B
Square POS
-
Ratings
Stripe Payments
7.9
8 Ratings
9% above category average
Fraud Detection00 Ratings7.98 Ratings
API or SDK00 Ratings8.48 Ratings
Recurring Payment Support00 Ratings7.28 Ratings
Billing and Invoicing Support00 Ratings8.28 Ratings
Global Support00 Ratings8.17 Ratings
Payment Form Acceptance00 Ratings7.77 Ratings
Best Alternatives
Square POSStripe Payments
Small Businesses
Shopify
Shopify
Score 8.8 out of 10
Apple Pay
Apple Pay
Score 8.8 out of 10
Medium-sized Companies
Epicor Eagle
Epicor Eagle
Score 8.0 out of 10
Apple Pay
Apple Pay
Score 8.8 out of 10
Enterprises

No answers on this topic

Adyen
Adyen
Score 8.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Square POSStripe Payments
Likelihood to Recommend
9.2
(61 ratings)
8.9
(85 ratings)
Likelihood to Renew
10.0
(2 ratings)
10.0
(3 ratings)
Usability
9.0
(11 ratings)
8.3
(7 ratings)
Support Rating
8.7
(18 ratings)
10.0
(16 ratings)
Implementation Rating
-
(0 ratings)
10.0
(1 ratings)
User Testimonials
Square POSStripe Payments
Likelihood to Recommend
Block, Inc (Square)
Square POS is by far the easiest POS software to use at events and train additional team members on - even with temporary or first-time employees. It's easy to see how each event is doing in live time. It gives the event manager a real-time view of revenue earned. Its really easy to create/manage/delete users to keep the platform secure.
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Stripe
We had a client who wanted a QR to use in their marketing, which enabled their clients to donate to us. It was so useful to be able to set it up, and we can track the views and donations received using this code. Another client with issues with our website wanted to set up a monthly subscription, so I sent her a payment link, which worked brilliantly. For clients that want to make one-time donations, it also lets the client choose the amount. The only scenario where we haven't been able to help is when clients want to change the card associated with the payment - whilst we understand it is for security/gdpr, it means they have to cancel and set up something new, which poses the danger that we may lose them as a customer.
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Pros
Block, Inc (Square)
  • Mobile transactions (not like from a phone, but in terms of the ability to physically relocate rapidly).
  • Simple setup.
  • Generally uncomplicated pricing.
  • Widespread customer familiarity: because it's so regularly in use in our industry (musicians/entertainment professionals), people know and trust it in a way that you might not with a different provider.
Read full review
Stripe
  • They are reliable. I can count on everything going smoothly with transactions.
  • They are accurate. I don’t run into problems with collecting the proper amounts or being overcharged for fees.
  • They have good customer service. If I have a question about the customer portal or a problem with a customer, they help me resolve these issues.
Read full review
Cons
Block, Inc (Square)
  • Too much going on for simple users. There are so many different apps and pages now that I get lost almost every time I log onto Square
  • The high percentage of fees taken from sales
  • The difficulty in changing default settings
  • The layout of the “website” you can create is truly a nightmare
Read full review
Stripe
  • It would be nice to be able to see my Shopify payments from my main payment gateway. I currently have to go to Shopify for that.
  • The ability to be able to offer discounted rates at a smaller threshold would be nice.
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Likelihood to Renew
Block, Inc (Square)
I don't really foresee anything being able to dislodge Square from our organization—we're not evangelists or anything like that—it's just the best solution we've found for our use case. Being able to quickly handle transactions from customers and then track all of those sales for analysis/bookkeeping later on.
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Stripe
Stripe is the leader in the industry when it comes to any type of industry. All that is needed is a plan and then implementing that plan either with a developer, or through the help of Stripe's customer service team to assist in getting you setup. The ease of use time it takes to get up and running is second to none
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Usability
Block, Inc (Square)
We find Square POS is very user friendly. Its interface is customizable to our needs and very easy to use. Before we adopted Square POS, we used a combination of solutions from different manufacturer to try and achieve a portion of the functionality that Square POS provides under only 1 login
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Stripe
Stripe offers a very easy-to-navigate platform with many different functions. From linking it to our website and accounting platform to tracking our payments, being able to issue a refund quickly if required, and setting up QR codes and payment links for subscriptions or one-time donations, it really covers so many aspects that we need and use on a weekly and monthly basis.
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Support Rating
Block, Inc (Square)
An admission - I have NEVER had to use Square POS support. The system is seamless, it just works! I have never had any queries about how the system worked as everything is so clearly laid out. I have never had any problems with payments. If their support systems are anywhere near as good as their software, I think we'll be in good hands.
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Stripe
Stripe's support is nearly perfect – great attention to detail, fast response times, and a willingness to really dig into issues and get to the bottom of them. In the five years we've been using Stripe, the only negative thing I can say about their customer support is that it seems like there has been a slight shift to less technical front-line support agents, which means it's more likely your issue will have to be escalated before you get more information. This, however, has happened as Stripe rolled out more real-time support features like call and chat, and that really isn't workable if you're escalating everything right off the bat. It's absolutely an acceptable trade-off.
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Implementation Rating
Block, Inc (Square)
No answers on this topic
Stripe
It took less than an hour to have everything setup and running
Read full review
Alternatives Considered
Block, Inc (Square)
We only used Square POS while we were getting set up with Authorize.Net. It isn't as flashy or recognized by the general public, but in our industry, that isn't a priority. We do very large transactions so the higher rates and fees from Square add up insanely quickly making the lower rates and fees from Authorize.Net the nail in Square's coffin for us.
Read full review
Stripe
Stripe is easier to use and offers better support and rates. My favorite part with Stripe is probably their ready-to-use plug-in that's offered for me. We have multiple eCommerce stores and we rely on our payment process going smoothly. The plug-in from Stripe is free, constantly updated, secure, and very easy to implement.
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Return on Investment
Block, Inc (Square)
  • The opportunity cost of waiting for payments and manually bringing them to a bank means that we don't have to visit our bank branch. That alone saves us several hours each month.
  • We can use ordinary computers and mobile devices with Square instead of paying for expensive software or terminals.
  • Our clients appreciate not having to process payments to us, and anything that helps our clients and makes them happy carries more import than I can explain in this space.
Read full review
Stripe
  • It makes getting money from your clients really easy
  • It gives your clients the guarantee that their payment information is totally secure and confidentially used and kept
  • It is very easy to integrate with online assets of the company
  • In a couple of occasions, some companies have wanted me to use Stripe for them to pay me, and I have had a couple of hiccups. This was more related to the way that these companies set up the Stripe integration of my account to their platform. In both cases, the integration has not been possible and to this date, I still do not know why with exactitude.
  • As I said before, the commissions kept by Stripe could be lower, and shared with the CC companies, rather than having us clients pay for all of o it.
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