Square POS vs. Venmo for Business

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
Venmo for Business
Score 8.9 out of 10
N/A
Venmo for Business supports touch-free transactions and provides customers a secure and simple way of paying. Businesses can accept payments virtually through the app, and in-person with a unique business QR code. Business's can turn the QR code into an eye-catching point-of-sale with a free QR Kit, in order to give customers an easy, touch-free checkout. There is no set-up fee and no monthly fees, with transaction fees of 1.9% + $0.10.N/A
Pricing
Square POSVenmo for Business
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
No answers on this topic
Offerings
Pricing Offerings
Square POSVenmo for Business
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 POSVenmo for Business
Considered Both Products
Square POS
Chose Square POS
In our experience, every solution we tried in the past never fully met our needs. They always came with shortcomings and / or compromises. Square POS is the first solution we have tried that offers everything our business needs and provides us with enough room for our business …
Venmo for Business

No answer on this topic

Features
Square POSVenmo for Business
Payment Gateways
Comparison of Payment Gateways features of Product A and Product B
Square POS
-
Ratings
Venmo for Business
10.0
1 Ratings
33% above category average
Fraud Detection00 Ratings10.01 Ratings
API or SDK00 Ratings10.01 Ratings
Recurring Payment Support00 Ratings10.01 Ratings
Billing and Invoicing Support00 Ratings10.01 Ratings
Global Support00 Ratings10.01 Ratings
Payment Form Acceptance00 Ratings10.01 Ratings
Best Alternatives
Square POSVenmo for Business
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 POSVenmo for Business
Likelihood to Recommend
9.2
(61 ratings)
10.0
(2 ratings)
Likelihood to Renew
10.0
(2 ratings)
-
(0 ratings)
Usability
9.0
(11 ratings)
10.0
(1 ratings)
Support Rating
8.7
(18 ratings)
-
(0 ratings)
User Testimonials
Square POSVenmo for Business
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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PayPal
I had a customer who wanted me to do his wife's birthday party. I sent him the estimate and he gave me a deposit from his Venmo account. When the party was done, he forgot to pay for a week. I reminded him with an invoice and he sent a deposit. It wasn't immediately deposited, but it [arrived the next day].
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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.
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PayPal
  • Timely payout
  • Ease of use
  • Visibility at all times
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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
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PayPal
  • Take out transaction fee. They are not PayPal
  • More understanding with bitcoin
  • Invoicing would be a good feature
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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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PayPal
No answers on this topic
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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PayPal
I find that it is very easy to use, manipulate and I've had no issues at all whenever using it for Business or even personal purposes as well. I've never received any complaints or questions on either side whenever using it as well, and have only heard others speak about it in a positive manner too.
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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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PayPal
No answers on this topic
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.
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PayPal
PayPal has more work items for businesses. It has invoicing, time tracking, and marketing strategies. I could [use] PayPal to run my business like I do with QuickBooks. Affiliates with other business is crazy. Plus, they also carry debit and credit cards for business and personal purposes. Venmo is the little brother [of PayPal].
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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.
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PayPal
  • Positive impact only as it’s enhanced our effectiveness.
  • No negative impact.
  • Simple, easy to use and well worth the $ investment.
Read full review
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