Square Fee Calculator Canada (2026 Updated Rates)
Square Canada charges 2.65% for in-person tap/dip, 2.9% + C$0.30 online, 3.4% + C$0.15 keyed-in and 3.3% + C$0.30 on Square Invoices.
Fee breakdown
| Platform | Total fees | Net | vs here | |
|---|---|---|---|---|
| Square (this page) | $3.20 | $96.80 | baseline | |
| Wise | $0.93 | $99.07 | +$2.27 More 🟢 | PK → |
| Stripe | $3.20 | $96.80 | +$0.00 More 🟢 | PK → |
| Shopify | $3.20 | $96.80 | +$0.00 More 🟢 | |
| PayPal | $3.98 | $96.02 | −$0.78 Less 🔻 | PK → |
| Lemon Squeezy | $5.50 | $94.50 | −$2.30 Less 🔻 | PK → |
| Gumroad | $13.70 | $86.30 | −$10.50 Less 🔻 | PK → |
Square fee quick reference (2026)
| Amount | Total fees | You keep | Take rate | Charge to net it |
|---|---|---|---|---|
| $10.00 | $0.59 | $9.41 | 5.9% | $10.61 |
| $25.00 | $1.03 | $23.97 | 4.1% | $26.06 |
| $50.00 | $1.75 | $48.25 | 3.5% | $51.81 |
| $100.00 | $3.20 | $96.80 | 3.2% | $103.30 |
| $250.00 | $7.55 | $242.45 | 3.0% | $257.78 |
| $500.00 | $14.80 | $485.20 | 3.0% | $515.25 |
| $1,000.00 | $29.30 | $970.70 | 2.9% | $1,030.18 |
Square fee formula & hidden costs
payment processing 2.90% + C$0.30
Worked example: $100.00 gross → $3.20 fees → $96.80 net. Reverse gross-up: charge = (target + fixed) / (1 − rate) → to net $100.00 charge $103.30.
Hidden fees to watch
- Keyed-in and card-on-file payments cost 3.5% + $0.15 — the most expensive Square channel.
- Afterpay/BNPL orders cost 6% + $0.30, more than double the online card rate.
- Square keeps the processing fee when you refund a customer.
- Instant transfers cost 1.75% of the transfer amount (standard next-day deposits are free).
- Square Payroll, Loyalty and advanced POS tiers bill separately from processing.
How to pay less in Square fees
- Use the reverse calculator to pass fees to the client explicitly instead of eating them.
- Batch small orders — fixed per-order fees dominate sub-$10 transactions.
- Avoid currency conversion inside the platform; settle in your own currency via a multi-currency account.
- Compare QuickBooks — Small-business accounting and self-employed tax tracking.
Frequently asked questions
What is the Square fee on a C$100 sale in Canada (C$)?
On a $100.00 sale, Square deducts $3.20 total fees, leaving $96.80 — an effective take rate of 3.2%.
How much should I charge to receive exactly C$100 after Square fees?
Charge $103.30: the $3.31 fee leaves exactly $100.00 net. Use the reverse tab above for any target.
What is the Square fee formula in Canada (C$)?
payment processing 2.90% + C$0.30. 2.9% + C$0.30 online / 2.65% in person. All figures verified 2026-11-10 against the official pricing page.
Does Square refund fees when a buyer is refunded?
No — Square keeps the original processing fee on refunds, so a full refund on a $100.00 sale costs you about $3.20.