QuickBooks Payments vs Square Payments: which one fits your business?
Side-by-side comparison of QuickBooks Payments and Square Payments — fees, features, ease, support, and which one fits your business. Scored on the same rubric.
Short answer: Square Payments wins on our scorecard (7.8/10 vs 7.5/10).
| Scored on | QuickBooks Payments | Square Payments |
|---|---|---|
| Right fit for small biz | 8 | 8 |
| Ease of use | 9 | 9 |
| Fees & pricing | 6 | 7 |
| Customer support | 5 | 5 |
| Features | 9 | 9 |
| Monthly Fee | $0 | $0 (Basic) |
| ACH Payments | 1% (Max $15) | — |
| Invoiced Credit Cards | 2.99% | — |
| Keyed-in Cards | 3.50% | — |
| Instant Deposit Fee | 1% extra | — |
| In-person Rate | — | 2.6% + 10¢ |
| Online/Keyed Rate | — | 2.9% - 3.5% + 15¢ |
| Instant Transfer Fee | — | 1.75% per transfer |
QuickBooks Payments in one paragraph
A premium-priced but flawlessly integrated tool that trades higher fees for significant time savings on bookkeeping.
Skip it if: You process more than $10,000 per month and already have a dedicated bookkeeper to handle manual entries.
Square Payments in one paragraph
Square is the gold standard for speed and simplicity, though you pay a premium in transaction fees for the convenience.
Skip it if: Skip it if your business processes more than $20,000 per month, as you'll save thousands elsewhere with interchange-plus pricing.
Frequently asked questions
Which is better, QuickBooks Payments or Square Payments?
On our five-axis scorecard, Square Payments scores higher (7.8/10 vs 7.5/10). Square is the gold standard for speed and simplicity, though you pay a premium in transaction fees for the convenience.
Who should skip QuickBooks Payments?
You process more than $10,000 per month and already have a dedicated bookkeeper to handle manual entries.
Who should skip Square Payments?
Skip it if your business processes more than $20,000 per month, as you'll save thousands elsewhere with interchange-plus pricing.