Traditional Terminal

Square Reader

Transaction fees

1.99% + 10¢ per transaction

Up to 3.0% per transaction

2.6% + 10¢ per transaction

Device expense

Unlimited users
Free download

$250–$1,300 per terminal

$59 per card reader

Contract term

No fixed contract

Lock in contract
Up to 24 months

No fixed contract

Terminal delivery

Instant install (Google Play)

3–7 days Hardware delivery

In-store pickup


Android smartphone or tablet

Physical terminal

Mobile device + card reader

SIM costs

No cost using existing SIM

$25–$60 per SIM

No cost using existing SIM