Decide On A Mobile Payment Solution: Calculating Square vs. VeriFone Fees
Do you want to be able to take credit card payments from your smartphone or tablet computer? Having difficulty deciding between the competing options? A great new website takes a look at your average transaction size as well as your monthly volume and calculates whether Square’s or VeriFone’s competing mobile payment platforms will offer you the better deal.
Whereas Square simply charges a flat 2.75%, VeriFone’s fee structure is a bit more complicated. Depending on your particular business, either one could be the better deal. Thankfully, FeeFighter’s calculator helps you decide which options would be more profitable.