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Square vs PayPal (Dec 2019): Clash of the Payment Processing Titans

Ecommerce Platforms

From a security and safety perspective, Square also comes with no chargeback fees whatsoever. There’s a discount for bulk payments, but nothing for charities and non-profits. The costs look something like this: 2.75% for chip and pin/ contactless payments. 5% plus 5 cents for a micropayment. Micropayments: 5% plus $0.05.