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

Ecommerce Platforms

On the other hand, while Square doesn’t have exactly the same status that PayPal does, it does benefit from a large and growing consumer base. If all you need is a mobile card reader, or a way to take debit and credit card payments online, then you can use either Square or PayPal for that purpose. 5% plus 5 cents for a micropayment.