Head to head
Compared side by side on published facts and the same six criteria every review is graded on — generated from the live directory, not a sales page.
Chase Payment Solutions and Merchant Services
Payment Processor · 3.8/5 mean
Chase Payment Solutions is the merchant services arm of the #1 US bank, offering small and mid-sized businesses a deeply integrated combination of payment processing, same-day deposits, and banking tools. They're backed by the trust and scale of JPMorgan Chase but with flat-rate fees that may not suit high-volume merchants.
Read the full review →Square
POS System · 3.8/5 mean
Square offers simple, transparent payment processing ideal for small businesses. Flat-rate pricing, no monthly fees, and excellent software make it a top choice — but account holds and limited support are key concerns.
Read the full review →Square holds the higher standing — by grade, then mean category score. The row-by-row picture below is what should actually decide it for your business.
Both graded against the same six criteria. How we grade · Last fact-checked August 19, 2026 and September 2, 2026.
| Criterion | Chase Payment Solutions and Merchant Services | Square |
|---|---|---|
| Pricing transparency | 3.0 | 4.0wins this criterion |
| Feature set | 4.0 | 4.0 |
| Ease of use | 4.0 |
Straight from each provider's published documentation. Where a number isn't published, we say so rather than estimate.
| Metric | Chase Payment Solutions and Merchant Services | Square |
|---|---|---|
| Online rate | 2.9% + $0.25 per transaction | 3.3% + $0.30 for Square Online and invoices on the free plan; 2.9% + $0.30 through the Payments API, or on Plus and Premium |
| Monthly fee | $0 (basic plan; Chase Business Complete Banking may have separate monthly fee waivable with $2,000/month in payments) | Not disclosed |
| Payout | Next business day for deposits to non-Chase bank accounts | Next business day |
| Contract | Month-to-month plans. Free terminal plans may require 2 year service agreement. | Month-to-month |
| In-person rate | 2.6% + $0.10 per transaction | 2.6% + $0.15 (free plan); 2.5% + $0.15 (Plus); 2.4% + $0.15 (Premium) |
| Keyed rate |
From the Chase Payment Solutions and Merchant Services review
Square pairs transparent flat-rate pricing with genuinely good free POS software, wide hardware options, and cancellation any time from the dashboard, which suits small retail, food, and mobile sellers. Chase Payment Solutions holds up for merchants who want bank-backed processing with same-day deposits into a Chase business checking account at no extra cost.
Pick Square if you run a small in-person business and want free POS software with no monthly fee
Ideal for
Not recommended for
Ideal for
The full reviews carry the pricing narratives, contract analysis and everything else behind these numbers — or let the matching funnel score the whole directory against your business.
| Customer support | 3.0wins this criterion | 1.0 |
|---|
| Contract terms | 4.0 | 5.0wins this criterion |
|---|
| Industry reputation | 5.0wins this criterion | 4.0 |
|---|
| 3.5% + $0.10 per transaction |
| 3.5% + $0.15 |
| International rate | Dynamic Currency Conversion available; custom rates apply | Additional 1.5% on cards issued outside your account's country |
|---|
| PCI fee | Not publicly listed | Not disclosed |
|---|
| Statement fee | Not publicly listed | Not disclosed |
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| Chargeback fee | $25 to $100 per incident | None |
|---|
| Early termination | $0 for month-to-month accounts; applicable if free hardware accepted under 2-year contract | Not disclosed |
|---|
| Last fact-checked | August 19, 2026 | September 2, 2026 |
|---|
Not recommended for