Square now offers flat fee structure for small businesses

Instead of charging merchants for each transaction, mobile payment startup Square is now offering something that seems to defy conventional wisdom: a flat monthly fee to merchants who see $250,000 or less in sales per year.

Those merchants instead of paying 2.75 percent per transaction can opt to pay Square $275 per month for any number of transactions. If they go above $250,000 in transactions, they’ll be charged the 2.75 percent rate.

via Square now offers flat fee structure for small businesses.

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