The main difference between National Processing and Square POS is that National Processing is quite more expensive than Square POS.
In this versus, we compare National Processing vs Square POS in-depth to help you choose one of them. If you want to know more details, we recommend you to read our National Processing review and Square POS review.
However, you can also directly find the Best Point of Sale Software, we list them by ranking (based on our review rating), you can find all the comparisons we made and we explain how you should choose the proper one.
Here is what we will talk about in the rest of this article:
To make your choice quick and efficient, here is a short summary about our comparison of Square POS vs National Processing. Find out their ratings, features, prices and then discover the winner of the versus.
National Processing offers a variety of pricing plans tailored to different needs. Their low-cost monthly plans start at $9.95 for select industries, while subscription-based plans are available at $59 and $199 per month for merchants processing over $200,000 in transactions.
Industry-specific plans come with variable per-transaction fees, ranging from 0.12% plus 6¢ for nonprofits to 0.29% plus 15¢ for e-commerce.
Additional costs include a $15 per month fee for ACH processing and early termination fees ranging from $495 to $595. All plans come with free mobile readers and gateway setup.
Standard Monthly Plans
Low-Cost Monthly Plans: Available for select industries at $9.95 per month.
Subscription-Based Plans: Two options available at $59 and $199 per month for qualified merchants processing $200,000 or more in transactions per month.
Industry-Specific Plans
Nonprofit: 0.12% plus 6¢ per transaction.
Restaurants: 0.14% plus 7¢ per transaction.
Retail: 0.18% plus 10¢ per transaction.
E-commerce: 0.29% plus 15¢ per transaction.
Subscription and Subscription Plus Plans
$59-per-month Subscription Plan: Per-transaction costs are 0.0% plus 9¢.
$199-per-month Subscription Plus Plan: Per-transaction costs are 0.0% plus 5¢. This plan also offers a free terminal upgrade every two years.
Additional Costs
ACH Processing Plans: Available at $15 per month.
Early Termination Fees: Range from $495 to $595 if you close your account early.
Note: All plans include a free mobile reader and gateway setup, along with free reprogramming of existing equipment. The competitive price guarantee is limited to companies processing $10,000 or more per month.
Square POS offers a straightforward pricing structure with no monthly fees for its software.
Transaction fees vary based on how the payment is processed: 2.6% + 10 cents for in-person transactions, 2.9% + 30 cents for online transactions, and 3.5% + 15 cents for manually keyed-in payments. Businesses processing over $250K in credit card sales can negotiate custom rates.
Additional hardware and add-on services are available at varying costs, starting as low as $0 per month for some features. Banking services like Square Checking and Square Savings come with no fees.
Software
Monthly fee: $0
No contracts, setup fees, or hidden fees. Included with every Square account are features like next-business-day transfers, account takeover protection, and live phone support.
Processing Fees
Card Present: 2.6% + 10 cents per transaction
This rate applies when a customer taps, dips, or swipes their card in person.
Card Not Present: 2.9% + 30 cents per transaction
This rate is for purchases made through your online store, Square Online Checkout, or eCommerce API.
Keyed In: 3.5% + 15 cents per transaction
This rate applies when you manually key in your customer’s card details or use a card on file.
Custom Rate
Businesses that process over $250K in credit card sales may be eligible for custom pricing.
Hardware Solutions
Square Terminal: $299
Square Register: $799
Square Stand Mount: $149
Square Reader for Contactless and Chip: $49
Square Reader for Magstripe: $10
Add-ons
Square Team Management: Starting at $0/mo.
Square Email Marketing: Starting at $15/mo.
Square Loyalty: Starting at $45/mo.
Square Payroll: Starting at $35/mo. + $5 monthly fee per person paid
Afterpay: 6% + 30 cents per transaction
Square Invoices: Starting at $0/mo.
Square Online Checkout: Starting at $0/mo.
Square Virtual Terminal: Starting at $0/mo.
Banking
Square Checking: No fees
Square Savings: No fees
Note: All prices and fees are subject to change and may vary based on your specific needs or any promotions that may be available.
