Comparing Square vs PayPal, Square offers better-integrated payment tools than PayPal, but PayPal pulls ahead in ecommerce payments, and online invoicing features are tied.
PayPal’s 2.7% per-swipe fee is lower than Square’s 2.75% per-swipe fee.
Overall, we consider Square the better overall option here.
Should I use PayPal or square?
Ultimately, although Square and PayPal can provide your business with similar functionalities at a comparable cost, Square is better for brick and mortar businesses who need a robust point of sale system, while PayPal is preferable for solely online-based businesses.
What’s the difference between Square and PayPal?
The main difference between the two is that PayPal Chip and Tap Reader accepts chip, contactless AND magnetic stripe cards, while the mentioned Square Reader only accepts chip and contactless cards. In Square’s case, you might want to request one of these as a backup for customers who still only use swipe cards.
What is the best alternative to PayPal?
Best PayPal Alternatives
- Google Pay.
Is stripe or square better?
When it comes to Stripe vs. Square, Stripe is the best choice for those looking for a developer-friendly online payment platform that offers far more payment options for customers. Square and Stripe have the same fees for online transactions at 2.9% + $0.30 per transaction, so it’s a draw.