Square Review 2026
Card payments, point-of-sale software, online stores and business banking tools for small businesses, from Block, Inc.
*Affiliate disclosure: We may earn a commission if you open an account via our link, at no extra cost to you.
Quick Facts
What is Square?
Square, part of Block, Inc., was founded in 2009 and helps small and growing businesses take payments in person, online and over the phone. Its free point-of-sale software works with Square card readers and terminals, and it adds online stores, invoices, appointments, payroll and team management. In the US, Square also offers business checking, savings and loans through its banking products. Square charges per-transaction processing fees with no long-term contract on standard plans. Availability and products vary by country.
Key Features of Square
Point of sale
Free POS app with paid plans for restaurants, retail and appointments.
Card readers and terminals
Accept contactless, chip and mobile wallet payments.
Online store
Sell online with inventory synced to your POS.
Invoices
Send invoices and get paid by card or bank transfer.
Business banking (US)
Checking, savings and fast access to sales.
Payroll and team tools
Run payroll and manage staff schedules.
Square Pros & Cons
Advantages
- No monthly fee to start
- Transparent per-transaction pricing
- All-in-one POS, online and invoicing
- Fast deposits
Disadvantages
- Processing fees can add up at higher volumes
- Some products are US-only
- Account holds can occur on unusual activity
Who is Square Best For?
Ready to get started with Square?
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Frequently Asked Questions About Square
Is Square safe?
Square is a regulated financial services provider. Digital Bank Networks only features regulated, vetted affiliates. Always review the provider's terms, fees, and regulatory status before transferring funds. CFD and forex trading carries risk — please read all risk disclosures before trading.
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