Are there any fees for using Square Cash?
No, Square Cash does not charge any fees for personal payments. It is completely free to send and receive money using the app. However, there is an option to use Square Cash for business purposes, called Square Cash for Business, which does have fees associated with it. For eligible businesses, a fee of 2.75% is charged when accepting payments from customers using a linked debit card. This fee helps support the services and features provided to businesses using Square Cash. But for individuals, friends, or family members who are sending or receiving money, there are no fees involved, making it a convenient and cost-effective solution for personal payments.
Answered May 3, 2024
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