Switching · from Square
Looking for a Square alternative? Here’s what changes, in plain numbers.
If you’re weighing a Square alternative, start with the numbers. Square is quick to start and simple to read. Once you’re processing real volume — or you sell something Square won’t allow — the simple flat rate and the pay-to-get-paid-faster fees start to add up. This page lays out the policy, the fee math and what actually changes when you move.
No cost to review. You get the dollar difference in writing — or we tell you if switching wouldn’t help.
Why people leave Square
- Flat rate costs more as volume grows
- 1.95% to get money the same day
- Firearms, parts and ammo prohibited
- One person who knows your account
Underwritten properly once · Next-day funding · Talk to a real person: [direct line]
A Square alternative on interchange-plus
Itemized pricing instead of one blended flat rate, which often costs less once you’re past about $10k a month.
Next-day funding, no 1.95%
Faster access to your money is included, not a percentage you pay to pull your own funds sooner.
Firearms underwritten once
Square prohibits firearms, parts and ammo; we underwrite those businesses properly instead.
What Square’s policy says
Firearms, parts and ammo: prohibited.
Square’s General Terms list the “sale of firearms, firearm parts, ammunition, weapons” among prohibited activities. If that’s your business, Square isn’t an option for guns, parts or ammo — and accounts can be closed when prohibited sales are found. We underwrite firearms businesses properly instead, once, for how you actually sell. See firearms payment processing →
As of October 2026 — [verify]. Source: Square General Terms · compiled policy quotes.
Fee math
Flat rate versus interchange-plus, at three volumes.
The case for a Square alternative usually starts with the fee math. The figures below are an industry estimate built from Square’s published online rate applied to monthly volume — the percentage portion only, before the per-transaction cents and before your card mix. They are not a Moneybox quote. We don’t publish a savings number because your real figure depends on your statement. For why itemized pricing usually wins as you grow, see flat rate versus interchange-plus.
| Monthly card volume | Square flat rate (est., % portion) | Moneybox |
|---|---|---|
| $10,000 | ~$290 / mo at ~2.9% | Send your statement |
| $25,000 | ~$725 / mo at ~2.9% | Send your statement |
| $50,000 | ~$1,450 / mo at ~2.9% | Send your statement |
There’s also the money-timing fee. Square charges 1.95% for an instant transfer; its standard transfer is slower and free. With Moneybox, next-day funding is included — there’s no percentage to pay for faster access. (As of October 2026 — [verify].)
What changes when you switch
- Pricing moves from one blended flat rate to interchange-plus, itemized on every statement
- Your statement looks different — the card networks’ cost and our markup are separated
- Hardware may change: a Square reader is tied to Square, so you move to a terminal or reader on our platform [terminal cost]
- Faster funding stops being an add-on — next-day is included, no 1.95%
- Support becomes a person: when a hold or a big sale hits, you call our team
What stays the same
- Your website, your products and your customers
- You keep taking cards on Square until you flip over
- The cards your buyers already use
Backup option: you can keep Square running and add a Moneybox account as a backup rail, where Square’s terms allow a second processor [verify]. Handy if you want to test a Square alternative before moving everything over.
Square alternative questions
I sell firearms — is Square really not an option?
Square’s General Terms prohibit the sale of firearms, firearm parts and ammunition, so it isn’t a fit for that business. We underwrite firearms businesses properly instead, once, for how you actually sell. See firearms payment processing →
Is my Square reader worth anything after I switch?
A Square reader is tied to Square, so it won’t move to our platform. We’ll tell you whether your other equipment re-programs or what a replacement costs: [terminal cost].
Can I keep Square and just test Moneybox?
Often yes. Where Square’s terms allow a second processor [verify], you can run us as a backup rail while you compare before moving everything over.
How much will I actually save?
A Square alternative only makes sense if the math works for you. We don’t publish a savings figure because it depends on your card mix and average ticket. Send last month’s Square statement and we show you the real number — or tell you plainly if switching wouldn’t help.
See your Square cost next to ours.
Send last month’s Square statement. We reply with your current cost, your Moneybox cost, and the difference in dollars. If switching wouldn’t help, we’ll tell you that too.
Prefer to talk? [call or text our team — number]