Updated Oct 2026
Short answer: Square Canada in-person credit keeps C$97.50 on C$100 at 2.5%. Verified 8 Oct 2026.
Square Canada keeps C$2.50 of a C$100 in-person credit card tap or insert (2.5%), so you keep C$97.50. There is no monthly fee in this keep.
In-person credit card
Where this sale goes: you keep C$97.50. Fees C$2.50.
C$100 - 2.5% - C$0.00 = C$97.50. Plan C$0. Planning only.
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Shopify Basic keeps C$96.90 on the same C$100 · Shopify CA keepAffiliate link: we may earn a commission. Compensated as a Shopify affiliate.
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| Way they pay | Rate | Fee on C$100 | You keep |
|---|---|---|---|
| In-person credit (tap or insert) | 2.5% | C$2.50 | C$97.50 |
| Online, invoice, or Square Online | 2.8% + C$0.30 | C$3.10 | C$96.90 |
| Keyed-in or card on file | 3.3% + C$0.15 | C$3.45 | C$96.55 |
| Interac debit | 0.75% + C$0.07 | C$0.82 | C$99.18 |
| In-person, card issued outside Canada | 2.5% + 1.5% | C$4.00 | C$96.00 |
| Online, card issued outside Canada | 2.8% + 1.5% + C$0.30 | C$4.60 | C$95.40 |
An extra 1.5% applies when the card was issued outside Canada: in-person credit becomes 4.0% (keep C$96.00 on C$100) and online becomes 4.3% + C$0.30 (keep C$95.40). Instant transfer is 1.5% of the payout, not part of this sale keep. Free processing has no monthly fee; paid plans are separate.
Source: Square Canada fees. Planning only. Not affiliated.
keep × 30
When the page opens: KEEP C$97.50. Official in-person credit card rate is 2.5% with no fixed fee (squareup.com/ca/en/payments/our-fees). Formula: KEEP = sale − 0.025 × sale. On C$100 that is C$97.50. Online is 2.8% + C$0.30 (C$96.90). Keyed-in is 3.3% + C$0.15 (C$96.55). Interac debit is 0.75% + C$0.07 (C$99.18). A card issued outside Canada adds 1.5%.
No. Square says there is no monthly processing fee on these rates. A monthly amount you type stays out of the keep.
Not affiliated with Square. Educational planning only.
I get commissions for purchases made through links in this post. Compensated as a Shopify affiliate.