The formula
base = G + tip + tax-in-fee-base
fee = ACH ? max(1% of base, $1 if base > 0) : rate% × base + fixed$
KEEP = G + tip − fee − tax buffer
Tax-in-fee-base is remitted (not kept). Monthly software is not in KEEP.
Processor table (not a range)
- Tap 2.6% + 15¢
- Online / invoice 3.3% + 30¢ — first paint
- API 2.9% + 30¢
- Manual 3.5% + 15¢
- ACH 1%, $1 minimum
- Afterpay 6% + 30¢
- Intl +1.5%
- Plus/Premium online 2.9% + 30¢ — you type
Sources
squareup.com/us/en/online-store/plans · Square help article 5068. Affiliates none found.
FAQ
How much do you keep on a $100 Square Online invoice?
Default first paint: KEEP $96.40. Official Free online/invoice 3.3% + $0.30. Fee = 0.033 × 100 + 0.30 = $3.60. KEEP = 100 − 3.60 = $96.40. Distinct from /restaurant-keep/ in-person (2.6%+15¢). Plus/Premium online 2.9%+$0.30 is a preset. Fees apply to the total including tax/tip. Absorb. Planning only. Not affiliated with Square.
What is the processor table?
Tap 2.6%+15¢ / online 3.3%+30¢ / API 2.9%+30¢ / manual 3.5%+15¢ / ACH 1% $1 min / Afterpay 6%+30¢ / intl +1.5%. First paint is Free online 3.3%+$0.30. Do not invent Stripe 2.9%+$0.30 as Square Online’s default.
Is this the restaurant in-person calculator?
No. /restaurant-keep/ is Square in-person + tip-out you type. This page is Square Online / invoices.
Is this affiliated or a tax engine?
Not affiliated with Square. Tax buffer is a dollar you type. Not a 50-state tax engine. Educational planning only.
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