Square vs PayPal: The Bottom Line. Square is our overall winner in a head-to-head comparison of Square vs PayPal. Square provides stellar payment processing services that cover all types of sales: mobile, in-store, invoicing, recurring payments, virtual terminal, and online payments, with fees that meet or beat PayPal in most instances.
One of the advantages to both Square and PayPal is that you have no contracts, no monthly fees, no termination fees. If you don’t like either service, just stop using it and find another one. You can’t get a better deal than that.
Square – Best Mobile Credit Card Processor for New & Small Businesses. Who Square is Best …
Transaction Fees: Square Wins. For e-commerce merchants who process under $10,000 in monthly sales, Square Market is likely to be the cheaper online payments option, while PayPal is the better choice for larger businesses that can afford to pay a monthly fee and need more e-commerce features.
Verdict: PayPal Here extends its lead on Square with lower transaction fees. The difference between 2.75% and 2.7% might not sound like much, but it adds up over the course of a year. 2-0. The difference between 2.75% and 2.7% might not sound like much, but it adds up over the course of a year. 2-0.