MobileShopping

Mobile Payment Service Fee Comparison Chart

With the proliferation of mobile payment services, it’s hard to decide which service to use that’s best for your small business. Here is a comparison chart that may help you decide between Paypal Here, Square Up, Spark Pay and Flint. I left out PaySimple because they have a monthly fee, whereas all the others do not.

The green bold text indicates possible best option.

Paypal Here
Square Up
Spark Pay
Flint
Swiped transaction fee
2.7%
2.75%
2.7%
2.95% + $0.20
Typed transaction fee
3.5% + $0.15
3.5% + $0.15
3.7%
2.95% + $0.20
American Express
2.7%
2.75%
2.95%
2.95% + $0.20
Debit Card
2.7%
2.75%
2.7%
1.95% + $0.20
Card reader
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iOS
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Android
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Summary:

  • If you normally swipe credit cards from your customers, use Paypal and Spark Pay.
  • If you normally type in the transaction (not swiped) or if most of your customers use Debit cards, use Flint.
  • If most of your customers use American Express, use Paypal.
  • Possible deal breakers: Flint does not support card readers or Android.

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