Fidexa vs Square
Both let you take contactless payments on your phone with no card reader and send invoices. Square is a full point-of-sale system with no monthly fee, slightly lower in-person rates and next-day payouts; Fidexa is a bookkeeping app where every payment is already in your books, with lower fees on invoices paid by bank.
Facts about Square checked on October 12, 2026 from the sources listed below.
| Fidexa | Square | |
|---|---|---|
| Monthly cost | Fidexa Pay comes with Premium: $9.99/month or $89.99/year | Free plan $0; higher plans cost more |
| Tap to Pay on iPhone and Android | Yes | Yes |
| In-person card rate | 2.7% + $0.15 | 2.6% + 15¢ on Free (lower on paid plans) |
| Invoice paid by card | 2.9% + $0.30 | 3.3% + 30¢ on Free; 2.9% + 30¢ on paid plans |
| Invoice paid by bank (ACH) | 0.8%, max $5.00 | 1% ($1 minimum), no cap on Free; $10 cap on paid plans |
| Keyed-in card numbers | Not offered | 3.5% + 15¢ |
| Payouts | Automatic to your bank, usually about 2 business days (first payout 7–14 days) | Next business day for payments before 5 PM PT; instant transfer 1.95% |
| Bookkeeping | Built in: payments, fees and sales tax recorded automatically, plus expenses, receipts and mileage | Payments and sales reporting |
| Canada | Payments are US-only | Available |
Where Fidexa is stronger
- • Lower fees on large invoices paid by bank: 0.8%, max $5.00 — $5.00 on a $4,000 invoice, against $40 on Square’s free plan ($10 on its paid plans).
- • A lower card rate on invoices than Square’s free plan (2.9% + $0.30 against 3.3% + 30¢).
- • Every payment, fee and sales-tax amount lands in your books with no export or sync, next to your expenses, receipts and mileage.
Where Square is stronger
- • No monthly fee on the free plan.
- • A lower in-person rate (2.6% + 15¢ against Fidexa’s), and next-day or instant payouts.
- • A full point-of-sale system — item catalog, hardware, keyed-in cards — and availability in Canada.
Which should you choose?
Choose Fidexa if you are a service business or freelancer who invoices clients and sometimes takes a card in person, and you want your books done without a second app.
Choose Square if you run a counter or shop with many in-person sales, need hardware or a product catalog, or sell in Canada.
Sources
- Square fees
- Square pricing
- Square Tap to Pay
- Square transfers and instant deposits
- Square Canada pricing
- Fidexa: pricing, Fidexa Pay and the Fidexa Pay guide (current fees)
Prices and features change. Square is a trademark of its owner; this page is not affiliated with or endorsed by them. Spotted something out of date? Write to support@fidexa.tech.
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