If you’re considering Square for invoicing, you’re not alone. Square is a popular option for businesses that want an easy way to send invoices and accept payments. But is it the best choice for your business?

While Square offers convenience and automation, its processing fees can add up quickly. At Discount Payments, we provide a better alternative—offering all the features Square has while saving you money on every transaction.

Before you decide, here are five things you need to know about Square invoicing and how our service compares.

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1. Square Makes Invoicing Simple—But at a Cost

Square’s invoicing platform is easy to use, allowing businesses to:
✅ Send invoices via email or text
✅ Track payments in real time
✅ Set up recurring billing
✅ Accept online payments via credit card, debit card, or ACH bank transfer

However, Square’s processing fees are among the highest in the industry:

  • 2.9% + 30¢ per credit/debit card transaction
  • 1% per ACH bank transfer ($1 minimum fee)

📉 How Discount Payments Compares:
We offer the same invoicing features as Square, but at a lower rate:

  • Credit/debit card transactions as low as 0.3% (compared to Square’s 2.9%)
  • ACH transactions at 0.0% with a low flat fee (compared to Square’s 1%)

With Discount Payments, you keep more of your money on every invoice.

2. Automated Features Help You Get Paid Faster

One of Square’s strengths is automation. Businesses can:
✅ Schedule invoice reminders for overdue payments
✅ Set up recurring invoices for subscriptions or services
✅ Accept multiple payment methods, including Apple Pay & Google Pay

These features help businesses save time and reduce late payments.

📉 How Discount Payments Compares:
We offer the same automation tools as Square, but with lower fees and better customization. You can:

  • Send branded invoices with your logo and colors
  • Set up custom payment schedules
  • Automate reminders without high transaction fees

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3. Square’s Fees Can Cut Into Your Profits

While Square has no monthly fee for invoicing, the transaction fees can add up—especially for businesses handling high-value invoices.

💰 Example: If you send a $5,000 invoice:

  • Square charges: $145 (2.9% + 30¢)
  • Discount Payments charges: $15 (0.3%)

That’s $130 saved per invoice—imagine the savings over time!

📉 How Discount Payments Compares:
We keep your costs low with:
✅ Credit card processing as low as 0.3% (vs. Square’s 2.9%)
✅ ACH processing with no percentage fees
✅ No hidden costs or penalties

Whether you process $5,000 or $500,000 in invoices per month, our rates will always save you money.

4. Square’s Customization is Limited

While Square allows you to customize invoices with your logo and descriptions, it lacks advanced customization options.

Businesses needing custom templates, detailed line items, or industry-specific invoicing features may find Square too restrictive.

📉 How Discount Payments Compares:
We offer full invoice customization, including:
✅ Custom-branded invoice templates
✅ Itemized tax and discount fields
✅ Personalized payment links for easy checkout

With Discount Payments, you’re in control of how your invoices look and function.

Payment at Checkout

5. Square is Best for Small Businesses—But Not for Scaling

Square is great for freelancers and small businesses. However, as businesses scale and process higher invoice volumes, Square’s fees become costly and their invoicing features may not be flexible enough.

📉 How Discount Payments Compares:
We’re built for businesses of all sizes—whether you’re just starting or scaling to millions in transactions.

✅ Lower processing fees keep your profits high
✅ Advanced features like bulk invoicing, payment plans, and recurring billing
✅ Seamless integration with accounting software

No matter your industry, we provide a scalable, affordable invoicing solution.

Final Verdict: Should You Use Square for Invoicing?

If you need basic invoicing and don’t mind paying higher fees, Square is a good option.

However, if you want to:
✅ Save money on processing fees
✅ Keep all the features Square offers
✅ Get a more customizable invoicing solution

Then Discount Payments is the better choice.

📢 Switch today and start saving on every invoice!

👉 Get a free consultation and see how much you can save compared to Square.

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