Square charges 2.6% + 10¢ — the same flat rate whether you process $500 or $500,000/mo.

Stop paying retail premiums
for your business growth.

Growing businesses are switching from Square to BAMS for transparent interchange-plus pricing, dedicated account managers, and true hardware flexibility. Keep more of your hard-earned revenue.

Get a Free Rate Analysis See the Comparison

Save up to 40% on fees vs. Square
Next-day funding & free POS hardware
No ecosystem lock-in — integrate your existing tools

Square "Simple" Rate

2.6% + 10¢

Per in-person swipe

✓

BAMS Pricing

Interchange Plus

True cost + small markup only

50+

Years of experience

10K+

Statements analyzed

$10B+

Dollars deposited

100M+

Transactions processed

Why Switch From Square to BAMS?

Outgrown the White Square?

Square is great for weekend farmers markets. But as your business grows, their flat rates, expensive hardware, and lack of support become expensive bottlenecks.

Interchange Plus Pricing

Square charges a flat 2.6% + 10¢ and pockets the spread over actual interchange. BAMS passes the true wholesale cost directly to you — typically 30–40% less per transaction as your volume grows.

Dedicated Account Manager

Square gives you a help center. BAMS gives you a person — a dedicated account manager who knows your business, reviews your statement, and picks up the phone when you need them.

Next-Day Funding

Stop waiting 1–2 business days for your money to arrive. BAMS deposits directly to your bank account the next business day — standard, with no extra fee or premium tier required.

Free POS Equipment

Square sells you their proprietary hardware. BAMS provides free terminal placement for qualifying merchants — compatible with hundreds of open POS systems so you're never locked in.

Account Stability

Square's automated risk algorithms routinely hold or terminate accounts without warning. BAMS uses human underwriters to keep your cash flow stable — no algorithmic freezes, no surprises.

No Ecosystem Lock-In

Square wants to be your inventory, payroll, and marketing platform too — because it's harder to leave. BAMS integrates with your existing software instead of replacing it, so you stay in control.

Feature by Feature Comparison

See exactly how BAMS stacks up against Square when you look past the white card reader.

Features	RECOMMENDED BAMS The Pro Choice	Square
Pricing & Fees
Pricing Structure	Interchange Plus	✕ Flat Rate
In-Person Rate	Custom / Low	✕ 2.6% + 10¢
Online Rate	Custom / Low	✕ 2.9% + 30¢
Keyed-In Rate	Custom / Low	✕ 3.5% + 15¢
Support & Service
Dedicated Account Manager	✓ Yes	✕ No
Phone Support	✓ 24/7 US-Based Support	Under-Staffed & Automated
Account Stability	✓ Human Reviewed	✕ Automated & Known Freezes
Hardware & Tech
Equipment Costs	✓ Free Placement	Must Purchase
Next-Day Funding	✓ Included	Standard 1–2 Business Days
Instant Transfer Fee	✓ N/A (Standard fast)	✕ 1.5% per transfer

The Math Behind the "Simple" Rate

Square loves to sell you on "simplicity" with their 2.6% + 10¢ flat rate. What they don't tell you is that a basic debit card only costs around 0.05% + 22¢ to process.

Square pockets the massive difference on every swipe. BAMS operates differently — we use Interchange Plus pricing. You pay the exact wholesale cost of the card, plus a small, agreed-upon markup. For brick-and-mortar retail and restaurants, this translates to huge margin increases.

Calculate Free Savings

Example: $100 In-Person Debit Swipe

Square (Flat Rate) You pay: $2.70

Square's Profit Margin

True Cost

BAMS (Interchange Plus) You pay: ~$1.45

Small Markup

True Cost

You save $1.25 on ONE swipe

Yearly Impact

Thousands saved

Real Merchant Reviews

Hear from Businesses Who Switched

Join the thousands of growing merchants who outgrew Square as a stepping stone to a better processing partner.

Significant Savings

★★★★★

"Switching to BAMS and working directly with Olga has been a fantastic experience. The savings that my company has experienced are extremely significant and the customer service has been exceptional!"

Paul

Coastal Maine Popcorn

via bams.com

Always Available, Best Rates

★★★★★

"Olga is always on top of whatever we need as our rep. She's always available by phone or email and our very few problems we have had have been resolved almost instantly. BAMS gave us the best rate for merchant services and we couldn't be happier."

Amanda

Gaynor Minden

via bams.com

Hands-On Support

★★★★★

"They are very hands on making sure you have the right equipment you need for all aspects of your business. Highly recommend them."

Janet

The Salty Paw

via bams.com

Common Questions

Frequently Asked Questions

Common questions about making the leap from Square to BAMS.

Not at all. BAMS integrates with almost every major POS system, e-commerce platform, and accounting tool. We can provide you with brand new terminals, often the same week. The transition is typically seamless and causes zero downtime for your customers.

Square hardware is proprietary and locked to their ecosystem, so it cannot be reprogrammed for another processor. However, BAMS provides free terminal placement for qualifying merchants — you get professional-grade hardware at no cost, often superior to what Square offers.

Square's algorithm-driven risk management frequently flags accounts incorrectly — especially high-volume, high-ticket, or B2B merchants. BAMS uses human underwriting, so we can often approve and onboard merchants that Square or other aggregators have declined. Contact us and we'll review your account directly.

BAMS specializes in industries Square struggles with — including B2B, high-ticket retail, restaurants, contractors, and more. Our underwriting team reviews each account individually and works with acquiring banks that specialize in your vertical. We can often provide better rates and better stability than Square for these business types.

No long-term contracts are required. BAMS believes in earning your business every month through great service and competitive rates — not locking you in. We offer month-to-month agreements so you're always in control.

Square charges a flat 2.6% + 10¢ per in-person swipe. On a $100 in-person debit swipe, Square costs $2.70 while BAMS costs about $1.45, saving $1.25 on one swipe. See how the BAMS price comparison works or review a line-by-line fee guide.

BAMS deposits directly to your bank account the next business day, standard, with no extra fee or premium tier required. Square's standard timing is 1 to 2 business days and its instant transfers cost 1.5% per transfer. Learn more about next day funding and how faster deposits support growth.

Yes. BAMS integrates with your existing software instead of replacing it, so you stay in control. Read how POS integrations deliver more value.

Square gives you a help center. BAMS gives you a dedicated account manager who knows your business, reviews your statement and picks up the phone, plus 24/7 US-based phone support. Read about choosing an accountable payment partner.

Square charges 2.9% + 30¢ online and 3.5% + 15¢ for keyed-in transactions. BAMS offers custom, low rates for in-person, online and keyed-in transactions with interchange plus pricing. Learn how to audit interchange-plus pricing.

Stop letting Square take a retail cut of every sale.

Let us run a free, side-by-side analysis of your current Square processing statement. We'll show you exactly how much you can save by switching to true interchange-plus pricing.

100% Free, zero-obligation analysis
Guaranteed rate reduction
Free hardware placement for qualifying merchants

Get Your Free Savings Quote

Tell us about your business and we'll put together a free, no-obligation statement analysis — typically completed within 1 business day.

100% Free, zero-obligation analysis
Guaranteed rate reduction
Dedicated account manager assigned

Get My Free Analysis

*Square is a registered trademark of Block, Inc. BAMS is not affiliated with Square or Block, Inc. This comparison is for informational purposes based on publicly available pricing data as of 2025. Actual savings vary by transaction type, volume, and card mix.

Stop paying retail premiums
for your business growth.