how to use square to charge for online course

1. Go to Account & Settings in your online Square Dashboard.
2. Click Business > Service charges > Create a service charge.
3. Name your charge, choose if you want a percentage-based charge ( %) or a fixed service charge ( $ ), and enter the amount of the charge.
4. Choose the location where the charge applies, and add any taxes that apply.
5. Click Save to add your new service charge.

Full Answer

What is square’s online fee?

Square’s online fee encompasses, as you might expect, typical online transactions. This includes the Square Online Store, Square Online Checkout, eCommerce API, and online invoicing when not using a card on file (see above). Because these are card-not-present transactions, they’re charged a higher fee than point of sale transactions.

How much does it cost to host an online course in Squarespace?

This is $40-$46 per month depending on whether you pay monthly or annually. With this plan, you get unlimited courses, 0% transaction fees, subscription payments, discounts, and more. Check out the Squarespace pricing page for a full list of all of the features you get. So that's my method for hosting an online course in Squarespace!

How do I set up automatic service charges for square online?

Any service charge can be automatically applied to Square Online orders fulfilled via Pickup, Delivery, or Self-serve Ordering. Note that item-level taxes must be enabled for these fulfillment types before you can set up automatic service charges. Go to Account & Settings in your online Square Dashboard .

How do I calculate the fee for a square charge?

If you charge your customer a total $102.70, Square will apply a fee to the total payment, so $102.70 x 2.6% + 10¢ or $2.77. To determine the transfer you’ll receive for this payment, subtract the fee from the total payment amount, $102.70 – $2.77 = $99.93. Following this example, $99.93 will be transferred to your linked bank account.

Can clients pay online with Square?

Square's Payments API is a payment solution that allows you to accept credit and debit card payments from your own website. Connect your website to Square with an eCommerce API application, and without ever leaving your website, customers can securely make online purchases.

Can you charge fees on Square?

Surcharging is allowed, but must not be excessive. That means any surcharge you apply shouldn't be higher than what it costs you to process the payment — please refer to the fees stated in your monthly statement, available through your Square Dashboard.

How do you charge virtual classes?

How to choose a price for your online course:Do not price your course based on its length. ... Take a look at your competition. ... Quantify the value of the outcome your students can achieve. ... Test different price points. ... Consider your credibility/authority in your market. ... Consider the cost of your customer's alternatives.More items...•

How much does Square charge for online transactions?

When a customer makes a purchase through Square Online, Square Online Checkout, eCommerce API, in-app payments, or pays an invoice online, the fee is 2.9% + 30¢ for cards or 1% with a minimum $1 per transaction for ACH bank transfers (via invoices only).

How do you put a surcharge in a square?

To enable this from your online Square Dashboard:Click Devices > Service Settings.Click Automatic Gratuity > Allow Automatic Gratuity.Enter the service charge amount (e.g. 20%).Choose to apply the service charge on a per-bill basis, to all bills*, or based on party size.More items...

How do I add processing fee to Square app?

Set up service chargesGo to Account & Settings in your online Square Dashboard.Click Business > Service charges > Create a service charge.Name your charge, choose if you want a percentage-based charge (%) or a fixed service charge ($), and enter the amount of the charge.More items...

Can you charge for Zoom classes?

0:078:30Charge for Zoom Class (Full Tutorial) - YouTubeYouTubeStart of suggested clipEnd of suggested clipWe will use free accounts for zoom. And think epic. Just note that zooms free plan limits meetingsMoreWe will use free accounts for zoom. And think epic. Just note that zooms free plan limits meetings to 40 minutes maximum. And think if it's free plan is limited to three classes maximum.

How do online tutors get paid?

In most instances, you will enter in how many hours you tutored and get paid your hourly rate via direct deposit into your bank account or through PayPal. If you are getting your clients independently, sending in an invoice after each session is one way to go about it.

How much do online teachers charge?

Depending on their location and the market they cater to, newbies in the online ESL teaching field, for instance, typically charge from $12 to $15 hourly. On the other hand, teachers who have top-notch experience may charge up to $25 an hour or even more.

Who pays the transaction fee on Square?

When a customer makes a purchase through your Square Online Store, Square Online Checkout, eCommerce API, or pays an invoice online, the fee is 2.9% + 30¢ for cards or 1% with a minimum $1 per transaction for ACH bank transfers (via invoices only).

How much does Square charge per invoice?

Square's Fees by Payment TypePayment Type2.6% + 10¢2.9% + 30¢Invoices✖️✔Square eCommerce API✖️✔eCommerce Card on File payments✖️✔Square Checkout Links✖️✔14 more rows

Is Square or stripe better?

The main difference between Square and Stripe is that Square is best suited for in-person transactions, while Stripe is a developer-friendly platform best suited for e-commerce, subscriptions and other online payments.

How to use Square card reader?

You can process a credit card by: 1 Swiping the card through a Square Reader for Magstripe 2 Processing a chip card or a contactless payment using the Square Reader for contactless and chip 3 Accepting the payment using a Square Stand 4 Accepting the payment using Square Register 5 Accepting the payment using Square Terminal 6 Swipe or manually key-in a card on your computer 7 Send a Square Invoice from your computer or the Invoices app

How to process a credit card?

You can process a credit card by: Swiping the card through a Square Reader for Magstripe. Processing a chip card or a contactless payment using the Square Reader for contactless and chip. Accepting the payment using a Square Stand. Accepting the payment using Square Register.

Can I use my Square card if it is offline?

Yes. If your internet connection becomes interrupted or temporarily unavailable, enable Offline Mode to accept swiped card payments. The Square app securely stores the credit card details for 72 hours while the device is reconnected to a Wi-Fi network.

Can you swipe a card without a square reader?

If the card isn’t present, or you’re unable to swipe it, you can manually key in card payments without the Square reader. Other available options are sending your customer a Square Invoice or processing the payment using Virtual Terminal.

How many subscribers do you need to make a profit on a $10 monthly course?

If you were offering a $10 monthly subscription fee to access your online course, you would only need to have 3 course subscribers to be making profit. If you were offering a $49 once-off cost for lifetime access to your online course, you would only need 1 sale every 2 months to be making profit.

Why do people take online courses?

Online courses are a brilliant way to provide further value to your community while also increasing your business revenue. This additional income stream has also proven to be very lucrative, as the course work is done once, then resold many times over.

Can you sell more than 10 courses?

You cannot offer more than 10 Member Areas so in other words, you cannot sell more than 10 different courses. However, this could easily change in the near future. Your customer/student cannot use the same email address for different courses. They must sign up using a second email address for a second course.

Card processing fees explained

To process a sale, there are several types of set fees within a transaction. These are set not by Square but by cardholder banks and card networks. They are included as part of Square’s card processing fee. Learn more >

How Square processing fees work

Here’s a breakdown, using a blended rate, of where the money goes every time you make a sale.

Square tools and features

With Square, you benefit from many resources designed to help you run your business.

We advocate on your behalf

Merchants in the U.S. pay over $100 billion every year in interchange fees for electronic payments—a growth of 72% from 2009 to 2018. A large portion of these fees go toward paying cash back and other rewards programs for card members.

Calculate Surcharge Fees

Square applies a fee is taken out of the total amount of the transaction, including tax, tips, and any added surcharges.

Create and Apply Surcharges

You can create various service charges from your Dashboard and apply them on the Point of Sale app or the Invoices app.

Apply service charges to a sale

Once you create a service charge on your Square Dashboard, you can manually apply it to transactions from your Point of Sale, the Invoices app, or Square Dashboard. You can add service charges to orders that include items, custom amounts, or both. You cannot apply a service charge multiple times on the same sale or invoice, though.

A few words on our pricing

There’s no guessing with every transaction—what you see is what you pay, period. You can log in and see your Square rate at any time in your Dashboard.

Upgrade with all kinds of extras

From marketing to payroll, we have all kinds of tools and services to help you run and grow your business.

We do custom pricing, too

Our standard rates are designed for businesses that process less than $250,000 per year and have an average ticket size under $15. We design pricing packages for larger businesses depending on payment volume, average transaction size, your history as a Square seller, and more. Occasionally custom rates can be more than 2.6% + 10¢.

How to choose the topic of your course

When you’re trying to come up with the perfect course for your small business, there’s no need to start from scratch. After all, your clients are already telling you exactly what they want more of: the service or product they buy most often. Determine what that is, and reposition it as your signature online workshop.

Tips for creating the course content

Once you have a good feel for what your clients want, turn it into a course that works remotely. Looking at the above photography example, the business owner may decide to offer a live online workshop or create a pre-recorded video course that teaches people how to set up a simple photoshoot for themselves and take their headshots at home.

Basics of adding additional value

The momentum and engagement with your audience doesn’t have to end with your workshop — Member Areas can be key.

Strategies for upselling

If your Member Area is going to provide extra content outside of the course, the private Area can be positioned as a course upsell, or an additional cost that provides additional value. For example, the photographer may send an email to the attendees after the course is complete, letting them know their next course in the series will cover professional photo editing.

How much does Square charge for chargeback?

Most will charge you a fee for a chargeback as well — usually $15-$25 on top of what’s deducted to cover the transaction. Square even offers $250 per month in chargeback protection. This only applies to qualified transactions, however.

What is square platform?

Square is a comprehensive platform with many optional add-ons for businesses that want to expand its functionality. You don’t need these to process transactions, but they may be worth considering if they meet your business’s specific needs.

How much does Merchant 3 cost?

Merchant 3 is a retail store with multiple locations and a Square Register at each location. The store does around $10K/month in card sales, with an average ticket of $50. Let’s assume the Square Registers are still being paid off. Let’s also say Merchant 3 opted for the Square Retail Plus plan to get access to advanced inventory tools. That’ll cost $180/month. The three Square Registers will cost $117/month. The transaction costs, at 2.5% + $0.10, will run an average of $1.25 each. With around 200 transactions a month, the transaction cost per month will be around $250. In total, Merchant 3 is spending around $547/month on Square.

Why do businesses use flat rates?

Flat rates tend to, well, flatten your processing rates, making small transactions more expensive and larger transactions less expensive. While we recommend interchange-plus or subscription pricing in most cases, some businesses may appreciate the predictability of a fixed, flat-rate charge.

What is team management in Square?

Team Management is Square’s timekeeping add-on. It also supports user permissions so that you can restrict access to certain features as necessary. The permission levels are customizable, too, so you’re not locked into specific roles and abilities; just be aware that the free version only supports one set of permissions. Employee management has a tip reconciliation feature and is included at no extra charge in Square for Retail.

Why is Square so popular?

One of the reasons Square is so well regarded at Merchant Maverick and why it’s so popular with merchants is that the company makes it very easy to figure out exactly what you’re paying. There are no hidden fees or additional costs apart from processing fees and optional software. That said, you’ll want to make sure Square is still the best option for you. In particular, Square offers incredible value to businesses that want to process credit card transactions, but don’t necessarily make a lot of them. High-volume, low-ticket-sale businesses may find Square to be a bit on the expensive side.

How much does Square Terminal cost?

Square Terminal: An all-in-one device for processing payments. You can buy it for $299 or $27/month for 12 months. Square Register: A full-featured point of sale system that bundles payments, software, and hardware.

What is a 1-click upsell?

1-click-upsells: If you’re unfamiliar, a 1-click-upsell is an option presented to a buyer directly after they’ve bought your course. In order to add the presented upsell, a buyer just needs to click 1 button, they don’t need to add their credit card details or any other info again.

Do you need to integrate Squarespace with other software?

Even with a course hosting platform which covers pretty much everything you need to successfully run a course business, it will still need to integrate with other softwares. If you use Squarespace to host your course, you’re also definitely going to need to integrate it with other softwares.