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How much will you pay in Square fees?

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For in-person payments with a card, Square charges a fee of 2.6% + $0.10 per transaction.
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For manually-entered payments or card-on-file payments, Square charges a fee of 3.5% + $0.15 per transaction.
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Online payments
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For online payments or payments via invoice, Square charges a fee of 2.9% + $0.30 per transaction. (If you're signed up for the Premium plan, the percentage fee is lower at 2.6%.)
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M

IAMI, November 9, 2023 —  Novo, the powerfully simple financial solutions platform for small businesses, today announced an integration with Amazon that enables Novo customers to seamlessly track sales and revenue metrics directly from their Novo accounts.

“The majority of today’s e-commerce businesses sell on multiple platforms, which can make tracking all of their sales data time-consuming and challenging,” said Brad Paterson, EVP of Marketing and Partnerships at Novo. “At Novo, we’re developing an ecosystem of integrations to help these small businesses to save time by gaining instant visibility into their revenue and overall financial health directly through their Novo account.”  

More than 30,000 of Novo’s customers use Amazon as a sales channel, making it one of the most used e-commerce platforms amongst our 200,000 small business customers. Through the integration, Novo customers will be able to immediately see total sales, number of items ordered, and average order amount in the Novo dashboard. 

Amazon is the latest in a range of e-commerce integrations offered through the Novo platform. Additional e-commerce integrations include Stripe, Shopify, PayPal, and Square.

About Novo

Novo Platform, Inc. (“Novo”) is the powerfully simple financial solutions platform for small businesses. To learn more, visit www.novo.co.

Disclosure

Novo is a fintech, and not a bank. Novo acts as a service provider to Middlesex Federal Savings, F.A., and the deposit and banking products obtained through the Novo platform are provided by Middlesex Federal Savings, F.A.

Middlesex Federal Savings, F.A. is a federal savings bank and an FDIC-insured depository institution (FDIC Certificate 28368). Deposits made at Middlesex Federal Savings, F.A. through the Novo platform receive FDIC insurance protection on a pass-through basis up to the applicable legal limit. When determining the amount of your deposits covered by FDIC insurance, please note all deposits you make through the Novo platform will be aggregated with all deposit accounts of the same ownership and/or vesting held at Middlesex Federal Savings, F.A. and Middlesex Federal Savings, F.A. brands. Additional information regarding FDIC insurance coverage is available at www.fdic.gov.

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Updated 
November 9, 2023
 in 
Company News
 category

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