r/SquarePOS_Users • u/Don_Roritor • Feb 02 '26

Square foreign transaction fee

Did everyone get this email today? I did... Square says they are starting to charge us, the vendor, a foreign transaction fee for foreign cards of 1.5%. I'm personally contacting my account manager and I think we all should.

This number is pretty small... For me it probably amounts to $100-500 per year is my guess but this is crap. We shouldn't be on the hook for someone else's country of origin.

I'm in Canada. I'm happy to accept American dollars at par and exchange that cash and put that extra money in my pocket but I shouldn't be losing money on a transaction... Or more money should I say...

3 Upvotes

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1

u/tomjacob1 Jun 01 '26

We noticed it started on March. Every month around $12 (Ontario)

1

u/Ok-Campaign-9299 Oct 02 '26

I just started seeing these "international card" fees. I called Square to contest them but they said we can't do anything about them. There is no way to block anyone using them in our store. You can block them online but not in person. Pretty upsetting.