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PayPal vs Square

Updated June 2026 · A structured head-to-head comparison.

Send and accept payments worldwide.

Payments and POS for businesses.

The verdict

Both PayPal and Square are credible payment processing tools, and the right pick comes down to your priorities.

PayPal — Send and accept payments worldwide.

Choose Square if you'd rather have a lower starting price (free) and a free plan to start on. Payments and POS for businesses.

PayPal vs Square: side by side

DimensionPayPalSquare
Starting priceCustomFreeWinner
Free planNoYesWinner
Pricing modelUsage-basedUsage-based
Best forSmb, FreelancersRetail, Smb
PlatformsWeb, Ios, Android, ApiWeb, Ios, Android, Api
Rating4.4/54.5/5

PayPal key facts

Vendor
PayPal
Pricing
Usage-based — Custom
Free tier
No
Platforms
Web, Ios, Android, Api
Best for
Smb, Freelancers
Editor rating
4.4 / 5
Founded
1998
Headquarters
San Jose, CA, USA

Square key facts

Vendor
Block
Pricing
Usage-based — Free
Free tier
Yes
Platforms
Web, Ios, Android, Api
Best for
Retail, Smb
Editor rating
4.5 / 5
Founded
2009
Headquarters
Oakland, CA, USA

Frequently asked questions

Is PayPal better than Square?

Neither is universally better — Square edges ahead on overall rating, but the best choice depends on price, platforms, and your use case. See the side-by-side table above.

Is PayPal or Square cheaper?

Square is the more affordable of the two to get started, at free. PayPal starts at custom; Square starts at free.

Can PayPal replace Square?

Yes for most teams — both are payment processing tools with heavily overlapping features. The main trade-offs are pricing and platform support, covered in the comparison above.