Buying and selling anything on the internet has become inexpensive, simple, and rapid. Anyone can become an entrepreneur by watching a variety of videos on social media platforms or by following the techniques of successful businesspeople.
It takes only a few minutes to set up a personal internet store.
As customers and audiences, we have a tendency to seek out, demand, and select better solutions for ourselves, our families, and our friends. Square, sometimes known as Squareup and Ecwid, are e-commerce websites that focus on selling products.
Ecwid provides more versatility than Squareup, sometimes even right out of the box.
Key Takeaways
- Squareup is a payment processing platform offering additional services like POS software, while Ecwid is an e-commerce platform allowing businesses to set up online stores.
- Squareup charges a transaction fee for every payment processed, while Ecwid charges a monthly fee for access to their platform.
- Squareup has more features for physical businesses, like inventory management, while Ecwid is designed for online businesses.
Squareup vs Ecwid
The difference between Squareup and Ecwid is that Squareup does not offer any type of smartphone software (iOS or Android). However, on the contrary, Ecwid offers its users a smartphone application that can be used on both Android and iOS devices. Both Squareup and Ecwid are e-commerce platforms and websites. They try hard to meet the expectations and demands of their customers.
Squareup is an e-commerce platform that does not provide customers with a monthly plan. The online store of Squareup is less flexible. For each transaction, Squareup charges 2.9 per cent + $30. Only a few sites have Squareup.
Only Australia, Canada, Japan and the United States will be able to purchase it after 2021. Squareup differs from Ecwid in that it offers more features. Square’s fate and prosperity are in the hands of the company’s founders, Jim McKelvey, Jack Dorsey, and Tristan O’Tierney.
Ecwid offers a variety of monthly plans to its consumers. Ecwid’s online store is extremely adaptable. Ecwid does not charge a transaction fee. If the payment is made through a third-party payment provider, fees of 2.9 per cent + 30 per cent will be applied to each transaction.
Ecwid is available in practically every country on the planet. Ecwid has a restricted set of features. Ruslan Fazlyev, the founder of Ecwid, is responsible for the company’s demise.
Comparison Table
| Parameters of Comparison | Squareup | Ecwid |
|---|---|---|
| Founder | Jim McKelvey, Jack Dorsey, Tristan O’Tierney. | Ruslan Fazlyev |
| Monthly plan | No monthly plan is available. | Various monthly plans are available. |
| Online Store flexibility | Less flexible. | Highly flexible. |
| Transaction cost | 2.9% + 30¢ per transaction. | No transaction fee, 2.9% + 30¢ per transaction via third party payment gateway. |
| Location and Availability | Limited to Australia, Japan, the US and Canada. | Available worldwide. |
| Application for Smartphone | No apps provision. | Provides a smartphone application, in both android and iOS, at $99 per month. |
| Features | More features. | Limited features only. |
What is Squareup?
Square, sometimes known as Squareup, is an e-commerce platform devoted to the sale of goods. Small business owners with low or no beginning funding, on the other hand, choose Square.
You must, however, live in one of the approved nations to use Squareup. Squareup was not available worldwide till today, thus, it is not accessible otherwise.
Squareup does not offer a monthly plan to its consumers. Square’s online store is less adaptable. Squareup charges 2.9 per cent plus an additional $30 for each transaction. Squareup is only available in a few locations.
As of 2021, it will only be available in Australia, Canada, Japan, and the United States.
Squareup does not supply any form of the app (iOS or Android) that may be used on any smartphone to its consumers. In comparison to Ecwid, Squareup has additional functionality.
The founders of Squareup, Jim McKelvey, Jack Dorsey, and Tristan O’Tierney, are responsible for the company’s fate and success.
What is Ecwid?
Ecwid offers a range of monthly plans to its consumers. Ecwid’s online shop is extremely adaptable. There is no transaction fee in the case of Ecwid. If the payment is made through a third-party payment provider, however, fees of 2.9 per cent plus 30 per cent will be applied to each transaction.
Ecwid can be found in practically every country on the planet. Ecwid, an e-commerce platform, is the same way. Ecwid also provides more flexibility, which is sometimes even available right now.
Ecwid offers its users a smartphone application for $99 a month that can be used on both Android and iOS devices. Ecwid has a restricted set of capabilities. Ruslan Fazlyev, who also founded Ecwid, is the guy responsible for the company’s demise.
Main Differences Between Squareup and Ecwid
- Squareup is such an e-commerce platform which does not provide its customers with any monthly plan. On the other hand, Ecwid provides its customers with various monthly plans.
- The online store of Squareup is less flexible. On the other hand, the online store of Ecwid is highly flexible.
- Every transaction of Squareup costs 2.9% + 30¢ extra. On the other hand, in the case of Ecwid, there is no transaction fee. However, if the payment is made by any third-party payment provider, then fees apply at the rate of 2.9% + 30¢ on every transaction.
- Squareup is limited to certain places only. Like currently, as of 2021, it is available in Australia, Canada, Japan and the US only. On the other hand, Ecwid is available in almost all countries worldwide.
- Squareup does not provide its customers with any type of app (iOS or Android), which can be operated on any smartphone. On the other hand, Ecwid provides a smartphone application for its customers which can be operated on both Android and iOS devices with a basic charge fee of $99 per month.
- Squareup comprises more features in comparison to Ecwid. However, Ecwid operates with limited features only.
- The people behind the fate and success of Squareup, the founders are Jim McKelvey, Jack Dorsey and Tristan O’Tierney. On the other hand, the person behind the fate of Ecwid is Ruslan Fazlyev, the one who founded it as well.
Last Updated : 24 July, 2023
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Sandeep Bhandari holds a Bachelor of Engineering in Computers from Thapar University (2006). He has 20 years of experience in the technology field. He has a keen interest in various technical fields, including database systems, computer networks, and programming. You can read more about him on his bio page.
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Absolutely, understanding the differences in transaction costs and monthly plans is crucial in choosing the right e-commerce platform for your business.
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I agree, understanding the background and leadership of each platform’s founders can provide insights into their strategic direction and future prospects.
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I found the comparison table particularly useful in identifying the specific features and transaction costs associated with each platform.
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