Difference Between Squareup and Shopify

Squareup and Shopify are both a system that provides POS system support to needed. Both merchant solution apps provide services to merchants to facilitate their sales both online and in-person. Though in many ways Sqaureup and Shopify are the same but difference arises when we look into pricing. Squareup is also known as Square. Squareup’s pricing is much lesser while Shopify charges much higher in every part of the services.

The first difference which comes to notice is the pricing at which the services are provided. Squareup takes no monthly subscription fee while Shopify charges a monthly fee starting from $29.Shopify is seen to be very good for new sellers, small retailers, and foodservice businesses. While on the other hand Squareup provides or acts as a much better option for Larger retailers and online merchants.

Squareup vs Shopify

The main difference between Squareup and Shopify is that one can be used with its payment processor only while the other can be used with other payment processors. Another difference can be noted that Squareup is available only in seven counties but Shopify is available in around 175 countries.

Squareup vs Shopify

Squareup at its core is a payment processing service provider thus we can only use squareup if we use its payment processor. The services of Squareup is available in only seven countries i.e. the US, UK, Ireland, Canada, Australia, and France which makes it impossible for other country users to use it.

Shopify can be used with Shopify’s in-house payment processor and other payment processors in conjugation with Shopify. Shopify is available to serve the merchant services in around 175 countries but the payment services are available in only around 17 countries. The countries with no paid services can use non-Shopify payment processes.

Comparison Table Between Squareup and Shopify

Parameters of Comparison SquareupShopify
Payment processing fee Online processing fee starting from 2.9% plus $0.30 while swiped or dipped or tapped fee starts from 2.6% plus $0.10 Online processing fee starting from $2.9 plus $0.30 while swiped or dipped or tapped fee starts from 2.7%
Monthly subscription Doesn’t have any minimum monthly fee ($0) Starts at $29
Credit card reader Fee charged is in between $0 to $49 Fee charged is in between $29 to $49
Chargeback fee No chargeback fee $15 is the chargeback fee
Refund fee No refund fee is charged The transaction fee is deducted as a refund fee

What is Squareup?

Squareup is a service provider of POS system which though seems similar to Shopify but are different in many features. Squareup doesn’t charge any minimum subscription or monthly charge. Squareup doesn’t support other payment processors except for its payment processor. It is also available only in seven countries.

Squareup have system is particularly robust and is more focused on industry-specific apps. It also provides more features in industry-specific apps more than Shopify. Squareup is seen to be ideal for small retail establishments or businesses or restaurants. 

The shipment or movement regions are to be manually set according to the requirement. This further can be controlled according to the place and rates setting the charges or offers of free shipment. People can use this best if they want to use an online selling system without any monthly fee. For shipping Squareup, we get USPS, UPS, DHL Express and FedEx along with many shipping discounts.

Squareup provides a very solid POS system with an inventory system along with great team management and very useful offline management as well. Along with no monthly fee in Squareup we get free domain for one year only with a professional subscription or subdomain is also available for free.

What is a Shopify?

Shopify is also a POS system service provider. This is one of the best online places to keep your business. Shopify acts as the best e-commerce for a business that has online working as its backbone. This also focuses on large retailers and is the better choice when you need a system that can handle complex inventories.

The payment method of Shopify is much more flexible than Squareup as it allows third-party payment processors. Shopify charges a little extra for using third-party payment processors but helps the users to be flexible in payment. The payment facilities of Shopify is available in only 17 countries but the services of Shopify is available in around 175 countries.

The availability of Shopify in such a large number of countries makes it more prone to large retailers. With just extra charges of 0.5% to 2% (depending on the plan) the user can use it. Shopify also has a very user friendly and easy to use design which is easy to handle even for newcomers Shopify provides 24/7 customer service.

Shopify provides a very strong POS system and more than 2,000 integration though sadly this doesn’t provide any free plan and industry-specific apps but is perfect for e-commerce merchants when we go through these features. Shopify also provides a great system of shipment which gives the customers perfect rates. 

Main Differences Between Squareup and Shopify

  1. Favourable Squareup users of payment processors if needed can transfer to this services while users who need a POS app with a facility of a multi-device without extra charges can go for Shopify.
  2. Users who need an online selling platform without paying any monthly fee fits best for Squareup while users who are building large and complex e-commerce site fits best for Shopify.
  3. Squareup works best for users who own a restaurant business while Shopify works best for large retailers who need the best e-commerce services.
  4. Squareup doesn’t provide any customer services but Shopify provides the security of providing 24/7 customer services.
  5. Squareup provides no monthly pricing while Shopify provides very high pricing but both the service providers charges all other features mostly the same.
  6. Squareup doesn’t provide any third-party transaction processor but users of Shopify can connect third-party payment processors with it by paying some charges.

Conclusion

Every user has their own need for their works. Squareup and Shopify though seem similar but plays different role and also is useful to different people. One gives online or e-commerce supports more while the other gives free monthly online selling support. 

Users before choosing either Squareup or Shopify should first list their needs and what are the features they require. Both of these services are best but only can work at their height if used in a place it belongs.

References

  1. https://link.springer.com/content/pdf/10.1007/978-1-4842-2641-4.pdf
  2. https://dial.uclouvain.be/downloader/downloader.php?pid=thesis%3A25661&datastream=PDF_01&cover=cover-mem
  3. https://www.indianjournals.com/ijor.aspx?target=ijor:zijmr&volume=8&issue=12&article=002
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