Whop vs Square
Square is a point-of-sale company that also processes online; Whop is an online commerce platform that also takes one-off in-person payments on an iPhone. They overlap only for businesses selling services or digital access online through Square. There, Whop is cheaper than Square's free plan by 0.6 points and includes subscriptions and delivery. For anything with a counter, Square.
Published rates side by side
| Whop | Square | |
|---|---|---|
| Online card | 2.7% + $0.30 | 3.3% + $0.30 Free / 2.9% + $0.30 Plus |
| In-person | 2.7% + $0.05 Tap to Pay on iPhone, one-time only | 2.6% + $0.15 Free / 2.5% + $0.15 Plus |
| Keyed / card on file | — | 3.5% + $0.15 |
| ACH | 1.5%, max $5 | 1% invoices, $1 min |
| Hardware | None (iPhone) | Readers, terminals, registers |
| Monthly fee | None | Free / $49 / $149 per location |
Monthly fees by volume
$10,000 a month · $75 average order · ≈133 orders
| Platform | Rate | Fees / month | Effective rate | You keep |
|---|---|---|---|---|
| Whop online | 2.7% + $0.30 | $309 | 3.09% | $9,691 |
| Square online (Free) online | 3.3% + $0.30 | $369 | 3.69% | $9,631 |
| Square online (Plus) per location | 2.9% + $0.30 + $49/mo | $378 | 3.78% | $9,622 |
$50,000 a month · $75 average order · ≈667 orders
| Platform | Rate | Fees / month | Effective rate | You keep |
|---|---|---|---|---|
| Whop online | 2.7% + $0.30 | $1,551 | 3.1% | $48,449 |
| Square online (Free) online | 3.3% + $0.30 | $1,851 | 3.7% | $48,149 |
| Square online (Plus) per location | 2.9% + $0.30 + $49/mo | $1,700 | 3.4% | $48,300 |
$100,000 a month · $75 average order · ≈1,333 orders
| Platform | Rate | Fees / month | Effective rate | You keep |
|---|---|---|---|---|
| Whop online | 2.7% + $0.30 | $3,099 | 3.1% | $96,901 |
| Square online (Free) online | 3.3% + $0.30 | $3,699 | 3.7% | $96,301 |
| Square online (Plus) per location | 2.9% + $0.30 + $49/mo | $3,348 | 3.35% | $96,652 |
$250,000 a month · $99 average order · ≈2,525 orders
| Platform | Rate | Fees / month | Effective rate | You keep |
|---|---|---|---|---|
| Whop online | 2.7% + $0.30 | $7,507 | 3% | $242,493 |
| Square online (Free) online | 3.3% + $0.30 | $9,007 | 3.6% | $240,993 |
| Square online (Plus) per location | 2.9% + $0.30 + $49/mo | $8,056 | 3.22% | $241,944 |
$1,000,000 a month · $99 average order · ≈10,101 orders
| Platform | Rate | Fees / month | Effective rate | You keep |
|---|---|---|---|---|
| Whop online | 2.7% + $0.30 | $30,030 | 3% | $969,970 |
| Square online (Free) online | 3.3% + $0.30 | $36,030 | 3.6% | $963,970 |
| Square online (Plus) per location | 2.9% + $0.30 + $49/mo | $32,079 | 3.21% | $967,921 |
$5,000,000 a month · $149 average order · ≈33,557 orders
| Platform | Rate | Fees / month | Effective rate | You keep |
|---|---|---|---|---|
| Whop online | 2.7% + $0.30 | $145,067 | 2.9% | $4,854,933 |
| Square online (Free) online | 3.3% + $0.30 | $175,067 | 3.5% | $4,824,933 |
| Square online (Plus) per location | 2.9% + $0.30 + $49/mo | $155,116 | 3.1% | $4,844,884 |
Migration
What moves and what breaks when leaving Square: migration guide. Generic sequence: checklist.
Ask Whop for a volume rate
Published rates are the ceiling; Whop's network team quotes custom pricing for larger businesses.
Talk to Whop about migratingWhop Network · 2.7% + $0.30 · custom rates at volumePartner link · free to start · no monthly fee
Frequently asked questions
Is Whop cheaper than Square?
On published domestic rates, Whop's 2.7% + $0.30 base is below Square. The tables above compute the difference at $10k–$5M a month, including Whop's optional managed tax where relevant.
Is Whop a merchant of record like Square?
No. Whop offers a 2% managed tax service that calculates, collects and — in the US, EU and UK — remits, but you remain the seller. What that means.
Written by Karel Moreau, editor of Migrate Payments. Fees and policies re-checked against the providers' published pricing pages on 20 September 2026. Spotted a change? karel.moreau@migratepayments.com.