LockTrust vs Square
Flexible Payments for Growing Businesses
Square is popular with small retailers, but its fees and limited industry support don’t scale well for service businesses. LockTrust provides lower fees, better ACH options, and tailored solutions for marinas, RV parks, and studios.
LockTrust vs Square
Flexible Payments for Growing Businesses
Square vs LockTrust — What’s the Difference?
Square is popular with small retailers and restaurants thanks to its POS hardware, but it wasn’t built for service-based industries. If you run a marina, RV park, or studio, Square’s limited features and lack of ACH support may hold you back.
LockTrust offers the same flexibility in payments – with lower fees, ACH support, and specialized business tools to help you grow.
Comparison Table: LockTrust vs Square
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3.3% + $0.20
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4.39% + $0.20
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0.8% (capped at $5)
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$15 (often waived)
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$0
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Next-day
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24/7 direct support
Keyed-in transactions
International cards
ACH Payments
Chargeback Fees
No Contracts
Monthly Fees
Payout Speed
Industry-Specific Tools
Customer Support
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2.6% + $0.15
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1%, $1 min, $5 fee cap
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$0 (absorbed into higher processing rates)
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$0 - $149
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Next- day
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Limited phone support
Frequently Asked Questions
LockTrust vs Square
Yes. For many businesses, LockTrust’s 2.9% + $0.20 card fee is more cost-effective—plus we offer industry tools, which Square does not.
We focus on software and payments, not hardware. Many LockTrust merchants use existing terminals or our smart POS tied directly to our virtual terminal for flexibility.
Yes. LockTrust supports businesses of all sizes, but is especially valuable for industries that Square overlooks (like marinas, RV parks, and studios).
Yes. Subscriptions and recurring invoices are built into every account at no extra cost.
Make the Switch From Square
If Square’s limited features are holding your business back, it’s time to upgrade. LockTrust provides transparent pricing, ACH payments, and tools built for your industry.