Quick Answer

Square is better for new and lower-volume businesses wanting quick setup and a free POS app. Heartland is better for established SMBs at moderate volume who want interchange-plus pricing and a dedicated account manager.

Head-to-Head Comparison

Square vs Heartland

Square
Flat-Rate
Comprehensively Reviewed
vs
Heartland
Interchange-Plus
Comprehensively Reviewed

Square and Heartland both serve in-person small and mid-sized businesses, but with fundamentally different models. Square offers self-serve onboarding, a free POS app, and transparent flat-rate pricing — low barrier to entry, no dedicated account relationship. Heartland (a Global Payments company) offers interchange-plus pricing, a dedicated account representative, and industry-specific solutions for restaurants, retail, and healthcare — with a traditional merchant services relationship. Square suits businesses that want immediate access with minimal setup friction; Heartland suits businesses that want dedicated support and pricing cost optimization at moderate volume.

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Last reviewed: July 2026

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Why merchants compare theseGeneral SMB

Both serve SMB merchants with payment processing. Square offers flat-rate; Heartland offers more traditional pricing.

Simple flat-rate POS (Square) vs. full-service traditional processor (Heartland).

Best Fit Scenarios

Square may be a better fit when…

Choose Square if you want to start accepting payments quickly with no setup friction, a free POS app, and transparent flat-rate pricing.

View Square profile

Heartland may be a better fit when…

Choose Heartland if you want interchange-plus pricing cost transparency, a dedicated account relationship, and industry-specific payment support for restaurants, healthcare, or professional services.

View Heartland profile

Side-by-Side Comparison

Factor
Square
Heartland

Onboarding speed

Square's self-serve signup gets you processing in minutes.

Edge

Pricing model

Heartland uses interchange-plus; Square uses flat-rate.

Edge

Dedicated account support

Heartland assigns dedicated account managers; Square is primarily self-serve.

Edge

Free POS app

Square offers a free POS app with basic features at no monthly cost.

Edge

Moderate-volume cost

Heartland's interchange-plus model can produce lower effective rates at moderate volume.

Edge

Industry specialization

Heartland offers industry-specific solutions for restaurants, healthcare, and education.

Edge

"Edge" indicates a relative advantage based on publicly available information. Verify all details directly with each provider before making a decision.

Provider Details

Detail
Square
Heartland
Pricing Model
Flat-rate
Interchange-plus
Monthly Fee
Free standard plan with paid tiers for some products; published on Square's site. Verify current rates directly.
Interchange-plus pricing; monthly fees vary by account and plan. Verify directly with Heartland.
In-Person Rate
Flat in-person per-transaction pricing is published on Square's fees page. Verify current rates directly.
Interchange-plus in-person pricing; rates vary by account and card type. Verify directly.
Online Rate
Flat online per-transaction pricing is published on Square's fees page. Verify current rates directly.
Interchange-plus online pricing; rates vary by account. Verify directly.
Contract
No long-term contracts on standard accounts; month-to-month. Confirm current terms directly.
Contract terms vary by account; early termination fees may apply. Verify directly with Heartland.
In-Person Payments
Yes
Yes
Online Payments
Yes
Yes
Ecommerce
Yes
Yes
Subscription Billing
Yes
Yes
POS Hardware
Yes
Yes
Public Pricing
Yes
No

Data sourced from publicly available information. Fields marked "Research in Progress" are not publicly confirmed. How we verify data.

Pricing Guidance

Square uses flat-rate pricing with a free tier. Heartland uses interchange-plus — actual interchange plus a Heartland markup. At moderate volume ($20,000+/month), Heartland's interchange-plus typically produces a lower effective rate, but additional account fees can offset savings at lower volumes.

Recommended reading before making a pricing decision:

Advantages & Considerations

Square

  • Free POS app with no monthly fee on the basic plan
  • Instant self-serve signup — processing in minutes
  • Transparent published pricing — easy to understand before signing up
  • Broad hardware options at accessible price points

Considerations

  • Flat-rate can cost more than interchange-plus at moderate-to-high processing volume
  • No dedicated account manager on standard plans

Heartland

  • Interchange-plus pricing with greater cost transparency than flat-rate
  • Dedicated account management relationship with industry expertise
  • Industry-specific solutions for restaurants, healthcare, and education
  • Established SMB merchant services provider with long track record

Considerations

  • Rates require a sales conversation — not self-serve with published pricing
  • Onboarding more involved than Square's instant self-serve signup

Advantages and considerations are based on publicly available information. Verify all details directly with each provider.

Frequently Asked Questions

Is Square or Heartland better for a restaurant?

Both can serve restaurants. Square for Restaurants offers a full POS product with transparent pricing. Heartland has restaurant-specific solutions with dedicated account support. For small restaurants wanting quick setup, Square is easier. For restaurants wanting interchange-plus cost optimization and a dedicated account manager, Heartland is worth evaluating.

Is Heartland more expensive than Square?

Not necessarily. Heartland's interchange-plus model can produce lower effective rates than Square's flat-rate at moderate processing volume. At low volume, Square's flat-rate may be more cost-effective because Heartland may have additional account fees. Use the Cost Calculator to estimate based on your numbers.

Is Square or Heartland better for a healthcare practice?

Heartland has healthcare-specific solutions including patient payment workflows and HIPAA-aware practices. Square does not specialize in healthcare. For a healthcare practice, Heartland's industry-specific offering is the stronger choice.

Does Heartland require a long-term contract?

Heartland has offered longer-term agreements for some products. Contract terms vary by product and relationship. Always verify current contract terms directly with a Heartland representative before signing.

Is Heartland a small company?

No. Heartland is a brand of Global Payments Inc., a large publicly traded payment technology company (NYSE: GPN) with operations worldwide.

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Editorially Independent — ProcessorFit does not accept payment for rankings or recommendations. Every provider profile is researched independently using publicly available information. Editorial Policy · Research Methodology