Squarespace is a website builder and hosting platform that allows users to create and maintain professional-looking websites. One of the questions we get asked most frequently is whether Squarespace charges credit card fees. The answer is no – Squarespace does not charge credit card fees.
There are a few reasons why this might be the case. First, Squarespace is a subscription-based service. Users pay a monthly or yearly fee to use the Squarespace platform. This means that Squarespace has a recurring revenue stream, which is more predictable and stable than relying on one-time transactions.
Second, Squarespace takes a cut of each transaction that takes place on its platform.
This includes transactions made through ecommerce stores, booking services, and other third-party applications. When you factor in these transaction fees, it’s simply not cost-effective for Squarespace to also charge a credit card fee on top of that.
Finally, it’s worth noting that many payment processors (such as Stripe) charge their own fees for processing credit card payments. These fees are typically around 2-3% of the total transaction amount. By not charging its own credit card fee, Squarespace is able to keep its overall pricing lower than its competitors.
In conclusion, no – Squarespace does not charge credit card fees. There are a few reasons for this, including the fact that Squarespace is a subscription-based service with a recurring revenue stream, and that it takes a cut of each transaction that takes place on its platform.
