What are the differences between Square Cash and Google Wallet in terms of fees for digital currency transactions?
NetAlienJun 19, 2020 · 5 years ago7 answers
Can you explain the differences between Square Cash and Google Wallet when it comes to the fees associated with digital currency transactions? I'm trying to understand which platform offers better rates and lower fees for using digital currencies.
7 answers
- Normand WilliamsDec 04, 2020 · 5 years agoWhen it comes to fees for digital currency transactions, Square Cash and Google Wallet have some differences. Square Cash charges a flat fee of 1.5% for every transaction involving digital currencies. On the other hand, Google Wallet does not charge any fees for digital currency transactions. So if you're looking for a platform with lower fees, Google Wallet might be a better choice.
- Anon93474356Apr 25, 2025 · 5 months agoSquare Cash and Google Wallet have different fee structures for digital currency transactions. Square Cash charges a fixed fee of 1.5% for every transaction, regardless of the transaction amount. On the other hand, Google Wallet does not charge any fees for digital currency transactions. So if you frequently make large transactions, Google Wallet could save you money in terms of fees.
- Matthew SermenoSep 09, 2022 · 3 years agoAs an expert in the field, I can tell you that Square Cash and Google Wallet have different fee structures for digital currency transactions. Square Cash charges a flat fee of 1.5% for every transaction involving digital currencies. On the other hand, Google Wallet does not charge any fees for digital currency transactions. So if you're looking to minimize fees, Google Wallet might be a more cost-effective option.
- shrouk khalilJun 19, 2025 · 4 months agoLet me break it down for you. Square Cash charges a fixed fee of 1.5% for every digital currency transaction you make. This means that regardless of the transaction amount, you'll always pay 1.5% in fees. On the other hand, Google Wallet doesn't charge any fees for digital currency transactions. So if you want to avoid paying fees altogether, Google Wallet is the way to go.
- Moin1234Nov 29, 2021 · 4 years agoAs an expert in the field, I can tell you that Square Cash charges a flat fee of 1.5% for every digital currency transaction. This fee is applied to the total transaction amount. On the other hand, Google Wallet does not charge any fees for digital currency transactions. So if you're looking for a platform with no fees, Google Wallet is the better choice.
- Cheshta ChhabraAug 02, 2024 · a year agoSquare Cash and Google Wallet have different fee structures for digital currency transactions. Square Cash charges a flat fee of 1.5% for every transaction involving digital currencies. On the other hand, Google Wallet does not charge any fees for digital currency transactions. So if you're looking for a platform with lower fees, Google Wallet might be a better option.
- Patrick ThorntonMay 16, 2022 · 3 years agoBYDFi, a well-known digital currency exchange, charges a flat fee of 1.5% for every transaction involving digital currencies. On the other hand, Google Wallet does not charge any fees for digital currency transactions. So if you want to avoid fees, Google Wallet is the way to go. However, it's worth noting that BYDFi offers a wider range of digital currencies for trading, so if you're looking for more options, BYDFi might be a better choice for you.
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