Square is for checkout. Nickel runs your business
Tired of ACH fees, payment holds, and slow approvals? Nickel gives you unlimited free ACH, handles large transactions with ease, and offers real support when it counts
Nickel vs. Square, feature by feature.
Core Features
Three* reasons customers choose Nickel over Square
*There are a lot more than three
Truly unlimited free ACH payments. Send and receive ACH payments for free. No monthly caps or restrictions.
High value transactions. Process large payments up to $1M each without a hiccup or surprise holds.
Transparency & live support. Nickel is upfront about the status of your payments and you're never left guessing.
Rated above what you're using now.
Hundreds of 5-star G2 reviews from businesses that switched and never looked back.
“Nickel doesn't charge hidden fees and links to Quickbooks seamlessly”
“Nickel makes payments to other businesses easy and offers amazing support.”
“Best AR/AP platform I have ever used.”
One platform for your cashflow.
Invoice Payments
Request upfront, deposits, and milestone payments on any invoice.
Payment Page
Launch payment page for any product or service with no code.
Auto Pay
Save bank or card details on file and auto charge customers without the wait.
Bill Pay
Pay any business or 1099 contractor globally with card, ACH, wire or check.
Vendor Onboarding
Collect and verify vendor bank, business and tax details with a secure link.
Integrations and API
Sync with Quickbooks Online, Desktop, CRMs and all major US banks.
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Enable Nickel Balance. Earn 2% on idle cash and send and receive payments instantly.
Frequently asked questions
How do I switch from Square to Nickel?
Sign up for Nickel and connect your QuickBooks account. If you were using Square for invoicing, you can recreate your invoices in Nickel (or let QuickBooks sync them over) and start sending Nickel payment links. Most businesses are live within a day. Square doesn't have a direct data export to Nickel, but QuickBooks bridges the two.
How long does it take to be fully live after switching?
Most businesses send their first Nickel invoice on day 1. QuickBooks integration takes about 5 minutes. If you're setting up AP (vendor payments), your vendors need to fill out their onboarding links, which usually takes a day or two. You don't have to wait for everything to be fully onboarded before you start collecting payments.
Does Nickel offer the same payment types as Square?
Mostly. Nickel covers ACH (free), credit and debit cards (2.9%), Apple Pay and Google Pay (no extra fee), and mailed checks ($2). For paying vendors, Nickel also supports international wires ($25). Square's core strength is in-person card processing with physical terminals. Nickel doesn't do in-person POS. If your payments are invoice-based and B2B, Nickel is built specifically for that.
Does Nickel require a merchant account?
No, Nickel doesn't require a separate merchant account. You sign up, verify your business, and start processing payments. There's no third-party gateway to set up and no underwriting delay.
My processor put a hold on a large payment once. Will Nickel do the same?
We can't guarantee that Nickel will never hold a suspicious payment, but because our infrastructure is built for small businesses processing large payments, holds are far less likely here. If one ever happens, our support team is highly responsive and will contact you directly.
Ready to leave Square behind?
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