Melio vs Square: which should you pick in 2026?

Both are strong choices. The short answer: pick Melio if you are managing accounts payable cash flow. Pick Square if you are in-person sellers and retail.

MelioSquare
In one linePay vendors and bills by card even when they want checks.Card readers, POS and online payments for physical businesses.
PricingFree ACH; card fees applyFree POS; 2.6% + 10c in person
Free tierYesYes
Best forManaging accounts payable cash flowIn-person sellers and retail
CategoryPayments & InvoicingPayments & Invoicing
Websitemelio.comsquareup.com

Melio details Square details

Other options

StripePayPalWise BusinessBill.com