Both are strong choices. The short answer: pick Square if you are in-person sellers and retail. Pick Melio if you are managing accounts payable cash flow.
| Square | Melio | |
|---|---|---|
| In one line | Card readers, POS and online payments for physical businesses. | Pay vendors and bills by card even when they want checks. |
| Pricing | Free POS; 2.6% + 10c in person | Free ACH; card fees apply |
| Free tier | Yes | Yes |
| Best for | In-person sellers and retail | Managing accounts payable cash flow |
| Category | Payments & Invoicing | Payments & Invoicing |
| Website | squareup.com | melio.com |