Pay As You Go processing from MidPay. No monthly fee, no contract, cancel anytime — just one low rate per transaction.
Nicolas is right — this is the plan that competes with Square's Pay As You Go, apples to apples.
| Feature | MidPay Pay As You Go | Square |
|---|---|---|
| In-person rate | 2.69% (swipe, dip, tap) | 2.6% + 10¢ |
| Keyed / online rate | 3.49% + $0.19 | 2.9% + 30¢ (online) |
| Monthly fee | $0 ($3.99/mo only after 12 months with no transaction) | $0 on the base plan |
| Contract | None — cancel anytime | None |
| Free hardware option | Yes — placed for free, or purchase outright | No — reader/terminal purchased |
| Funding speed | Same day or next business day | 1–2 business days (instant for a fee) |
Square figures are Square's published rates as of this writing — verify before relying on them, since rates change.
Honest math: on a $100 ticket the two are nearly identical. Pay As You Go pulls ahead on smaller tickets, where the flat per-transaction fee costs more for Square's model.
Prefer 0% instead? See the EDGE program →
Every Pay As You Go account comes with the full Payanywhere toolkit — no add-on fees.
Pick the device that fits how you take payments, then apply with that device.
Higher volume? Interchange-plus or dual pricing may cost less → See all pricing plans · Compare POS systems
Flat rate works best when volume varies and simplicity matters more than shaving fractions of a percent.
Recognize your business above? Start Pay As You Go →
It's one low rate per transaction, every time — no monthly fee and no contract. Swipe, dip, or tap is 2.69%. Keyed transactions, virtual terminal, and invoices/recurring payments are 3.49% + $0.19.
Square's published rate is 2.6% + 10¢ in person, 2.9% + 30¢ online (verify before relying on these — rates change). On a $10 ticket that's $0.27 with Pay As You Go versus $0.36 with Square. On a $100 ticket it's $2.69 versus $2.70 — close on larger tickets, and Pay As You Go pulls ahead on smaller ones.
No monthly fee and no contract — cancel anytime. There's only a $3.99/month inactivity fee, and only if there's been no transaction for 12 months straight.
Choose the 3-in-1 Bluetooth mobile reader (EMV chip, contactless, magstripe — pairs to your phone or tablet), the Smart Terminal (PAX A920 Pro, 5.5" display, handheld with printer), or the Smart Flex (PAX E600, 8" display, handheld or countertop with printer). Hardware is placed at your business for free, or you can choose to purchase it.
Food trucks, mobile services, salons and health & beauty businesses, contractors, pop-ups, and new businesses that want one simple, predictable rate instead of tracking interchange categories.
Apply online today — 2.69% swipe/dip/tap, no monthly fee, no contract.
Start Pay As You Go →