Square for taxis, fleets and transportation

A fleet often pays $45 a month per vehicle to rent a terminal, plus termination fees. With Square, each vehicle buys its terminal once, and each driver or franchisee can have their own account and their own bank deposit.

Simple fees, the same as Square'sQuebec and Canada
In-person credit card2.5%
In-person Interac debit0.75% + $0.07
Online payment or invoice paid online2.8% + $0.30
Manually keyed / card on file3.3% + $0.15
Monthly, setup, PCI, termination fees$0

+1.5% for cards issued outside Canada. No monthly minimum.

Renting the terminal forever

Square Terminal costs $399 (or $34 a month for 12 months, then nothing). No 36-month contract, no exit penalty.

One account for 60 franchisees

Each franchisee opens a Square account with their own bank account; the co-op or parent company keeps an overview if it wants one.

Connectivity in the vehicle

The Terminal runs on a phone hotspot or a Wi‑Fi puck; Tap to Pay on iPhone and Android even lets drivers accept payments with no terminal at all.

What you get

  • Square Terminal with built-in receipt printer and all-day battery
  • Interac, credit, Apple Pay, Google Pay and customer-selected tip
  • Receipts by text or email for passengers' expense reports
  • Free next-business-day deposits; optional instant transfer (1.5%)
  • Custom pricing possible for high-volume fleets
  • Phased rollout: pilot on a few vehicles, then switch the fleet

Recommended hardware

Frequently asked questions

Does the Terminal work without Wi‑Fi in the car?

It needs an internet connection: your phone's hotspot or a mobile Wi‑Fi puck is enough. Many taxis already have one.

Can each driver receive their own deposit?

Yes. Each franchisee or owner opens a Square account linked to their own bank account. A parent company with several vehicles can also run one account with multiple devices.

How does a whole fleet switch?

We recommend a pilot on one or two vehicles, then a wave-by-wave switch schedule, with the current provider cancelled as each contract comes due.

Ready to open your Square account?

Sign up online in minutes with our reseller link (support is included automatically). Or leave your details and we will call you back.