---
description: Quickly find and compare the leading Square Payments vs Preferred Payments alternatives. Comprehensive listing of competitors & similar tools for fast software selection and to contact several providers directly.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/getapp/og_logo-94fd2a03a6c7a0e54fc0c9e21a1c0ce9.png
title: Compare Square Payments vs Preferred Payments | GetApp Canada 2026
---

Breadcrumb: [Home](/) > [Payment Processing Software](/directory/23/payment-management/software) > [Square Payments \<span\>vs\</span\> Preferred Payments](https://www.getapp.ca/compare/112251/126995/square-payments-processing/vs/preferred-payments)

# Compare Square Payments vs Preferred Payments

Canonical: https://www.getapp.ca/compare/112251/126995/square-payments-processing/vs/preferred-payments

> Detailed comparison between Square Payments and Preferred Payments. Check ratings, reviews, pricing, and features to make the best decision for your business.

-----

## At a Glance

| Metric | Square Payments | Preferred Payments |
| **Overall rating** | 4.7/5 | 5.0/5 |
| **Total Reviews** | 2716 | 1 |
| **Starting Price** | - | - |
| **Free Trial** | No | Yes |
| **Free Version** | Yes | Yes |
| **Deployment** | Cloud, SaaS, Web-based, Android (Mobile), iPhone (Mobile), iPad (Mobile) | Cloud, SaaS, Web-based, Mac (Desktop), Windows (Desktop), Android (Mobile), iPhone (Mobile), iPad (Mobile) |
| **Support** | Email/Help Desk, FAQs/Forum, Knowledge Base Software, Phone Support, Chat | Email/Help Desk, FAQs/Forum, Knowledge Base Software, Phone Support, 24/7 (Live rep), Chat |
| **Training Software** | In Person, Documentation, Videos | In Person, Live Online, Documentation |

## Key features

### Square Payments

- ACH Payment Processing
- API
- Activity Dashboard
- Compliance Management
- Credit Card Processing
- Cryptocurrency Processing
- Data Security
- Debit/Credit Card Processing
- Electronic Signature
- In-Person Payments
- Mobile Payments
- Online Payments
- PCI Compliance Software
- Partial Payments
- Payment Fraud Prevention
- Payment Links
- Recurring/Subscription Billing
- Reminders
- Reporting & Statistics
- Reporting/Analytics

### Preferred Payments

- ACH Payment Processing
- API
- Activity Dashboard
- Compliance Management
- Credit Card Processing
- Cryptocurrency Processing
- Data Security
- Debit/Credit Card Processing
- Electronic Signature
- In-Person Payments
- Mobile Payments
- Online Payments
- PCI Compliance Software
- Partial Payments
- Recurring/Subscription Billing
- Reporting & Statistics
- Reporting/Analytics

## Links

- [View Square Payments Profile](https://www.getapp.ca/software/112251/square-payments-processing)
- [View Preferred Payments Profile](https://www.getapp.ca/software/126995/preferred-payments)
- [View Original Comparison](https://www.getapp.ca/compare/112251/126995/square-payments-processing/vs/preferred-payments)

-----

## Structured Data

<script type="application/ld+json">
  {"@context":"https://schema.org","@graph":[{"name":"Compare Square Payments vs Preferred Payments | GetApp Canada 2026","description":"Quickly find and compare the leading Square Payments vs Preferred Payments alternatives. Comprehensive listing of competitors & similar tools for fast software selection and to contact several providers directly.","url":"https://www.getapp.ca/compare/112251/126995/square-payments-processing/vs/preferred-payments","about":[{"@id":"https://www.getapp.ca/software/112251/square-payments-processing#software"},{"@id":"https://www.getapp.ca/software/126995/preferred-payments#software"}],"breadcrumb":{"@id":"https://www.getapp.ca/compare/112251/126995/square-payments-processing/vs/preferred-payments#breadcrumblist"},"@id":"https://www.getapp.ca/compare/112251/126995/square-payments-processing/vs/preferred-payments#webpage","@type":["WebPage","CollectionPage"],"isPartOf":{"@id":"https://www.getapp.ca/#website"},"inLanguage":"en-CA","publisher":{"@id":"https://www.getapp.ca/#organization"}},{"name":"Square Payments","description":"Square Payments is an online payment processing solution which integrates with Square hardware and POS software to allow businesses to accept various payment types. Businesses can use Square Payments to make transactions from any location, deposit payments from all major credit cards, send invoices, store payment details for recurring customers, sell through e-commerce platforms, and more through integration with other Square tools and third party applications.\n\nIn order to facilitate the acceptance of any type of payment, Square Payments provides tools for managing chip cards, NFC payments, magstripe, remote payments, cash deposits, and more, meaning businesses can offer more flexibility to their customers. Users can integrate with Square’s card reader hardware and POS application to process payments anywhere, and in any way that customers wish to pay. Payments can also be handled remotely by keying in payments even when offline and, utilizing Square hardware, merchants can accept credit cards, NFC payments, gift cards, and more.\n\nSquare Payments provides automatic security measures including PCI compliance, chargeback protection, account takeover protection, fraud monitoring and detection, and more, so that both businesses and their customers can rest assured their accounts and data are safe when completing transactions.","image":"https://gdm-catalog-fmapi-prod.imgix.net/ProductScreenshot/6cbcc0f8-67c6-4ca1-9547-f544ad050262.png","url":"https://www.getapp.ca/software/112251/square-payments-processing","@id":"https://www.getapp.ca/software/112251/square-payments-processing#software","@type":"SoftwareApplication","publisher":{"@id":"https://www.getapp.ca/#organization"},"applicationCategory":"BusinessApplication","aggregateRating":{"@type":"AggregateRating","ratingValue":4.7,"bestRating":5,"ratingCount":2716},"operatingSystem":"Cloud, Android, Platform ios, Platform ipad"},{"name":"Preferred Payments","description":"Preferred Payments is a payments processing solution designed to help businesses of all sizes manage processes related to credit card payments, gift cards, point of sale (POS) transactions, loyalty programs, and more. The platform comes with an ACH and eChecks functionality, which enables enterprises to set up specific amounts and dates for memberships, subscriptions, and recurring bills.\n\nPreferred Payments includes tokenization and P2P encryption measures, which facilitate data security by replacing sensitive information with unique identification symbols and storing it in an off-site digital vault. The solution offers a host of features such as mobile payments, PCI compliance management, inventory management, eSignatures, fraud security, and more. The centralized dashboard allows administrators to view transactions, customer data, reseller details, and maintenance notifications, and add/modify users.\n\nPreferred Payments offers reporting and analytics tools, which lets businesses gain insight into settlements, credits/debits, deposits, and month-end statements. Plus, it integrates with QuickBooks POS, shopping carts, and various third-party systems via the application programming interface (API).","image":"https://gdm-catalog-fmapi-prod.imgix.net/ProductScreenshot/aa645620-ae03-4fba-a02a-8d612b02c84d.png","url":"https://www.getapp.ca/software/126995/preferred-payments","@id":"https://www.getapp.ca/software/126995/preferred-payments#software","@type":"SoftwareApplication","publisher":{"@id":"https://www.getapp.ca/#organization"},"applicationCategory":"BusinessApplication","aggregateRating":{"@type":"AggregateRating","ratingValue":5.0,"bestRating":5,"ratingCount":1},"operatingSystem":"Cloud, Apple, Windows, Android, Platform ios, Platform ipad"},{"@id":"https://www.getapp.ca/compare/112251/126995/square-payments-processing/vs/preferred-payments#breadcrumblist","@type":"BreadcrumbList","itemListElement":[{"name":"Home","position":1,"item":"/","@type":"ListItem"},{"name":"Payment Processing Software","position":2,"item":"/directory/23/payment-management/software","@type":"ListItem"},{"name":"Square Payments vs Preferred Payments","position":3,"item":"https://www.getapp.ca/compare/112251/126995/square-payments-processing/vs/preferred-payments","@type":"ListItem"}]}]}
</script>