I recently received the email with subject “Upcoming pricing changes to Square Gift Cards” that said in part:
For developers and partners that have integrated with our Gift Cards API, this means that the load fee will be charged to a seller for any API call that adjusts or otherwise updates a Square gift card’s balance, including instances where a 3P developer uses an external payments provider to process payments but uses Square Gift Cards to manage reporting or accounting.
In the interest of transparency, I would like to understand if ALL balance affecting transactions will result in fees, or only some of them.
Is Square able to indicate which of the following
gift_card_activity GiftCardActivityType transactions are subject to the 2.5% fee?
(I omitted the
GiftCardActivityType values that are not available to the API).
If fee determination is based on more than just the
GiftCardActivityType then please explain.