Home Merchant cash advance Clover 2021 Credit Card Processing Review

Clover 2021 Credit Card Processing Review



Price 2.0 / 2
Contract 2.0 / 2
PCI compliance 1.75 / 2
Early termination fees 1.0 / 2
Quick deposits 2.0 / 2
Editor’s Note 8.75 / 10

Clover credit card processing prices and conditions

When it comes to accepting credit cards and debit card payments, small businesses naturally focus on price. After all, you don’t want to overpay for a service that’s supposed to get you paid, or find yourself stuck in a long-term contract with high fees for early cancellation. Clover takes much of the guesswork out of credit card processing with its flat rate pricing. The amount you pay to process customer payments depends on the capabilities of the POS software you need.

Clover offers two point-of-sale software packages as well as credit card processing. Register Lite is Clover’s plan for start-up businesses. The Register plan has more features, including inventory, employee and customer management, and reporting.

Clover offers several service plan options. Source: clover

  • Register Lite: This plan is $ 9.95 per month, after a 30 day free trial. You pay 2.7% + $ 0.10 per transaction for in-person purchases and 3.5% + $ 0.10 for payments made virtually or entered by hand. Clover offers 24-hour customer support by phone, live chat, and email as part of the Register Lite plan. You can also set employee permissions, track sales, generate reports, and access the Clover App Market on that plan. The Clover App Market has a ton of integrations that cover every aspect of your business, from payroll to COVID-19 resources.
  • Register: This plan costs $ 39.95 per month and includes the entire Register Lite package, plus the ability to manage inventory, tools for building customer loyalty programs, and advanced reporting capabilities. Transactions cost 2.3% + $ 0.10 for in-person purchases and 3.5% + $ 0.10 for online and foreclosed purchases. We love that Clover includes features specifically for its restaurant and retail customers, such as the ability to send orders directly to the kitchen, manage tables and staff, connect to a scale, allow customers to exchange items and track products and profitability. Some of these features may require the purchase of specific Clover hardware.
  • Virtual terminal: For small businesses that accept online or invoice payments, Clover offers a virtual terminal for $ 9.95 per month (free for the first 30 days). You can use it to accept payments without any point of sale hardware. Using Clover’s web-based dashboard, you can accept payments, send invoices, and speed up payment by storing customers’ card information.

Clover offers virtual terminals that allow you to accept payments online. Source: clover

Clover’s contracts are monthly. You are not locked into a long term contract like you would be with other credit card processors. To cancel your service, you must provide written notice to Clover 30 days before your payment is due.

adviceAdvice: You can set up a virtual terminal with Clover to accept debit and credit card payments online without any point-of-sale system hardware.

Point of sale material

One of the reasons we picked Clover as the best point-of-sale credit card processor is that it makes and sells a lot of point-of-sale hardware. It also has a team of resellers, which means you can shop around your Clover POS equipment to find the best price. Here’s a look at what Clover charges if you buy your gear directly from the credit card processor. [Check out our reviews of the best point-of-sale systems.]

  • Go clover: This entry-level card reader lets you accept payments on the go. It works with both iOS and Android devices and can be used on either of Clover’s point of sale software plans. The Clover Go costs $ 69.
  • Clover Flex: This is Clover’s handheld device that can be used to make payments at checkout, online or at the table. Clover Flex costs $ 499 or three monthly installments of $ 166.
  • Mini Clover: The Clover Mini is a small point of sale that you can use to accept payments, manage inventory, and manage payroll. It costs $ 749 or three monthly installments of $ 250.
  • Clover Station: This all-in-one point of sale is designed for restaurants. You can create custom orders, split checks, and support online orders with this terminal. The Clover Station costs $ 1,349 or three monthly installments of $ 450.
  • Clover Pro Station: The Station Pro is Clover’s most advanced terminal, with features like the ability to create loyalty programs and pre-authorize bar tabs. It costs $ 1,649 or three monthly payments of about $ 549.

Clover credit card processing features

Clover has several features that make it a better choice. Here is an overview of the main ones that can be useful for small businesses.

Clover makes it easy to keep track of your payments. Source: clover

  • Merchant account: To accept credit card payments, you need a merchant account, which Clover provides through its parent company, FIS. When working with Clover, most sales deposits will show up in your bank account the next day. Want it even earlier? Clover’s Quick Deposit Program lets you withdraw money from your credit card sales in minutes. You must pay a 1% transaction fee for this benefit.
  • Fast transaction processing: You can process credit card transactions in seconds with Clover. You can also save time by setting tax rates just once; they are then automatically applied to transactions. It is also possible to accept payments on the go, even without Wi-Fi. Sales are processed once you are online.
  • Reporting: Clover allows you to run reports from the terminal, including reports on sales, products, inventory and customer preferences. Clover can also integrate with QuickBooks and Xero to extend its reporting data.
  • Payments: You can accept EMV chip cards, contactless payments, and mobile wallets with Clover. It also supports online orders for curbside and in-person pickup.
  • Customer management: With Clover’s Customer Engagement Platform, you can set up customer profiles, send emails, and create rewards programs.
  • Gift cards: You can choose from over 70 gift card designs. If you prefer to include your company logo or have a vision for your gift cards, you can create your own.
  • E-commerce: Ecommerce is the engine of business growth and Clover supports this capability with ecommerce tools. You can build a website, sell online, and sync orders, inventory, and customer data. You can also create menus, make appointments, and accept payments. Clover has partnerships with the BigCommerce and Ecwid e-commerce platforms and integrations with Instagram, Facebook, Amazon, Etsy, and eBay.
  • Merchant cash advance: Clover can advance money to you when you are a customer; it will take a percentage of your credit card sales each day until it is paid off. [Looking for a small business loan? Check out our reviews of the best financing providers.]

Key to take awayTo remember : Clover offers many features for small business owners in addition to credit card processing. You get a merchant account, the ability to accept different payment methods, full reporting and customer management, e-commerce tools, and access to merchant cash advances.

Clover Credit Card Processing Application Process

To apply with Clover, you must contact the company by phone or with their online button which directs you to a sales representative in your area. You can use its online calendar to schedule the date and time of the call or call sales directly. The Clover representative will review your business needs to determine the best plan for you.

Customer service

Clover has 24/7 customer support by phone and email. You can access live help on its website and through Clover POS devices. Clover also offers fraud protection up to $ 100,000.


Clover has a lot to offer for small businesses that want one vendor for all of their credit card and point-of-sale processing needs, but there’s a potential downside to that: you can’t use Clover for card processing. credit alone. You have to use its point-of-sale hardware, so if you already have point-of-sale hardware that you love and just need a credit card processor, Clover is not for you. Also, Clover’s pricing could be more transparent online. You must contact a sales representative for an accurate quote.


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