Clover POS Systems Come With Intriguing Rates For All Cards

Posted by michael bedwell
4
Jun 13, 2021
102 Views

One concern you might have when finding a POS setup for your retail merchants services needs entails how the rates you spend can change for all cards. The rates can be higher for American Express transactions than with Visa or MasterCard payments, for example. But Clover POS systems are ideal for how they work with rates that are consistent for all cards.

Clover POS systems feature consistent rates for swiped and keyed-in transactions. These rates are the same for all card types, meaning you won’t be subject to random rates for different cards based on the brand of the card format.

For example, you could spend 2.3% to 2.7% plus 10 cents for each swiped transaction. The percentage will vary surrounding your industry and risk, but it will not change because you’re using certain cards.

The same point is valid for keyed-in transactions. You could spend 3.5% plus 10 cents for each keyed-in payment you handle.

These charges go along with many of the other financial benefits of using Clover POS systems. These include paying reduced rates for PCI compliance and low monthly charges for using the company’s equipment. You could also find discounts on hardware through various third-party vendors who sell Clover systems for business use.

Clover POS systems are helpful for being easy to run and use, but they can also do well for people who handle multiple card formats. You will enjoy how well Clover works while ensuring it provides a consistent level of charges you can trust.

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