In the ever-evolving landscape of Point of Sale (POS) systems, businesses are actively seeking robust solutions to streamline their operations. Clover, a renowned player in the market, offers a versatile and feature-rich POS system catering to various industries. While the capabilities of the Clover POS system are impressive, it’s essential to comprehend the comprehensive Clover POS Pricing structure involved. In this detailed guide, we will explore the intricacies of Clover POS Pricing, covering hardware, software, support, one-time expenses, ongoing costs, and potential hidden charges.
| Available Services | Retail Options | Quick-service Restaurant Features | Full-service Restaurant Package | |
|---|---|---|---|---|
| One-time Hardware Fee | $0 (No hardware required) | $799 | $799 | $1,699 |
| Initial Price | $14.95 per month | $14.95 per month | $54.95 per month | $84.95 per month |
| Card Present Processing Fee | N/A | 2.6% + 10 cents | 2.3% + 10 cents | 2.3% + 10 cents |
| Online (or Keyed-in) Processing Fee | 3.5% + 10 cents | 3.5% + 10 cents | 3.5% + 10 cents | 3.5% + 10 cents |
| Recurring Payments | Yes | Yes | Yes | No |
| Inventory Management | Yes | Yes | Yes – Menu management | Yes – Menu management |
| Client Database | Yes | No | No | No |
| Online Ordering | No | No | Yes | Yes |
| Table Mapping | No | No | No | Yes |
| Receipt Printer | N/A | Built-in | Built-in | Built-in |
| Invoice By Email | Yes | N/A | No | No |
| Sales Tracking and Reporting | Yes | Yes | Yes | Yes |
| Add-ons | Cash drawer, payroll, Clover Go Reader | Online store, Clover Go Reader, payroll, barcode scanner | Cash drawer, swivel stand, payroll, kitchen printer, weight scale | Payroll, kitchen printer, label printer, weight scale, Clover Go Reader |
I. Clover POS Pricing for Hardware :
1. Clover Station:
- The flagship hardware component, Clover Station, is priced between $1,699 and $1,799. It includes the station, cash drawer, and receipt printer.
2. Clover Mini:
- The compact alternative, Clover Mini, is available at a cost ranging from $799. It features a built-in receipt printer and scanner, with the cash drawer sold separately.
3. Clover Flex:
- For businesses on the move, the handheld Clover Flex is priced at $599, offering portability and functionality with a built-in receipt printer and scanner.
4. Clover Go:
- A mobile card reader for on-the-go businesses, Clover Go is priced at approximately $69.
Additional Hardware Add-ons:
- Various add-ons such as scales, barcode scanners, kitchen printers, and debit PIN pads can increase the overall Clover pricing.
II. Clover POS Pricing for POS Software:
1. Clover Software Subscriptions:
- Monthly software fees range from $0 to $84.95, depending on the chosen plan. Plans include Clover Payments Plan, Essentials Plan, Register Plan, Table Service Restaurant Plan, and Counter Service Restaurant Plan.
Additional Device Fees:
- Adding extra POS devices incurs an additional monthly software fee of $14.95 per device.
2. Clover Virtual Terminal:
- A plan at $14.95/month that doesn’t require upfront hardware purchase, suitable for accepting keyed-in card payments.
III. Support Costs:
1. Clover Support Plans:
- Monthly support plans range from $9.95 to $29.95, offering phone and email support.
2. Installation and Training:
- On-site installation and training services may incur additional one-time costs, depending on business needs.
IV. One-Time Costs:
1. Licensing Fees:
- One-time payments for licensing fees may range from $100 to $300.
2. Customization and Integration:
- Tailoring the system and integrating with existing systems may involve additional one-time expenses.
V. Ongoing Costs:
1. Transaction Fees:
- Transaction fees for processing payments range from 2.3% + $0.10 to 3.5% + $0.10, depending on the plan.
2. Software Updates:
- While basic updates are included, major software upgrades may involve additional ongoing costs.
VI. Hidden Cost in Clover POS Pricing:
1. PCI Compliance Fees:
- Additional fees may apply for PCI compliance, especially for integrated payment processing.
2. Cancellation Fees:
- Contract termination may lead to cancellation fees based on the remaining contract period.
In-Depth Analysis Based on External Sources:
1. Clover POS Pricing Plans:
- Monthly software fees with a 36- or 48-month contract, ranging from $0 to $84.95.
- Cancellation fees equal to the total contract length if terminated early.
2. Clover Processing Fees:
- Credit card processing fees vary based on the merchant account provider.
- In-person transactions: 2.3% to 2.6% + $0.10.
- Card-not-present transactions: 3.5% + $0.10.
- Custom processing fees for larger businesses after six months.
3. Choosing the Right Clover Seller:
- Recommendations for reputable vendors offering fair pricing and month-to-month contracts.
- Caution against vendors with long-term contracts, hidden fees, and hardware leases.
4. Clover Pricing Tiers:
- Industry-specific plans with varying monthly fees, starting from $14.95.
- One-time hardware fees ranging from $799 to $1,699 based on the business type.
- Processing fees for card-present and online transactions.
5. Clover Hardware Options:
- Overview of different Clover hardware options, including Solo, Duo, Mini, and Flex.
- Pricing details and functionality of each hardware option.
Clover Station Solo Clover Station Duo Clover Mini Clover Flex Price $1,699 $1,799 $799 $599 Included Hardware Station, cash drawer, receipt printer Station, customer-facing display, cash drawer, receipt printer Clover Mini with built-in receipt printer and scanner (cash drawer sold separately) Clover Flex with built-in receipt printer and scanner (cash drawer sold separately) Applicable Software Plans Register, Table Service Restaurant Register, Counter Service Restaurant Register, Table Service Restaurant, Counter Service Restaurant Essentials, Register, Table Service Restaurant, Counter Service Restaurant Monthly Payment (Hardware & Software) $125-$160/month $135-$140/month $45-$95/month $35-$85/month
6. Clover Apps and Integrations:
- Exploration of the Clover App Market, offering integrations for various business needs.
- Examples of add-ons like QuickBooks and considerations for cost-effective choices.
Conclusion:
In conclusion, understanding the true Clover POS Pricing and cost of implementing the Clover POS system involves a detailed analysis of hardware, software, support, and ongoing expenses. While the upfront hardware costs and monthly software fees are essential components, businesses must also consider transaction fees, support plans, and potential hidden costs. By weighing these factors against their unique requirements and budget constraints, businesses can make informed decisions about whether Clover is the optimal POS solution for their operations.
