Are Toast Payment Processing Rates Higher than Clover?

Based on the standard published rates for 2026, Toast generally has a higher average transaction fee and a significantly higher monthly fee compared to Clover.

According to the current pricing comparison:

• Toast: Charges an average transaction fee of 2.5% + $0.15 with a monthly fee of $79.
• Clover: Charges an average transaction fee of 2.3% + $0.10 with a monthly fee of $14.95.

While Clover offers lower standard rates, it is important to note that actual costs for both providers can fluctuate based on a restaurant’s transaction volume, specific contract terms, and whether the merchant utilizes alternative models like interchange plus pricing or a cash discount program to offset fees.

• Restaurant Payment Processing Rates 2026: Complete Guide