Mobile credit card reader fees and pricing vary depending on the hardware and the type of transaction being processed. The POS Brokers provide transparent pricing models with options for next-day deposits at no extra charge.
Square Card Reader Pricing:
- Hardware Cost: Available at no upfront cost when qualifying for a new merchant account.
- Swiped Transactions: 2.6 percent plus 10 cents per transaction.
- Keyed-in Entries: 3.5 percent plus 15 cents per transaction.
- Monthly Fees: None, with no long-term contracts or cancellation fees.
Clover Mini POS Pricing:
- Hardware Cost: New units start at $749. Refurbished units may be available for $9.95 through specific free POS promotions.
- Transaction Fees: Competitive wholesale rates of 2.3 percent plus 10 cents per transaction.
- Terms: No hidden fees, no contracts, and no cancellation fees.
Additional Financial Benefits:
- Cash Discount Program: Businesses can pass processing costs to customers to enhance overall value.
- Wholesale Rates: Available through specific merchant accounts to ensure efficient transaction handling.
- Free Hardware: Potential for free hardware placements or discounted hardware based on qualification.
Related FAQs
-
How do I Calculate Fees with Interchange plus Pricing?
Read More »: How do I Calculate Fees with Interchange plus Pricing?To calculate fees using the interchange plus pricing model, you …
-
How does Interchange plus Pricing Compare to Other Models?
Read More »: How does Interchange plus Pricing Compare to Other Models?Interchange plus pricing is widely considered the most transparent and …
-
How do Real Time Payments Improve Cash Flow?
Read More »: How do Real Time Payments Improve Cash Flow?Real time payments improve cash flow for businesses by providing …
-
How will Real Time Payments Evolve in 2025?
Read More »: How will Real Time Payments Evolve in 2025?Based on the provided content, real time payments are expected …
-
How do Real Time Payments Work for Businesses?
Read More »: How do Real Time Payments Work for Businesses?Real time payments for businesses function as 24/7/365 electronic fund …


