What are the Processing Fees for Clover Go?
Clover Go transaction fees are competitive and often reflect wholesale rates for qualifying merchants. While processing fees can vary depending on your specific merchant account agreement, general industry rates for these types of transactions are typically 2.6% plus $0.10 per swiped sale, though rates for keyed-in or contactless transactions may be higher. Unlike some flat-rate providers, Clover Go allows businesses to potentially negotiate processing terms that align with their specific monthly sales volume. Additionally, there are no setup or cancellation fees associated with the Clover Go services provided through The POS Brokers, though some users may encounter a monthly service plan starting around $9.95. Other potential costs, such as PCI compliance or chargeback fees, may apply and vary by your chosen payment processor.
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