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Square VS Clover

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Melissa Johnson

Melissa Johnson

Melissa Johnson has been writing about payment processing and mobile payments since 2014, and has been quoted in articles for Credit Karma and The Next Web, among others. She graduated from The University of Kansas in 2010 with bachelor's degrees in English and journalism.
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15 Comments

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    Sissa

    Oh my, I just read their reviews and all thanks to your article. I guess you safe me from a expensive mistake. Thank you so much!!

      kash

      Thank you for the analysis.
      Hey, I would like to have someone like you who can be good at social media, digital marketing and writing blogs. we are in southern CA and we need someone like you for our CBD specialty store.
      Thank you

        This comment refers to an earlier version of this post and may be outdated.

        fran

        Thank you for your points of view. This helped me out a lot!

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          Michael

          Great little article but I have one question I have two different businesses can I use the same Square reader for both going into different accounts?

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            Jessica Dinsmore

            Hi Michael,

            According to Square’s help forum, “If you have multiple businesses or need individual separate accounts, you have the ability to create multiple accounts and use the same mobile device, reader, and bank account.” I hope that helps answer your question!

              This comment refers to an earlier version of this post and may be outdated.

              Ruben Morales

              It shouldn’t even be one star, For your well being kick the company out before you even consider the program, the sales person told me the fees are free and cheaper than square but they were more, The figures were around 3.2% and square was 2.9%, then I was told if I dont use it the program will not cost me anything then, when I wanted to cancel using their services I was charged 500 dollars, the worst company I have ever used and because of them I kick every sales person that comes n the shop because I believe that every sales parson is a crook, dont use them you’ll regret it, I went back to using Square and they have never charged me and they’re cheaper by a little but still cheaper

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                kristina baker

                I see that you compare Square POS with the non POS of Clover. How does the full service Clover stand up against the Square equivalent?

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                  Melissa Johnson

                  Hi there!

                  Square vs Clover on the whole is kind of a complicated matter because they’re both so complex. But I’ll try to sum things up succinctly. I’m more inclined to favor Square over Clover, but I admit Square isn’t for everyone.

                  Clover relies really heavily on leasing and its equipment can be VERY pricey. Leases are rarely a good deal for anyone, and you could easily wind up paying 3x the MSRP on a piece of leased equipment. So you are much better off buying equipment outright. Plus, you can also get a comparable Square setup for less than the cost of a Clover device at MSRP.

                  I also think overall most of Clover’s equipment is bulky and dated compared to the simplicity of Square. That said, the merchants I’ve talked to don’t seem to /mind/ the equipment. There are still better, more sophisticated solutions (like Square).

                  The other issue is that Clover relies on a network of resellers. You can get it directly through Clover Connect, but if you go anywhere else, you’re going to see wildly different pricing on processing as well as the hardware. For that reason, it’s hard to compare pricing in a meaningful way.

                  I don’t personally have experience using the full Clover POS so I can’t comment on the quality of it. I wasn’t super impressed by the Go app, but it’s not the same experience as a full POS. I recommend checking out our Clover Station, Clover Mini, and Clover Mobile reviews for more information.
                  https://www.merchantmaverick.com/reviews/clover-mini-review/
                  https://www.merchantmaverick.com/reviews/clover-mobile-review/
                  https://www.merchantmaverick.com/reviews/clover-station-pos-review/

                  I will, however, say that I find Square to be very easy to understand and very intuitive. It’s quite feature-rich and the company is ALWAYS adding something new. It won’t give you the most advanced features (store credit, for example), but it can do a lot more than you’d expect from something that started as a mobile app.

                  And finally — Square is a third-party processor. That means there’s a certain degree of inherent risk that your account could be terminated with no warning. This is common to any sort of third-party processor. Clover, on the other hand, gives you a merchant account. So you get higher stability — though possibly at the cost of a three-year contract with an expensive ETF. Square has no monthly fees, no monthly minimums, no other hidden costs. It is really straightforward, which stands in major contrast to Clover, which….doesn’t have that reputation for transparency or consistency.

                  I hope that helps!

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                    Clover Guru

                    With Cloverguru.com there are NO cancellation fees. No Monthly Minimums. Clover Go and Square are definately not for everyone. Cloverguru.com offers true interchange (cost) plus pricing. Leasing is always an option but not required. Some business owners want this for the extended warranty and overnight replacement. If you’re going to have (10) clover Stations, it may be difficult to come up with $10K in cash to pay, and something always happens within 3 years where you will need a station replaced. I’m also a graduate from University of Kansas (rock chalk Jayhawk). It’s all about having a reputable sales rep, look closely at the contract, get their permission to record their “offer”. I own my own company, I offer clover solutions plus many others. I report to “no manager”. I have no fancy office or huge overhead, my mortgage is paid in full. I’ve been doing this for about 20 years and have offered clover to clients ever since clover was first introduced with only a few apps. Now there’s over 300. Check out cloverguru.com

                      Anthony M Slatton

                      It’s not complicated at all. If you don’t do at least $3250 a month in sales, you should not even look at Clover as they’re minimum monthly fee is $49.95 which covers mandatory service, security and support as their Sales Rep explained to me. $3250 is without CC fees and assumed at the 1.5% minimum fee the Sales Rep quoted. He didn’t say how much you have to do in sales to get the 1.5% CC fee, but assuming you have the volume to produce a minimum of $3250 every month to start, you at least cover the $49.95 monthly fee. Always be cautious when prices/fees are not posted, most often it means the sales personnel believe they can justify the cost, but if you read between the lines, you’ll see the lies.

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                        Zan

                        Great article! I’m simply trying to charge for my Digital Marketing and Social Media services and I need no inventory. Sometimes I charge by hour and others by project. All I need is my client to pay via credit card either on my website or via form. The recurring payments would also be a great option in my case but if I can’t or it’s too expensive I can forget about that. I’m going to read your article again as it is very rich in details but I’d like to hear your opinion! Have a great day 😉

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                          Patty

                          Melissa I think you are great and so helpful. I would love to speak with you as I have additional questions as a new business owner. Is it possible to email or call you?
                          Patty

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                            Chloe Bahal

                            Hi Patty,

                            Please feel free to contact us here and we will be happy to answer any questions you have.

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                              Morten

                              Hi, I don’t understand what “…greater account stability than you would with Square otherwise..”. What is meant by account stability?
                              Thanks,

                                This comment refers to an earlier version of this post and may be outdated.

                                Chloe Bahal

                                Hi Morten,

                                That’s a great question. Basically, Square is a Merchant Aggregator, which means that it’s very simple to open an account with them, but, with that being said, they are also quick to shut down or place a hold on the account. With a traditional merchant account, there is a more intense process, but that also means they won’t be so quick to close or hold your account, should something happen (a chargeback, etc). You might find this article helpful as well. I hope this helps and if you have further questions please let us know.

                                  This comment refers to an earlier version of this post and may be outdated.

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