There’s been lots of buzz surrounding First Data’s new tablet-based POS products: Clover Station, Clover Small, and Clover Mobile. Bank of the usa A Merchant Account can also be heavily promoting these items. But unlike iPad POS systems, you cannot just download the application and try out the POS. You need to purchase the complete hardware package to determine Clover for action. It has brought many retailers to eBay, searching for any deal. Regrettably, it’s also brought predatory a merchant account companies to market business owners more compared to what they expected.
What’s the offer With Clover POS?
Since the change to nick cards formally arrived in October 2015, many a merchant account companies have developed new hardware solutions with integrated EMV-compliant nick card readers, in addition to NFC readers for acceptance of contactless payments via digital wallets like Apple Pay and Android Pay. We lately reviewed some from the new EMV and NFC card readers available on the market, which you’ll find out about and compare here.
So it’s no shocker that First Data, among the greatest processors in america, has come up with a beautiful, EMV-compliant software and hardware bundle. Unlike standard tablet or smartphone POS software, which utilizes interchangeable hardware, to make use of Clover you have to purchase one of First Data’s proprietary tablet, stand, and card readers bundles. This involves a preliminary hardware investment of approximately $500 to $1,000 per station, which hardware is useless for you if you choose to switch systems.
Still, it’s an attractive and sleek suite of merchandise, using the Clover Small representing competition for a similar readers and software combo provided by Poynt – another new-wave POS hardware developer. But the reality is, it’s fairly costly and business proprietors are searching for the way to get hold of it for a cheap price.
A Merchant Account Scams on eBay
Where do you want to go shopping for a cheap price? eBay, obviously. While researching the Clover Station POS system, I poked around eBay to find out if any systems were for purchase. Initially, I had been impressed to determine a lot of packages at inexpensive price points. And, indeed, a number of them were legitimate gently pre-owned systems up for purchase. Most of the listings, however, were really for credit card merchant account contracts, not only the hardware.
Unless of course you browse the descriptions carefully, you will possibly not even notice that you need to sign a processing agreement to be able to get the machine. Signing up with a a merchant account provider is not something to become taken gently. These contracts can finish up squandering your 1000s of dollars in overpayments and termination charges, in addition to numerous hrs of headaches. Certainly, eBay isn’t the best forum for evaluating these types of services and car loan terms.
What’s happening here’s that resellers of First Data’s payment processing services (like Ignite Payments, a subsidiary make of First Data A Merchant Account with lots of independent offices and agents) can sell merchant services underneath the guise of Clover Station POS hardware. They allow you to accept purchasing the device, after which pressure you into filling out the contract to be able to get the machine.
This practice is deceitful and dishonest. Yes, within the listing they are doing explain the processing contract is required before you decide to get the machine, but the reality is the practice is predatory and away from the welfare from the merchant, who’d ought to enroll in payment processing services in line with the merits from the provider, no eBay item description.
A Good Option to Buy a Clover POS System
The easiest method to purchase Clover POS is to enroll in a free account having a trustworthy reseller that you simply research in-depth. Don’t just join a business simply because they possess the cheapest equipment cost on eBay. Individuals charge card processors are simply attempting to trick you into registering for a free account without getting taken into consideration your car loan terms, processing charges, customer care, along with other key elements.
Certainly one of our favorite suppliers that can setup First Data accounts with Clover POS systems is Payment Depot. The corporation provides transparent and fair prices, alongside exceptional customer care, and it is among the most popular providers for just about any system.
When you buy a Clover Station on eBay, it is possible purchasing not only the hardware: You’re registering for a lengthy-term processing hire a business you realize nothing about, that’s almost certainly likely to incorporate a hefty early termination fee. For me, it’s a gimmick along with a ripoff. Don’t get it done.
It may be worth thinking about other POS options before choosing to move forward with Clover. Take a look at our POS software comparison chart and our led matching system to locate other good choices for your company to check against Clover.