RECEIVABLE SOLUTIONS
What is the cost of Centralized Deposit Processing (CDP)?
$3.00 per bag for processing
What is the Cost of Exchange with Reverse Positive Pay?
Exchange - $11.95 per month
What is the Cost of Exchange with ACH Processing?
Exchange - $11.95 per month
ACH Module in Exchange - $23.00 monthly
This allows a business to accept debit and credit card payments from customers.
What are merchant services?
What is the cost of Clover Virtual Dashboard?
$20 per month
This receivable solution lets businesses scan checks from their office instead of visiting a branch.
What is Business Office Deposit (Simply Deposit)?
This fraud tool allows clients to review exception items and decide whether checks should be paid or returned.
What is Check Payee Positive Pay?
This payment method moves money electronically using debit or credit entries instead of paper checks.
What is ACH (Automated Clearing House)?
This type of transaction occurs when a customer pays online, over the phone, or by invoice instead of in person.
What is a card‑not‑present transaction?
What is the cost of Clover GO? What type of phone does not require the Clover GO to accept payments?
$135
iPhone
This mobile solution allows businesses to deposit checks anytime using a smartphone or tablet.
What is Exchange Mobile Deposit?
This ACH fraud service alerts clients to unauthorized transactions and allows pay or return decisions daily.
What is ACHAlert Positive Pay?
This payment solution lets businesses pay vendors online, schedule recurring payments, and delegate approvals.
What is Business Bill Payment?
This security method encrypts card data the moment it is captured at the payment device.
What is Point‑to‑Point Encryption (P2PE)?
What is the cost of Clover Flex?
$750
This service uses tamper‑evident bags and processes deposits through night drop or teller with same‑day credit when deadlines are met.
What is Centralized Deposit Processing (CDP)?
This feature blocks all ACH transactions or restricts them to approved debits or credits only.
What are ACH Blocks & Filters?
This payment option provides same‑day guaranteed funds when money is transferred electronically.
What is a Wire Transfer?
These fees are charged to merchants for accepting card payments and vary by card type and rewards.
What are interchange fees?
What is the cost of Clover Mini?
$950
This receivable service uses a customized payment link so customers can pay by ACH or card online.
What is Business Invoicing?
This service requires no issued check file and presents all paid items as exceptions for client review.
What is Reverse Positive Pay?
This ACH feature allows eligible payments to settle faster than standard ACH timing.
What is Same Day ACH?
This tool securely connects a merchant’s website or point‑of‑sale system to the payment processor.
What is a payment gateway?
What is the cost of a Clover Station Duo?
$1,900