Unsure what if any percentage of this SFOR gets, but First Data does get a fee for every transaction based on below info. .
https://www.fundera.com/blog/first-data-review
“First Data provides POS systems via their subsidiary Clover. Clover offers small business owners two software options with which they can run transactions. They are as follows:
Register Lite: This plan costs $14 per month plus 2.7% + $0.10 on all in-person transactions. With it you can accept swipe, dip, and contactless forms of payment; set employees permissions and shifts; track sales and reports; process payments offline; and access the Clover App market for additional tools.
Register: This plan costs $29 per month plus 2.3% + $0.10 on all in-person transactions. With it you get all Register Lite capabilities plus inventory management and the ability to access customer feedback and add gratuity to checks.
The POS software needs POS hardware to run on. Clover offers four options:
Clover Go: A $59 card reader that allows you to process magstripe, chip card, and contactless forms of payment.
Clover Flex: A handheld POS device that allows you to accept magstripe, chip card, and contactless forms of payment and also scan barcodes and print receipts. The Clover Flex costs $449.
Clover Mini: A countertop POS system that features all of the same capabilities as the Clover Flex as well as a display screen where you can perform employee management functions and track sales. The Clover Mini costs $599.
Clover Station: A large countertop POS system that can process magstripe, chip card, and contactless payment methods; boasts enhanced security and processing capabilities; and can perform inventory and customer relationship management functions. The Clover Station starts at $1,349. That being said, Clover is currently running a limited-time-only Black Friday offer where you can get a $450 statement credit when you open a new merchant services account.”
https://www.fundera.com/blog/first-data-review
“First Data provides POS systems via their subsidiary Clover. Clover offers small business owners two software options with which they can run transactions. They are as follows:
Register Lite: This plan costs $14 per month plus 2.7% + $0.10 on all in-person transactions. With it you can accept swipe, dip, and contactless forms of payment; set employees permissions and shifts; track sales and reports; process payments offline; and access the Clover App market for additional tools.
Register: This plan costs $29 per month plus 2.3% + $0.10 on all in-person transactions. With it you get all Register Lite capabilities plus inventory management and the ability to access customer feedback and add gratuity to checks.
The POS software needs POS hardware to run on. Clover offers four options:
Clover Go: A $59 card reader that allows you to process magstripe, chip card, and contactless forms of payment.
Clover Flex: A handheld POS device that allows you to accept magstripe, chip card, and contactless forms of payment and also scan barcodes and print receipts. The Clover Flex costs $449.
Clover Mini: A countertop POS system that features all of the same capabilities as the Clover Flex as well as a display screen where you can perform employee management functions and track sales. The Clover Mini costs $599.
Clover Station: A large countertop POS system that can process magstripe, chip card, and contactless payment methods; boasts enhanced security and processing capabilities; and can perform inventory and customer relationship management functions. The Clover Station starts at $1,349. That being said, Clover is currently running a limited-time-only Black Friday offer where you can get a $450 statement credit when you open a new merchant services account.”
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