Standard or Traditional Processing

Standard or Traditional Processing is basically flip-flopped of the CD Program. Instead of the customer incurring the cost, the merchant is the one that pays the fees at the end of the month. While there is NO Rebate Program for Traditional, there is still an option for the Free Clover POS system. Most businesses process this way, however since the introduction of the CD Program it has become more and more popular due to rising charges from the card brands.

What is the Standard Program?

With the Standard Processing Program the merchant still gets a Free Clover POS system, but receives NO Rebate option. They are assessed a Monthly Fee for Equipment and it is different for each POS system. All of the POS systems have Contracts for 3 or 4 years and then they own the POS with NO more Monthly Fees.

What are the Monthly Fees and Contracts?

First, the Clover Flex is the truly Free Program. However, there is a 3 Year Contract. if you choose to purchase the system outright, there are NO Fees and NO Contracts. Below are alternatives for all verticals under the Traditional Program. Because you are purchasing the equipment outright or paying the Monthly Fee, you are not limited to the amount of POS systems. If merchants are looking to lower their Monthly Costs, they can also select a different contract length.