Merchly vs. Clover
Merchly vs. Clover for businesses that need more than in-store hardware.
Clover is a point-of-sale hardware and software platform, typically sold through a bank or ISO with its own underwriting. Merchly focuses on getting the merchant account itself approved and priced transparently, with hardware to match.
| Category | Merchly | Clover |
|---|---|---|
| High-risk & regulated industries | Specializes in placing high-risk merchants that standard bank underwriting declines. | Underwriting runs through the issuing bank/ISO and follows standard risk guidelines. |
| Pricing model | Interchange-plus pricing, disclosed and itemized. | Pricing varies by reseller; often tiered or bundled with hardware plans. |
| Hardware | POS and terminal hardware configured to your setup, from countertop to mobile. | Clover Station, Mini, and Flex hardware sold as a proprietary ecosystem. |
| Contract terms | Month-to-month, no early termination fee. | Terms vary by reseller and often include multi-year agreements. |
This comparison reflects general, publicly documented policies as of the time of writing and is not exhaustive or a substitute for each provider's current terms. Confirm details directly with Clover before making a decision.