Compare Processing Rates
Compare rates of Square, Clover and Stripe with iQ. See what the real results are!
Processing Rates
Interchange + 15¢
2.9% + .30¢
2.5% + .10¢
2.6% + .10¢
Compare the Rates
Square
Stripe
Clover
Card Present Payments
Card-not-present Payments
Processing Price
Invoicing
Terminals
Account Fee (POS)
Support Fee
Average Monthly Cost
62¢ * 2000 = $1240
85¢ * 500 = $425
$1665
Additional costs*
$400
$60
$10 Monthly
$2135
59¢ * 2000 = $1180
88¢ * 500 = $440
$1620
0.4% per invoice
$299
$59
$1800 Monthly
$1978
60¢ * 2000 = $1200
80¢ * 500 = $400
$1600
2.9% + 30¢
$500-$1700
$40 monthly
Free
$2140
35¢ * 2000 = $700
50¢ * 500 = $250
$950
Free
Free*
Free
Free
$950
*Based on a rate of $50,000 in debit card sales, $40,000 card present (2000 transactions) | $10,000 card-not-present (500 transactions), an average sale of $20*
Compare the Rates
Card Present Payments
Card-not-Present
Processing Price
Invoicing
Terminals
Account Fee
Support Fee
Total Price
62¢ * 2000 = $1240
85¢ * 500 = $425
$1665
Additional costs*
$400
$60
$10 Monthly
$2135
59¢ * 2000 = $1180
88¢ * 500 = $440
$1620
0.4% per invoice
$299
$59
$1800 Monthly
$1978
60¢ * 2000 = $1200
80¢ * 500 = $400
$1600
2.9% + $0.30
$500-$1700
$40 Monthly
Free
$2140
35¢ * 2000 = $700
50¢ * 500 = $250
$950
Free
Free*
Free
Free
$950
*Based on a rate of $50,000 in debit card sales, $40,000 card present (2000 transactions) | $10,000 card-not-present (500 transactions), an average sale of $20*
Average Monthly Savings
$+858
$-170
$-331
$-327
Average Cost for a month = $1808
Compare the Rates
Square
Card Present Payments
Card-not-Present
Processing Price
Invoicing
Terminals
Account Fee
Support Fee
Total Price
62¢ * 2000 = $1240
85¢ * 500 = $425
$1665
Additional costs*
$400
$60
$10 Monthly
$2135
Stripe
Card Present Payments
Card-not-Present
Processing Price
Invoicing
Terminals
Account Fee
Support Fee
Total Price
59¢ * 2000 = $1180
88¢ * 500 = $440
$1620
0.4% per invoice
$299
$59
$1800 Monthly
$1978
Clover
Card Present Payments
Card-not-Present
Processing Price
Invoicing
Terminals
Account Fee
Support Fee
Total Price
60¢ * 2000 = $1200
80¢ * 500 = $400
$1600
2.9% + $0.30
$500-$1700
$40 Monthly
Free
$2140
Card Present Payments
Card-not-Present
Processing Price
Invoicing
Terminals
Account Fee
Support Fee
Total Price
35¢ * 2000 = $700
50¢ * 500 = $250
$950
Free
Free*
Free
Free
$950
*Based on a rate of $50,000 in debit card sales, $40,000 card present (2000 transactions) | $10,000 card-not-present (500 transactions), an average sale of $20*
Average Monthly Savings
$-170
$-331
$-327
$+858
Average Cost for a month = $1808
the “No” list
Some things we just don't do.
No markups over interchange
No contracts
No cancellation fees
No batch fees
No statement fees
- No markups over interchange
- No contracts
- No cancellation fees
- No markups over interchange
- No contracts
- No cancellation fees
- No batch fees
- No statement fees
- No hidden fees
- No BS
- No batch fees
- No statement fees
- No hidden fees
- No BS
Need a Special Rate for your Bussines?