What is Clover Rapid Deposit
Updated January 18, 2024
-
What is Clover Rapid Deposit?
- Clover Rapid Deposit is a service that provides faster access to the funds generated by sales transactions. This enables you to avoid the lag time of the traditional settlement funding process by transferred directly to a merchants VISA or MasterCard business debit card.
- A 1.75% fee applies.
-
How much can you transfer?
- Established businesses can transfer up to $10,000 of eligible sales deposits per request, with no limit on the number of requests per day.
-
It’s easy to set up
- Enroll in a few minutes on your Clover Dashboard or any of your Clover devices.
Was this helpful?
If you’re still stuck, call (818) 654-4449 or email Info@yanpayments.com. Mon–Fri, 9 AM – 5 PM.