127:
333:
independently. First Data would be responsible for sales and support, while Clover built all new payment hardware/software for the company. The deal utilized a "Founder's Clause" that would trigger a very large penalty payment if the parent company interfered with operations of Clover. Thirty two months after the acquisition Clover was mentioned 88 times in the S-1 filed by First Data
Corporation. Clover is now owned by
24:
393:
315:
solution with an on-screen pin-pad, that is fully PCI PTS 4.0 compliant. It also features an EMVCo compliant
Contactless payment interface which enables it to support Apple Pay among other contactless payment modes. The device has an ergonomic handle with an integrated barcode scanner - with an external wireless mobile printer accessory designed to keep the device lightweight and reduce fatigue.
381:
118:
369:
500:
357:
338:"free" based on original customer acquisition agreements. Several law firms are planning class action suits on behalf of customers as they are now locked out of their accounts unless they agree to new terms and an absurd increase in plan pricing. Clover and Fiserv have refused to buy back the software embedded hardware of impacted customers.
496:
324:
replacement with the support for advanced payments interfaces, while also allowing
Merchants to install apps from the Clover App Market. Clover Mini also features a USB hub allowing easy interface of peripherals such as external barcode scanners, cash drawer and a Merchant keypad (for cases where the Mini is Customer-facing).
337:
through the acquisition of First Data
Corporation. As of May 1, 2024, Clover raised basic plans over 1000% for users via a forced updated Software terms and agreement. Long time customers who purchased software embedded equipment before 2019, are now being charged for software that was contractually
323:
Clover's third hardware product, the Clover Mini was launched by First Data on June 16, 2015. Like Clover Mobile, Clover Mini is a PCI PTS 4.0 approved, EMVCo compliant contact and contactless next generation payment device. Clover Mini has a built-in receipt printer and is designed to be a terminal
314:
Clover announced its second hardware product, the Clover Mobile, at the Money 20/20 conference in
November 2014. On March 19, 2015, Clover Mobile won the gold medal for the Best POS innovation at the PYMNTS.com Innovator Awards ceremony. Clover Mobile features a complete EMVCo compliant payments
332:
On
December 28, 2012, Clover entered into a merger agreement with First Data Corporation. In a radio interview with Wharton professor Rahul Kapoor the structure of the acquisition was explained. An operating agreement was put into place whereby Clover would receive $ 100M in funding to run
265:, the world's largest merchant acquirer, on July 29, 2019. Bank of America Merchant Services was the first to announce it would sell Clover to its merchant base in October 2013. PNC Merchant Services was the second to announce it would sell Clover to its merchant base.
574:
305:
On
September 9, 2014, Clover announced its work with Apple to support Apple Pay via its Android POS Platform. Clover described the functionality in a blog post that was featured on the home page of Hacker News.
286:
and a number of angel investors. The company was founded by John Beatty, Leonard
Speiser, and Kelvin Zheng. The company secured an additional $ 3M convertible note from Sutter Hill Ventures in April 2012.
933:
690:
771:
295:
Clover launched its first hardware solution, the Clover
Station, in 2013 and began shipping it in January 2014. Clover opened its App Marketplace to third-party developers in 2014.
660:
1173:
254:, United States. As of the quarter ended September 2020, Clover processed $ 133 billion of annualized card transactions worldwide, making it the largest U.S. cloud POS firm.
582:
634:
608:
302:
First Data announced the sale of 17,000 Clover
Stations six months after the release of the product. This put Clover ahead of Square Stand in terms of total units shipped.
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Clover was incorporated on October 15, 2010, and raised $ 5.5M on November 1, 2010. The lead investor was
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177:
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410:
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44:
385:
461:"First Data Quietly Buys Payments Startup Clover; Launches Point of Sale Platform for Merchants"
715:
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549:"First Data Unveils Sleek Clover Point-of-Sale Solution for Small Business | First Data"
361:
418:
209:
1195:
247:
150:
497:"Fiserv Completes Combination With First Data Further Cementing Industry Leadership"
526:
117:
1034:"First Data Solutions and the next generation of payment terminals – Clover Mini"
39:
It may require cleanup to comply with Knowledge's content policies, particularly
657:"After a quiet year, Clover emerges with a sexy cash register & a new owner"
741:
716:"Clover Developers Blog: How Apple Pay works and why it matters for developers"
380:
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258:
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250:) platform that was launched in April 2012. The company is headquartered in
955:
742:"How Apple Pay works and why it matters for developers | Hacker News"
1117:
768:"First Data Debuts Clover Mobile, A Wireless, Tablet-Based Point-Of-Sale"
299:
announced the launch of its Gift Cloud Service on Clover in April 2014.
131:
The touchscreen Clover Station with a receipt printer and cash drawer.
334:
262:
214:
1007:
930:"First Data Launches Clover® Mini, the Future of Payment Terminals"
17:
683:"KKR Banks on Bisignano Forging Apple Deal at First Data"
794:"All Small Business Payment Solutions | First Data"
230:
1170:"Earthquakes announces sleeve sponsors for 2020 season"
32:
A major contributor to this article appears to have a
872:"Take Your Business Mobile with First Data Solutions"
345:
421:. Clover is also one of the sleeve sponsors for the
225:
208:
198:
188:
172:
164:
156:
146:
136:
443:"Fiserv 2020 Investor Conference Presentation"
257:Clover was acquired on December 28, 2012, by
8:
110:
168:Leonard Speiser, John Beatty, Kelvin Zheng
125:
116:
109:
75:Cloud-based Android point of sale platform
523:"POS Device Solutions for Small Business"
479:"The Nilson Report, Issue 1182, Sep 2020"
63:Learn how and when to remove this message
1202:Companies based in Sunnyvale, California
246:is a cloud-based Android point of sale (
1232:Computer companies of the United States
1227:Software companies of the United States
722:from the original on September 20, 2014
710:
708:
434:
352:
1207:Software companies based in California
1150:from the original on November 11, 2018
1098:from the original on November 11, 2018
988:from the original on November 11, 2018
852:from the original on November 11, 2018
1124:from the original on October 29, 2015
800:from the original on October 11, 2015
693:from the original on January 31, 2015
7:
611:from the original on October 3, 2016
663:from the original on April 12, 2014
1176:from the original on July 13, 2020
1072:from the original on July 22, 2015
1014:from the original on July 22, 2015
962:from the original on July 22, 2015
936:from the original on July 21, 2015
910:from the original on July 22, 2015
826:from the original on July 22, 2015
748:from the original on March 4, 2016
637:from the original on June 19, 2018
14:
774:from the original on July 6, 2017
503:from the original on June 5, 2023
984:. www.pcisecuritystandards.org.
932:(Press release). June 16, 2015.
848:. www.pcisecuritystandards.org.
391:
379:
367:
355:
43:. Please discuss further on the
22:
261:, which itself was acquired by
1:
413:with their partnerships with
1222:Retail point of sale systems
1237:Computer hardware companies
1258:
1242:Computer systems companies
409:Clover sponsors race team
96:37.3866000°N 122.0316861°W
575:"Meet The Clover® Family"
274:Funding and early history
124:
115:
282:with participation from
101:37.3866000; -122.0316861
1212:Point of sale companies
310:Second hardware product
689:. September 16, 2014.
485:on September 22, 2021.
467:on September 22, 2021.
319:Third hardware product
291:First hardware product
259:First Data Corporation
718:. September 9, 2014.
252:Sunnyvale, California
178:Sunnyvale, California
41:neutral point of view
770:. November 4, 2014.
499:. October 19, 2023.
423:San Jose Earthquakes
280:Sutter Hill Ventures
111:Clover Network, Inc.
659:. October 9, 2013.
411:Chip Ganassi Racing
284:Andreessen Horowitz
200:Number of employees
112:
92: /
1217:Mobile technology
1046:on April 24, 2016
585:on March 14, 2016
555:on April 26, 2014
529:on April 26, 2014
449:on July 17, 2023.
374:Telecommunication
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36:with its subject.
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1039:. Archived from
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34:close connection
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87:122°1′54.07″W
84:37°23′11.76″N
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1178:. Retrieved
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762:
752:February 19,
750:. Retrieved
736:
724:. Retrieved
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686:
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665:. Retrieved
651:
639:. Retrieved
631:"Sec Form D"
625:
613:. Retrieved
605:"Sec Form D"
599:
587:. Retrieved
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578:
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553:the original
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531:. Retrieved
527:the original
517:
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491:
483:the original
473:
465:the original
455:
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437:
408:
405:Sponsorships
331:
322:
313:
304:
301:
294:
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256:
243:
242:
173:Headquarters
160:October 2010
137:Company type
77:
59:
50:
31:
15:
697:October 17,
386:Electronics
328:Acquisition
190:Area served
99: /
1196:Categories
1154:August 27,
1144:"Form S-1"
1128:October 9,
641:August 27,
615:August 27,
429:References
415:First Data
398:Technology
219:First Data
141:Subsidiary
1102:April 30,
992:April 30,
856:April 30,
667:April 25,
559:April 25,
533:April 25,
507:April 28,
362:Companies
217:(through
194:Worldwide
45:talk page
1180:July 12,
1174:Archived
1148:Archived
1122:Archived
1096:Archived
1076:July 19,
1070:Archived
1066:"Clover"
1050:July 19,
1018:July 19,
1012:Archived
1008:"Clover"
986:Archived
966:July 19,
960:Archived
956:"Clover"
940:July 19,
934:Archived
914:July 19,
908:Archived
904:"Clover"
888:July 19,
850:Archived
830:July 19,
824:Archived
820:"Clover"
804:July 19,
798:Archived
778:June 25,
772:Archived
746:Archived
720:Archived
691:Archived
661:Archived
635:Archived
609:Archived
579:PNC Bank
501:Archived
342:See also
165:Founders
147:Industry
348:Portals
269:History
233:.clover
226:Website
157:Founded
1092:"Info"
982:"Data"
846:"Data"
335:Fiserv
263:Fiserv
244:Clover
215:Fiserv
210:Parent
1044:(PDF)
1037:(PDF)
882:(PDF)
875:(PDF)
1182:2020
1156:2017
1130:2015
1104:2021
1078:2015
1052:2015
1020:2015
994:2021
968:2015
942:2015
916:2015
890:2015
858:2021
832:2015
806:2015
780:2017
754:2015
728:2014
699:2020
669:2014
643:2017
617:2017
591:2023
561:2014
535:2014
509:2024
417:and
297:Gyft
235:.com
204:400+
248:POS
231:www
151:POS
1198::
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
