Consider Clover’s relationship with First Data consummated.
As reported in TechCrunch, Gigaom and elsewhere, First Data quietly acquired the ecommerce checkout specialist and FinovateSpring 2012 alum last year. And yesterday at Money 2020, First Data CEO Frank Bisignano announced the launch of their Clover-inspired solution for small businesses: Clover Station.
Clover Station is a cloud-based, point-of-sale and business management solution. What makes the solution special is that it provides the full point of sale terminal functionality of traditional POS units (the ability to track employees and inventory, for example). But at the same time, the merchants will be able to customize the technology by either downloading task-specific apps, or developing apps of their own through Clover’s API.
Additional features include:
- Real-time business analytics and intelligence reports
- Remote access at any time from any location
- High-resolution camera for instant QR code recognition
- High-definition touch screen
Enhancements and peripherals such as a modern cash drawer and a bar scanner can be added. Clover Station will be available to Bank of America Merchant Services small business customers by the end of the year.
Founded in October 2010, Clover is based in Mountain View, California. The company’s investors have included Andreessen Horowitz, Morado Ventures, and Sutter Hill Ventures.
Forbes column on banking and mobile payments highlights Finovate alumni Check, Fiserv, and FIS.
Green Dot 
