MIDDLETOWN, Conn. (November 2, 2015) – CardFellow is pleased to announce an agreement with credit card processor Payment Depot. Effective immediately, the agreement authorizes Payment Depot to place certified quotes through the CardFellow processing marketplace, providing businesses with access to a wider range of choices. As with all CardFellow-ce...

If that sounds familiar, it’s because it’s the same thing that Mercury was sued for by Heartland Payment Systems in 2014. Note: Also in 2014, Mercury Payments was acquired by Vantiv, which has itself since been acquired by Worldpay. The practices that Mercury was allegedly engaged in and sued for may not be the same practices that are currently ...

Note: These fees were more common early after the EMV liability shift took place in 2015, but they can still apply for businesses that haven't upgraded to chip-capable equipment. As time goes on, we anticipate these fees to be eliminated (or change into something else) as machines that can't accept chip cards are phased out and no longer supported....

Chase thinks so. Note: As of 2021, all Chase Pay functions have been discontinued. Chase Pay App Discontinued In autumn 2019, Chase announced that it was discontinuing the Chase Pay standalone app. At the time, the company said it would continue to support Chase Pay as a payment method through participating websites. However, in 2021, it...

  Basis Points: (Move the slider below to indicate basis points) Money: (Move the slider below to indicate money) basis points of results in a charge of basis points as a percentage is basis points as a decimal is ...

At this very moment you know just enough to be dangerous. Interchange plus pricing is not automatically the fix for your problem of high processing fees. I highly suggest (and I know my previous employer would agree) that you keep reading. The Flawed Definition of Interchange-Plus We have several articles here at CardFellow that delve into ...

Update: September 2019 - Square has done away with it's 2.75% flat rate pricing. Square charges transaction fees, effectively negating the pricing advantage described in this article. We're leaving it here for historical record, but note that in many cases it may not be less expensive to use Square for small ticket transactions anymore. Business...

Before you get discouraged thinking that means you’ll have to do a ton of work to find out who’s really the “best,” we’ll offer information in this article that will help you determine who is the best processor for you. To do that, we also have to tell you what to watch out for: “best credit card processor" or "top credit card processor" lists, and...

Here’s what you need to know about taking credit cards at your dental office. Credit Card Processing for Dentists: The Basics When accepting credit cards, the basics stay the same whether it’s a retail store or your dental practice. Every time you take a card for payment, you’ll owe a portion of that transaction to a credit card processor, ...

Okay, the offer doesn’t usually include a unicorn, but it might as well for all the good it does you if you’re trying to secure competitive pricing. Credit card processors that offer cash if they can't "beat" or match your current processing rates will use a variety of tactics to get your business, and manipulate pricing so that they rarely have to...