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This type of theft is most common at retail outlets where credit cards are handled by employees – most frequently restaurant and bars – or where card terminals aren’t regularly monitored, such as at gas stations. As a business owner, it is important to know what to look for to avoid risk to your consumers, …
How to Identify Credit Card Skimmers at Your Business Read More »
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You’ve probably seen wait staff carrying tablets to let customers pay tableside, or noted the sleek, low-profile systems at trendy bars. While many smaller establishments use a tablet at the counter, Olive Garden, Panera Bread, and Chili’s are among the major restaurant chains using them at tables. These tablets allow diners to view menus, order …
Tablet POS Systems for Higher Checks and Faster Turnover Read More »
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A few years back, PayPal reached deals with Visa, Mastercard, and First Data (now Fiserv) that enabled easier payments offline using PayPal. Those agreements came as Apple Pay began ramping up its use in online transactions, PayPal’s bread and butter, so it’s no surprise the company began taking in-store payments more seriously. Let’s take a …
Using a PayPal Account In Store: Cards and the PayPal App Read More »
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It doesn’t matter how big or small your business is – if you take business credit cards, you can qualify for better rates. B2B transactions don’t have to cost more. Note: Unfortunately, in October 2017, Visa raised its rates for some commercial transactions and businesses won’t save as much by providing Level 2 or Level …
B2B Transactions: Level 2 and Level 3 Credit Card Processing Read More »
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Stay Informed We’ve updated this article several times and will continue to do so. Follow us on Twitter or Facebook for the latest news. Please let us know in the comments how you’ve been charged this fee. What is a Merchant Location Fee? Mastercard imposes a Merchant Location Fee for each business location that accepts its …
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At CardFellow we’ve heard it all, so we decided to address these myths and misinformation to help you make the right decision for your business. Chip cards are the next evolution of card-based payments, and it’s important to understand the differences between chip and magnetic stripe cards. If your business still hasn’t upgraded to accept …
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When using a smartphone, tablet or other mobile POS system, these same standards apply. In addition, specific mobile payments standards apply. In this article, we’ll go over concepts regarding payment security and remaining compliant when processing cards. Security Risks of the Digital Age Hackers are everywhere, and it’s been that way for years. Anything you …
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Square Capital and Upserve In mid-August, 2016, Square Capital announced an alliance with Upserve, the restaurant management software company that purchased Breadcrumb earlier the same year. The startup claims to manage approximately $8 billion annually in transaction volume. This joint venture will make the Square Cap loan program available to selected Upserve customers. For the …
