Contingency Planning: If Your POS Company Goes Out of Business

Handling everything from customer checkout to employee punch-ins to inventory management and reporting, POS systems have streamlined operations for businesses of all sizes. So what would happen if your POS company goes out of business? Are you prepared for a quick migration? It’s a question many business owners don’t even think about, until it’s to...

Afterpay Buy Now, Pay Later Review

One of the most well-known Buy Now, Pay Later (BNPL) platforms is Afterpay, a service that allows your customers to pay for their purchases in installments. If you’re considering adding BNPL to your checkout options, this review will go over what you need to know about Afterpay, from how it works to costs and business opinions. What is Buy Now, Pa...

Dunnings: Handling Declined Transactions in Recurring Billing

Any business with subscriptions or memberships is familiar with recurring billing and saved payment information. These options allow you to securely store customers’ card data to automatically charge their cards when it’s time to renew their subscription or membership. This type of billing provides predictable revenue and better customer retention....

Merchant Accounts for Seasonal Businesses

Choosing a Seasonal Merchant Account Provider For seasonal businesses, transparency is key. You’ll need a processor that isn’t skittish about big seasonal swings in transaction volume and you'll need to be open with them about the seasonal nature of your business. Additionally, finding a processor that has no or low monthly minimums for your off-m...

Should You Install an ATM at Your Business?

In today’s increasingly cashless world, it might seem counterintuitive to install an ATM at your business. However, there are compelling reasons to consider it. Whether you've been thinking about adding an ATM or never gave it a second thought, here’s what you need to know about the pros, cons, and costs of ATM ownership or leasing. Pros of an On-...

How to Accept Virtual Credit Cards

If you’re wondering if you have to do anything different to accept a virtual credit card, the short answer is no. However, it’s good to be aware of the factors involved in virtual cards and that’s what I’ll go over in this article. What are virtual credit cards? Virtual credit cards, as their name implies, are digital versions of credit cards. Th...

Help with PCI Self-Assessment Questionnaire

But many business owners find PCI compliance and SAQs confusing or overwhelming. There are even multiple different versions of the SAQ! In this article, I’ll go over the basics to help you understand your responsibilities with the SAQ. What is the SAQ? The Self-Assessment Questionnaire (SAQ) is a series of yes or no questions about your security ...

CapitalOne Acquires Discover

But what does that mean for your business? Will customers still have and use Discover cards? Are your credit card processing fees going to change? At this point, we don’t know all the details, but here’s what you can expect with the current information. The Discover Acquisition CapitalOne announced its intention to acquire Discover in 2024, but d...

List Style Reference

Excerpt style. There are few products in life that provide more luxury, status, or celebration than a beautiful piece of jewelry. Since ancient times, precious metals and gems have been crafted into items designed to catch the eye. If you're involved in jewelry retail, you know how important it is to provide the products, services, and ambiance tha...

AI in Credit Card Processing: What does ChatGPT Say?

Note: CardFellow does not use ChatGPT or artificial intelligence to write blog posts. We are using ChatGPT for this article to go through the advice it may give when prompted to assist with comparing credit card processors.  Before we dive in, let’s briefly go over what ChatGPT actually does and how we approached this article on ChatGPT in credi...

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