CardFellow Credit Card Processing Blog

Credit Card Processing

PayPal Alternatives

by Brian Penny

Founded in December 1998, PayPal is a worldwide online payments system that operates as a payment processor, money transfer, and other electronic payment services. It’s a leader in the industry, with 179 million active accounts as of January 2016, according to Time. But PayPal is not without detractors. Some customers complain of account freezes or…

If you’ve used the internet in the last 20 years, you’ve probably heard of PayPal. The company started as a payment option for auction site Ebay, but is now a separate entity, offering credit card processing to a wide range of businesses.

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Accounting and Finance

How to Refinance Business Debt with a Term Loan

by Bond Street

Although these options can help the business get up and running, high interest rates can ultimately cause strain and tie up much-needed cash flow. Instead of being able to invest earnings back into the business, owners are stuck paying interest on the debt. Often, interest payments are so large that the business becomes mired. With…

It’s common for new businesses to borrow money to open their doors. Since they have little to no history to show their financial viability, many borrow using credit cards or other revolving or short-term debt.

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Credit Card Processing

Payments Resolutions for 2017

by Julia Olson

There are some obvious places to start when evaluating where to plan for growth in your business – like sales or marketing – but one area that is often overlooked is how your business accepts payments. It is easy to fall into a routine with whatever processor you started your business with, but it is…

The coming of a new year typically brings one question to the business owner – how do I make sure my business is optimized for growth in the new year? It is important to start with the right mindset and plan in place in order to make the most of the year for your business.

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Credit Card Processing, Security and PCI Compliance

Qualified Integrator and Reseller (QIR) Requirements

by Ellen Cunningham

This article focuses on the new QIR requirements. For details about PCI compliance and validation, including Visa’s Technology Innovation Program (TIP) validation exceptions, please visit: PCI Compliance is Required. Visa’s Notification Who does this affect? Exceptions Why are QIRs required? Finding Qualified QIRs Non-Compliance Penalties Benefits What to Do Visa’s Notification You’ve likely received a…

The processing world will change in January 2017. Businesses considered “Level 4” must comply with new Visa data security regulations, including the use of Qualified Integrators and Resellers (QIRs) for installing equipment and validating PCI compliance yearly. But as Digital Transactions notes, there’s still confusion about who must be certified, and what the new requirements actually are. Here’s what you need to know.

Qualified-Integrator-Reseller-Requirements

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Credit Card Processing

Guide to Square Alternatives: 2018 Edition

by Gary Bowen

So if Square is just too expensive or you’re looking for something a little different, we’ll help you compare some popular mobile card readers and POS systems. The current options cover a broad range of features and price points, meaning you can find the best Square alternatives without hassle. When we list price, it is…

You’ve probably heard of Square, the credit card processing company that lets you take credit cards using your smartphone or tablet. What you may not know is that there are a lot of alternatives.

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Security and PCI Compliance

Complete Review of Kount

by Paul Maplesden

Maximizing your revenue is one of the main things you think about as a businessperson — Any money you lose to costs, leakage, or other factors directly impacts your bottom line. One area that can cause a big problem is fraud, especially credit card fraud. Fraud detection and mitigation is important. It’s estimated that around…

Kount is a service designed to protect your business from fraud. In this review we’ll explore its various products and services, find out how it can help your business, and see what other people have to say.

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Credit Card Processing

Collect for Stripe Mobile Payments

by Ellen Cunningham

The Collect app works on smartphones and tablets with or without a compatible card reader. Before you sign up, make sure you know what you’re in for. What is Collect for Stripe? Enabling and Using Collect Collect for Stripe Card Readers Other Supported Services How much does Collect for Stripe cost? Separate Processors for Online…

When a solution called Collect for Stripe promised businesses the ability to use their Stripe accounts to take payments in-person, it was a welcome announcement. But a closer look shows it to be an expensive option for taking credit cards in person.

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Accounting and Finance

Wave Accounting Software Review

by Paul Maplesden

That means you can protect your cash flow, ensure you have enough money to meet your obligations, and grow your business. This in-depth review of Wave Accounting will tell you everything you need to know about the software, so you can decide if it’s right for your business. Wave’s account software is free, but if…

Good financial management is one of the main skills any successful business owner needs to master. Wave Accounting is designed to help you keep control of invoicing, expenses, payroll, accounting and more.

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Credit Card Processing exposed