CardFellow Credit Card Processing Blog

Credit Card Processing

Credit Card Processing Basics: Pricing Models

by Ellen Cunningham

In this guide to pricing models, we’ll explain the pros and cons of different options. Fundamentals of Processing Fees Interchange Plus Wholesale Processing 0% Markup Processing Membership Processing Tiered or Bundled Pricing Flat Rate Pricing Zero Fee Processing The Best Credit Card Processor Fundamentals of Processing Fees Before we can get into pricing models, it’s…

When looking for the best credit card processor for your business, the pricing model the processor uses can have a big impact. Pricing models dictate how processing fees are charged and passed to you and can set the stage for either very competitive or very expensive pricing.

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Specialty Businesses

The Edge Jewelry POS Review

by Paul Maplesden

One piece of software that’s designed to help you get the most out of your jewelry business is The Edge, a point of sale (POS) app designed specifically for jewelry retailers. In this review, we’ll explore exactly how The Edge can help your jewelry business, including its main features, functions, and benefits. The Edge is…

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 that jewelry buyers demand.

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Specialty Businesses

Service Autopilot Review

by Paul Maplesden

There’s a lot that goes into running a home services business, and one piece of software that promises to make everything easier is Service Autopilot. In this review, we’ll dig into what Service Autopilot does, how it works, and its benefits and features to help you decide if it’s right for your home services business….

Software and payment services geared to home improvement and repair – whether that’s lawn and yard care, field services, tradesmen, plumbing, carpentry, electricians, house cleaning, or snow removal – can help you run your business more efficiently.

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Health and Fitness

Wodify Review

by Paul Maplesden

Opening and managing a gym can be difficult, but Wodify gym management software aims to change all that. It’s a complete solution for managing every aspect of gym membership, programs, trainers, customers, equipment, and much more. We’ll explore how the software works, key features, and how it can help you as a gym owner or…

Many Americans want to maintain a healthy lifestyle. If you’re in the exercise and fitness business, no doubt you’re delighted that gym memberships have been on an upward trend since 2000. In 2015, there were 55 million gym subscriptions, just in the US!

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Credit Card Processing, Scams and Fraud

Merchant Services Scams

by Ellen Cunningham

The sneaky part? It’s not a call from your current merchant services company, and the company has no idea about your current rates and fees. The Merchant Services Sales Call Version 1 Version 2 What Happens What To Do Lawsuits Checking Your Pricing The Merchant Services Sales Call There are different versions of the sales…

Merchant services sales reps use a variety of tactics to try to win your business, but some of those tactics are more deceptive than others. One example is a pre-recorded sales call that claims your pricing has increased and states that if you don’t contact the company, it indicates you agree to the price increase.

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Health and Fitness

Millennium Spa Software Review

by Paul Maplesden

Overview of Millennium Salon Software Millennium salon software is designed to make managing a salon or spa as easy as possible. To do so, it features standard appointment booking, inventory management, and reporting, and combines this with client loyalty features, smart incentives, marketing, membership billing, integrations, and several other useful features. Millennium is designed for…

The marketplace for products and services is shifting, with more people preferring to spend their money on “experiences” rather than just buying more “stuff.” One of the experiences we all enjoy is a good bit of pampering, so how does the software stack up in the world of salons and spas? In this review, we take a deep dive into one popular software option, Millennium.

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Security and PCI Compliance

MAXMIND’s MinFraud Review

by Paul Maplesden

The minFraud service from MAXMIND aims to reduce or eliminate these risks and costs. It uses data points from over a billion transactions to create a risk score for any cards you’re processing. It can then combine that risk score with rules and thresholds you set so you can automatically decide whether to accept or…

Some of the hidden costs of taking credit and debit card payments are fraud and chargebacks — areas where a card is used in a criminal way, or where a customer disputes a transaction. Left unchecked, these can be very expensive for retailers and merchants, with $8 billion in money lost to credit card fraud in 2016.

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Credit Card Processing, ecommerce

Understanding Ecommerce Payment Options

by Julia Olson

When it comes to ecommerce payments, you have several options. One of the more common ways to collect payments is through a virtual shopping cart, but there are alternatives to this method that each have their own unique benefits. Here’s a list of some of the pros and cons to accepting ecommerce payments in a variety…

Creating a seamless experience for your online customers is essential when crafting an e-commerce website. You want to make sure your site is engaging, well written, and optimized for your buyer’s journey – and your payments experience is a big part of that. The last thing you want is for your customer to get all the way to the checkout and leave the page because of a poor experience.

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Credit Card Processing exposed