Credit Card Processing

Interchange-plus: You can still get gouged!

At this very moment you know just enough to be dangerous. I highly suggest (and I know my previous employer would agree) that you keep reading. The Flawed Definition of Interchange-Plus Concealing a Markup on Interchange Ridiculous Markups Imaginary Fees Non-Receipt of Credits & Vouchers What’s your time worth? The Flawed Definition of Interchange-Plus We…

TwitterFacebookLinkedIn

Years ago I worked for someone that loved the saying, “We pose the greatest risk to ourselves when we know just enough to be dangerous.”

This is often the case with interchange-plus pricing and credit card processing. You’re reading this because you’re likely tired of paying high credit card processing fees, and you probably came across an article or two that touts interchange-plus as the solution to your problem.

Read More

Credit Card Processing

Credit Card Processor Ratings: Why CardFellow Doesn’t Do It

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…

TwitterFacebookLinkedIn

At CardFellow, we’re often asked who is the “best” processor. We don’t rate processors or keep lists of who is the “best” for one simple reason: the best processor will vary depending on your business. Lists of the top credit card processors ultimately aren’t helpful, and can lead you in the wrong direction when it comes to getting the right processing solution.

Read More

Accounting and Finance, Credit Card Processing

QuickBooks Integration: Getting Credit Card Processing Data into QuickBooks

There are many processors who are able to offer integration or data export for QuickBooks, eliminating manual transaction entry. Types of QuickBooks Solutions Accounting Software QuickBooks Payments Point of Sale Software How do I get transaction data into my QuickBooks account? Point-of-Sale System Integration Gateway Plugin Export Data Should I just use QuickBooks Payments to…

TwitterFacebookLinkedIn

Intuit’s QuickBooks is a popular choice for business accounting, and if you accept credit cards, you’re probably wondering how you can automatically input your sales data into QuickBooks. Contrary to popular belief, taking credit cards with QuickBooks isn’t limited to one processing company.

Read More

Credit Card Processing

Guide to Credit Card Processing

What to Expect First Things First Forget About It! It’s Easier Than You Think There Are No Dumb Questions First Things First Credit Card Processing Ecosystem Where’d Your Money Go? Processor Pricing Models, Where Things Get Interesting How to Compare Credit Card Processors Keeping Costs Low About CardFellow Resources What to Expect CardFellow’s Guide to…

TwitterFacebookLinkedIn

Here’s a comprehensive, unbiased, no-nonsense credit card processing guide that will help you make sense of the madness that goes on in the processing industry. This guide will show you actionable information on how credit card processing fees work and will allow you to turn the knowledge into dollars duesand cents.

Read More

Credit Card Processing, Specialty Businesses

Credit Card Processing for Non Profit Organizations

The Basics Interchange Assessments Markup What’s different for non-profit organizations? What is a Merchant Category Code (MCC)? Why are MCC’s important for non-profits? Processing Costs for Non-Profits Pass-Through Pricing Flat-Rate Pricing How do I get a competitive processing solution? The Basics In order to choose a processor for accepting credit cards as a non-profit organization,…

TwitterFacebookLinkedIn

When it comes to credit card processing, non-profits may be eligible for lower rates than other types of businesses.

Read More

Accounting and Finance, Credit Card Processing

How to Send Electronic Invoices

In business, computers and the internet are making it easier than ever to streamline processes for maximum efficiency. A prime example is electronic invoices, offering the ability to send paperless bills to clients and even accept payment online. Read this intro to learn how to send electronic invoices and take advantage of the time savings.

TwitterFacebookLinkedIn

Sending invoices electronically is a quick and convenient way to bill customers for goods and services they’ve purchased from your company. In many cases, the email invoice will include a click-to-pay button to encourage your customers to pay by credit or debit card right when they receive the invoice.

Read More

Credit Card Processing, ecommerce

Online Payment Processing and Ecommerce Payments

With consumers now regularly shopping on the internet, it’s more important than ever for businesses to be able to take credit cards online. Securely accepting payments on your website is convenient for customers, and could boost sales.

TwitterFacebookLinkedIn

There are two main methods for taking credit cards online: you can accept orders on your business website, or you can sell through an electronic marketplace.

Read More