CardFellow Credit Card Processing Blog

Credit Card Processing, ecommerce

What Businesses Fail to Do When Selecting a Payment Gateway

by Ben Dwyer

That’s right, the payment gateway is almost always an afterthought to the primary systems that a business is using or considering using, whether it be a point-of-sale (POS) system, e-commerce shopping cart or other applications. Often, business owners or managers spend all their time researching their primary solution and virtually no time understanding the features…

The first and most important thing many people fail to do when selecting a payment gateway is they don’t spend much time, if any, researching and evaluating gateways.

What Businesses Fail to Do When Selecting a Payment Gateway

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Health and Fitness

Front Desk – The Complete Review

by Ben Dwyer

Administration is a necessary evil that can take up an enormous amount of time in your business. The less time you have to spend on admin, the more time you can spend on getting new clients, improving your products and services, or carrying out billable work. This Front Desk review takes a look at the…

Front Desk is specially designed for “Personal Services” businesses, including fitness, health and wellness, sports instruction, music, kids’ activities, dance, and more.

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Credit Card Processing, Security and PCI Compliance

How to Identify Credit Card Skimmers at Your Business

by Julia Olson

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,…

Credit card skimming (or “shimming,” in the case of chip cards) is a form of theft by which credit card information is stolen with just a small bit of technology, typically installed at the credit card terminal. Thieves install “skimmers” or devices to read and save card information undetected.

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Accounting and Finance, Business

QuickBooks vs Xero vs FreshBooks

by Ben Dwyer

As a small business owner, freelancer, or entrepreneur, your most precious resources are time and money. In fact, spending time managing money is probably something you do a lot. There are always invoices to be sent, bills to be paid, time to be tracked, and reconciliation to be done. The days of relying on Excel…

Accounting software can be a blessing or a curse, and it all depends on choosing the right program for your needs.

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Business

Task Automation for Administration

by Ben Dwyer

Many businesses look at where they’re making and losing money purely from a financial perspective — What is it in the business that contributes to the dollars on the bottom line? That’s certainly necessary, but it doesn’t tell the whole story. There’s another vital aspect of getting the most out of your business: spending your…

Task automation is all about efficiency and making sure you and your team focus efforts in the right places.

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Accounting and Finance, Business

Beginner’s Guide to Profit and Loss Statements (P&Ls)

by Jane Meggitt

You’re excited about the creation of your business. Your hard work is coming to fruition and your business is going live. Even if your entrepreneurial spirit isn’t particularly geared toward financial accounting, it’s a crucial part of your business’ success or failure. Fortunately, there are P&L templates available, and accountants are very accustomed to helping…

No matter what items you sell or services you provide, a profit and loss statement (P&L) is essential and required by the Internal Revenue Service.

Beginners-Guide-to-Profit-and-Loss-Statements

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Business

Chatbots for Business: What You Should Know

by Ben Dwyer

Industry analysts point out that while many mobile apps are rarely used more than once, over 2.5 billion people actively use instant messaging apps every month. Users of WhatsApp, the most popular chat platform by far, spend an average of nearly 200 minutes each week actively using the app. This makes chatbots as essential of…

Chatbots are being touted as the next big thing in technology, with everyone from tech giants like Facebook, Google, and Microsoft to Taco Bell, CNN, Amtrak, HSBC, the NBA, and Disney using them.

Chatbots-for-Business-What-You-Should-Know

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Accounting and Finance, Business

3 Steps to Create a Solid Expense Account Policy

by Ben Dwyer

Employees with expense accounts pay for business-related goods and services with the understanding that they’ll be reimbursed. It makes things easier for staff members who travel, entertain clients, or otherwise need to spend money in order to bring sales and profits to your business. The more profit you can get out of your business the…

Expense accounts are financial allowances offered to particular employees to cover business expenses. But they’re also a common place to “leak” cash, and if you’re not careful, they could be costing you.

3-Steps-Create-Solid-Expense-Account-Policy

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Credit Card Processing exposed