CardFellow Credit Card Processing Blog

Credit Card Processing, Specialty Businesses

Challenges for CBD Merchant Accounts

by Ellen Cunningham

CBD products that make “unsubstantiated” health claims, in particular, may have fewer options when it comes to credit card processing. Let’s take a look at finding the right merchant account for CBD sales. How is CBD different than marijuana? Is CBD legal? CBD vs. Marijuana According to the DEA Problems for CBD Sellers What are…

If you sell CBD oils, waters, creams, or edibles, you know that it’s not the same as selling marijuana or marijuana edibles. But that doesn’t mean you won’t run into difficulties finding a credit card processor.

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Credit Card Processing, Legal

Eliminating Credit Card Fees with Cash Discounts: Is It Legal?

by Ellen Cunningham

The short answer: yes, when done correctly. The longer answer is that there’s a lot of confusion about the difference between “cash discounts” and “surcharges,” and that confusion has led to labeling surcharge programs as cash discount programs. Let’s look at the differences between the two and how you can stay on the right side…

Credit card processing companies are popping up left and right offering “cash discount” programs to eliminate your credit card processing fees. Are they legal and are they permitted in merchant agreements?

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Credit Card Processing

Stripe Terminal for In Person Payments

by Ellen Cunningham

However, it’s not quite what you’re thinking. The Stripe Terminal solution allows businesses to build their own card-present checkout system by programming it with pre-certified card readers. The company calls it an “API-driven solution” and says that it’s geared toward tech-savvy businesses with both online and offline selling channels. If you’re not tech-savvy (or don’t…

In autumn 2018, Stripe officially announced the launch of Stripe Terminal, an option for in-person payments.

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Credit Card Processing, Specialty Businesses

Credit Card Processing for Bail Bonds

by Ellen Cunningham

That doesn’t mean that you can’t get a good solution for your business, it just means you’ll need to be aware of restrictions on high risk, as well as what to look for when evaluating processors. In this article, we’ll cover how to find the right solution if you need credit card processing for bail…

Businesses that offer bail bonds are considered a “high-risk” industry when it comes to credit card processing.

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Credit Card Processing

Misconceptions in Credit Card Processing

by Ellen Cunningham

In this article, we’ll clear up these credit card processing misconceptions to help you avoid common pitfalls and misleading sales spin. Flat Rate Pricing is the Cheapest Interchange Plus Pricing Protects You from Being Ripped Off You’ll Get the Best Pricing by Cutting Out “Middlemen” You Can’t Get Lower Pricing Unless You’re a Big Business…

There are several common misconceptions in credit card processing and sales reps can use those to trick you into overpaying.

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Specialty Businesses

Rosy Salon Software Review

by Ellen Cunningham

Rosy is cloud-based software, meaning you won’t install it locally on a computer. Instead, you’ll be able to access your information from almost any device. You can use it both for service-based functions, like booking appointments, and retail functions like selling products in the salon. Rosy offers this video introduction about the features of the…

The flagship offering from SalonRunner, Rosy software offers a suite of tools for salon businesses.

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Credit Card Processing, Security and PCI Compliance

Vantiv’s OmniShield Assure

by Ellen Cunningham

OmniShield Assure is Vantiv’s PCI and security program. The company says that the main benefits are improved security and reduced financial risk. If you’re paying for the program, you’ll probably see it on your statement among other monthly fees. What is OmniShield Assure? EMV Acceptance and Encryption PCI Compliance Breach Assistance OmniShield Assure Costs Are…

If you’re a business using Vantiv (now WorldPay), you may be wondering about a fee for OmniShield Assure on your bill.

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Credit Card Processing

Guide to QuickBooks Credit Card Processing

by Ellen Cunningham

It’s the best of both worlds: the convenience of QuickBooks and more competitively priced credit card processing.There are many processors that offer integration with or data export for QuickBooks, eliminating manual transaction entry. However, different processors utilize different integration methods and some may not work with your version of QuickBooks.In this guide, we’ll explain the…

Intuit’s QuickBooks is a popular choice for business accounting, but if you accept credit cards through Intuit merchant services, you’re well aware that it comes with high costs. What you may not know is that you can use a lower cost processing option and still automatically input your sales data into QuickBooks.

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Credit Card Processing exposed