Restaurants and Bars

Uber Eats for Restaurants

However, it’s not without drawbacks. Some restaurants find the commissions (30% or more) to be too steep, while others explain that the delivery app cannibalizes walk-in business. However, plenty of other restaurant owners find that Uber Eats and similar delivery apps do raise sales. Let’s take a look at how it works and what you’ll […]

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These days, restaurants have a choice of many different delivery apps with whom to partner. Uber Eats is among the largest of those apps.

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Credit Card Processing

Clover vs Vital: POS Systems and Credit Card Machines

As First Data / Fiserv and TSYS / Global Payments are competitors, it’s no surprise that TSYS looked to challenge First Data on the equipment front. After First Data’s success with the Clover line of processing machines, TSYS had to do something to catch up. Enter the Vital line. In this article, we’ll compare the […]

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In this corner, Clover: the point of sale and mobile solutions available from processing giant First Data (now Fiserv). In this corner, Vital: the challenger from major processor TSYS (now part of Global Payments). How do they compare?

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Restaurants and Bars

Should You Use DoorDash for Your Restaurant?

Founded in 2013 by Stanford students, DoorDash has grown to be in over 800 cities and boasts over 200,000 local drivers. With a reach like that, it has the potential to significantly help your business by handling deliveries so you don’t have to. How Your Restaurant Would Use It Is DoorDash in Your Area? Signing […]

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DoorDash is an on-demand food delivery service that uses technology to facilitate door-to-door delivery. Is it a good idea for your restaurant?

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Interchange Fees

Discover Interchange Rates

There are interchange rates for all Discover card types, including debit, credit, international, and commercial cards. The fee varies by entry method (in-person, keyed, or recurring) as well. In this article, we’ll include the interchange rates grouped by card type. What are interchange fees? Discover Interchange Rates Credit Interchange Rates Debit Interchange rates Regulated Debit […]

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When you accept Discover cards at your business, you’ll pay fees to Discover, called interchange. These rates vary by card type, entry method, and other details.

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Interchange Fees

Mastercard Standard Interchange Downgrade

Every time you accept a credit card at your business, you’re charged a fee. Part of that fee comes from interchange, but there are hundreds of interchange categories. Each transaction has a “target” interchange category (and associated cost) that a transaction should qualify for if basic requirements are met. However, if those requirements aren’t met […]

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An interchange “downgrade” happens when a credit card transaction doesn’t meet requirements for a preferred interchange category.

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Credit Card Processing, Medical and Dental

Dentrix Pay – The Cost of Convenience

The truth is, how much you can save depends on what you’re paying now and how much of that is negotiable. Unfortunately, not all processing costs can be lowered. That said, we’ve found that switching from Dentrix to a processor through a CardFellow membership results in significant savings – often more than 40%. For some […]

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Many practice use Dentrix practice management software, but if you take credit cards through the software, you know that it’s not cheap. How much money are you leaving on the table, and what are the alternatives?

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Credit Card Processing

Is Stripe Chargeback Protection Worth It?

There are a few important considerations. Here are things to keep in mind about Stripe chargeback protection: The chargeback protection program costs 0.40% per transaction. That’s not exactly cheap. Not all chargebacks are eligible. In fact, quite a few types are ineligible. “Risky” transactions will require use of 3D Secure anti-fraud tools. 3D Secure already […]

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In June 2019, Stripe announced a chargeback protection program. For an additional fee, Stripe will cover the cost of some disputed transactions. That sounds good, but is it actually worth it?

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Interchange Fees

Mastercard Merchant UCAF Interchange Fees

SecureCode is Mastercard’s “3D Secure” technology solution. It’s designed to help prevent fraud and unauthorized purchases by adding a layer of customer authentication. Unfortunately, 3D Secure is not very common in the United States. However, properly implementing it can benefit your business not only in terms of reduced fraud, but also by lowering your interchange […]

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Mastercard’s Universal Cardholder Authentication Field (UCAF) interchange categories determine the interchange fees a business pays if it uses Mastercard SecureCode.

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