Credit Card Processing

5 Reasons to Ask for OptBlue Pricing if You Take American Express

If you already take American Express cards or are considering accepting them at your business, you’ll want to make sure your processor charges you with OptBlue. Here’s why: It’s Cheaper Well, probably. The new OptBlue pricing is a cost plus model, so if you’re not on a tiered pricing model and if have a competitive…

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Like many businesses, you probably think of American Express as the expensive credit card to accept. That’s changing thanks to American Express’s new pricing, called OptBlue.

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Press Releases

Payline Joins the CardFellow Marketplace

Middletown, CONN. – CardFellow is pleased to announce that Payline has joined its marketplace of credit card processing companies. When businesses come to CardFellow looking for a payment processor, Payline can offer certified quotes that adhere to CardFellow’s requirements. Payline will quote using interchange plus pricing with true pass-through, will not charge cancellation fees, and…

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CardFellow is pleased to announce that Payline has joined its credit card processing marketplace.

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Accounting and Finance, Credit Card Processing

Should You Get a Merchant Cash Advance?

Many processors now offer cash advances, and popular platform Square is making the process easier than ever by including information on their cash advance program, Square Capital, right in an eligible business’s processing dashboard. But are cash advances worth the costs? Primarily because of hefty fees, it may be worth it to look for funding…

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When you need money for your small business, it may be tempting to take a merchant cash advance, or an advance of money against your future credit card sales. Your credit card processing company (or other cash advance provider) will deposit money into your bank account, which you will then pay back through daily automatic deductions from your credit card sales.

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Press Releases

CardFellow Welcomes Helcim

MIDDLETOWN, Conn. – CardFellow is pleased to announce that Helcim, Inc. has joined its credit card processing marketplace as a provider of certified quotes for businesses. By joining CardFellow, Helcim agrees to offer quotes with interchange plus pricing, a lifetime rate lock, and no cancellation fees. Businesses looking to secure competitive credit card processing will…

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CardFellow is pleased to welcome Helcim to its credit card processing marketplace.

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Credit Card Processing

Taking EMV Chip Cards with a Smartphone or Virtual Terminal

Fortunately, many credit card processing companies have options for you. Learn how you can start taking chip cards securely with your smartphone or computer. Can I just use my current reader to take EMV chip cards? Smartphone and Tablet Card Readers Virtual Terminal Card Readers What are the costs for EMV capable readers? Are there…

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By now, you’ve probably heard all about the EMV liability shift and the United States’ move toward EMV chip credit cards. There are countless articles for traditional retailers and restaurants explaining how to prepare and what equipment to look for. But what if you process credit cards with a virtual terminal or using your smartphone or tablet? Can you still use your USB or headphone jack card reader? Are there even EMV readers out there for mobile?

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Credit Card Processing, Legal, Scams and Fraud

Northern Leasing Systems Lawsuit, Scam & Review

If you’ve already fallen victim to Northern Leasing’s scam – there may be options. The Reality of Leasing Scams, Fraud, and Forgeries 2004 Class Action Lawsuit 2013 Lawsuit 2015 Lawsuit 2016 Lawsuit (New York) 2017 Update Protect Yourself & Your business Who to Contact for Assistance The Reality of Leasing Before I get into the…

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Northern Leasing Systems is garbage. It defies logic that a company with a reputation as horrendous as Northern Leasing is still in business. It shouldn’t be. The company’s culture is defined by a well-documented history of rampant scams, fraud, lawsuits, and even being sued in federal court for racketeering.

Here’s a piece of advice if you’re thinking of leasing a credit card machine from Northern Leasing – don’t.

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Credit Card Processing, Scams and Fraud

How Your Credit Card Processor Scams You

Here’s why. The problem is that you’re asking the wrong questions. The key to lowering your processing charges is understanding the fundamentals of how credit card processing fees work and then focusing on what’s really negotiable, and it’s not rates. Defining “Best” The Basics of Credit Card Processing Costs The Importance of Pricing Model The…

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You’re paying a lot more than you should for credit card processing – and you probably know it. But the deceptive tactics used by processors leave you frustrated any time you try to do anything about it.

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Press Releases

CardFellow Welcomes Dharma Merchant Services

MIDDLETOWN, Conn. – CardFellow is pleased to announce the addition of Dharma Merchant Services to their credit card processing marketplace. Dharma’s inclusion as a certified quote provider means that businesses have even more options when choosing processing solutions that adhere to CardFellow’s strict requirements designed to benefit businesses. CardFellow founder and president Ben Dwyer says…

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CardFellow is pleased to welcome Dharma Merchant Services to its credit card processing marketplace.

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