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It doesn’t matter how big or small your business is – if you take business credit cards, you can qualify for better rates. B2B transactions don’t have to cost more. Note: Unfortunately, in October 2017, Visa raised its rates for some commercial transactions and businesses won’t save as much by providing Level 2 or Level …
B2B Transactions: Level 2 and Level 3 Credit Card Processing Read More »
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This review is part of our directory of buying groups/group purchasing organizations. Buying Group Name: The Veterinary Cooperative Industry/Specialty (if applicable): Veterinary Medicine Number of members: 1,000+ independent clinics Website: https://www.theveterinarycooperative.coop/ How does this group work? You can continue using your current suppliers, or you can use the ones TVC has identified. TVC doesn’t distribute …
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This review is part of our directory of buying groups/group purchasing organizations. Buying Group Name: NATM Buying Corporation Industry/Specialty: Appliances/electronics Number of members: 11 Website: http://natmcorp.com/ NATM was founded in 1970, but offers very few details about the group on its website. Strangely, there’s no information to be found on what NATM stands for, and …
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This review is part of our directory of buying groups/group purchasing organizations. Buying Group Name: The Alliance Industry/Specialty: Medical/Optical Number of members: 2,600+ Website: https://www.thealliancebg.com/ How does this group work? When you join the Alliance, you’ll have access to custom pricing through partner vendors, and can take advantage of the Alliance’s customer service. Notably, the Alliance …
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As a small business owner, money is always at the front of your mind. Reducing expenses and smart financial management are essential to success. There are dozens of ways to shrink expenses, from minimizing your credit card processing fees to automating common tasks. One option you might want to consider is joining a buyers’ group …
Introduction to Buying Groups and Group Purchasing Organizations Read More »
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Stay Informed We’ve updated this article several times and will continue to do so. Follow us on Twitter or Facebook for the latest news. Please let us know in the comments how you’ve been charged this fee. What is a Merchant Location Fee? Mastercard imposes a Merchant Location Fee for each business location that accepts its …
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At CardFellow we’ve heard it all, so we decided to address these myths and misinformation to help you make the right decision for your business. Chip cards are the next evolution of card-based payments, and it’s important to understand the differences between chip and magnetic stripe cards. If your business still hasn’t upgraded to accept …
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When using a smartphone, tablet or other mobile POS system, these same standards apply. In addition, specific mobile payments standards apply. In this article, we’ll go over concepts regarding payment security and remaining compliant when processing cards. Security Risks of the Digital Age Hackers are everywhere, and it’s been that way for years. Anything you …
