The original Clover cash register is brushed aluminum with white accents, and a matching tablet display and receipt printer complete the basic POS hardware package. Many processors offer the Clover POS for $1,000 or less. While not cheap, the attractive design and convenient features have some businesses deciding that it’s worth the expense, ...
Martin, a small business owner in Massachusetts, was concerned about what the EMV chip card liability shift meant for his business. As he looked into it, he was met with lots of conflicting information, and was left thinking he needed to upgrade his processing equipment almost immediately or he’d face high costs or missed sales. “I got ...
The card brands claim minimal impact on your customer’s checkout process while adding additional protection. But how does it work, and why should you care about the additional protection? Let’s take a look at what using Mastercard SecureCode entails and how it may help or harm your bottom line. What is Mastercard SecureCode? Mastercard S...
But some of those clarifications have gotten lost in the noise as investors have rushed to Square (its stock jumped in the days following the first reports) and some began to predict that Visa will purchase Square. Before we jump to conclusions, let’s slow down and take a look at the facts. What Visa Really Owns in Square Visa owns 4.19 mil...
In this article, attorney Nate Baber from Aeton Law Partners, LLP explains exactly what to look for in your merchant contract and what to know before you cancel. Pull out your contract and take a look for these important pieces. The biggest concern most small businesses have with Merchant Processing Contracts (MPCs) is how to avoid the indus...
In this article, we’ll talk about what it is, how it benefits you and your customers, potential drawbacks, and how to use 3D Secure to ensure maximum security for online transactions. What is Verified by Visa? Verified by Visa (or VbV) is an advanced anti-fraud tool Visa offers to businesses. Similar to Mastercard SecureCode, it requires an...
In order to understand CPS, you need to understand the fundamentals of interchange and interchange qualification. I’ll briefly cover them in this article. If you’re interested in learning more, which I encourage, check out related articles on the topics of interchange and processor pricing models on CardFellow’s blog. Note: As of summer 2023,...
But with guns being a big ticket item, giving customers the option to pay by credit card is important. So how do you find gun-friendly credit card processing? If you’re a gun dealer, here’s what you need to know about finding the right processor to support your business. Taking Credit Cards: The Basics Any business that takes credit...