Credit Card Processing
Credit Card Processing Bait and Switch
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Knowing how to spot bait-and-switch pricing will save time and money.
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Credit Card Processing
Pivotal Payments’ Cancellation Fee & Auto Renewing Contract
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Note: Pivotal Payments has changed its name and goes by Nuvei. It’s possible that the new company does not engage in the same practices noted in this article. We’re leaving it here for historical purposes, but will no longer be updating it. If it turns out that Nuvei utilizes the same practices, we will create …
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Credit Card Processing
Small Tickets – The Durbin Downside
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How are businesses with small tickets an unexpected (or expected, depending on whom you ask) casualty of the Durbin Amendment? Let’s take a look. Interchange is Complicated The fees that businesses pay to process a credit or debit card transaction are called interchange fees. An interchange fee generally consists of a percentage and flat transaction …
Case Studies
[Case Study] CardFellow Ensures Business Receives Durbin Savings
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We caught a processor in the act of pocketing Durbin savings, and we saved the business 43% when all was said and done. As this success story shows, a low rate is just the start of savings. A competitive pricing model and fair terms produce savings, too.
Credit Card Processing
Charging Customers a Credit Card Fee at Checkout
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In some cases, your business can charge customers a convenience fee for using a credit card. But there’s a maze of rules, exceptions, and even state laws to navigate to ensure you stay compliant with the terms of your merchant processing agreement. It’s also important to note that credit card convenience fees are different than …
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Credit Card Processing
NABU Fee – Network Access Brand Usage
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Mastercard charges the NABU fee on all authorized or refunded credit and signature debit Mastercard transactions. The fee is currently set at $0.0195. Mastercard Assessment Fees Assessment fees, such as the NABU fee, are charges incurred as part of processing a credit card. Revenue generated from the NABU fee goes directly to MasterCard, meaning neither …
Credit Card Processing
PIN Debit vs. Signature Debit
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So which is cheaper, PIN debit or signature debit? A rough rule of thumb is that PIN debit transactions are cheaper for businesses with larger average transactions. Signature debit is cheaper for businesses with smaller average transactions. There are expections, but this can be generally applied as a quick way to gauge the lower cost. …
Press Releases
CardFellow Offers Free Lifetime Monitoring to Ensure Lowest Rates
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CardFellow’s free lifetime statement monitoring is just one of many benefits to using CardFellow.com. The credit card processing comparison website helps businesses lower their fees by an average of 40 percent and then monitors their statements to ensure rates remain as low as possible. CardFellow Lifetime Statement Monitoring CardFellow.com, a leading merchant account comparison Website, …
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