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CPS Card Not Present Debit – Visa Interchange

CPS Card Not Present Debit – Visa Interchange

Contrary to popular belief, debit cards do not incur flat fees. You’ll be charged a percentage of the total and a per-transaction fee, just like with credit cards. However, card-not-present (CNP) debit has more possible interchange categories. There are technically ten interchange categories for Visa CNP debit, but five of them are simply the “regulated […]

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CPS Retail Debit and Prepaid – Visa Interchange

CPS Retail Debit and Prepaid – Visa Interchange

Note that the debit categories only apply to signature debit. (Sometimes called “running as credit.”) PIN debit transactions do not receive interchange fees. Instead, they’re charged PIN debit network fees. If you’re looking for that info, check our article on PIN debit costs. CPS Retail Debit Rates There are technically four debit categories under the

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Worldpay Potentially Grabbing Millions in Hidden Fees

Worldpay Potentially Grabbing Millions in Hidden Fees

Update: 1/3/2020 I originally wrote about Worldpay’s questionable practice described in the article below back in May of 2019. Then, I spent a good deal of time helping the folks at Reuters understand what was happening in order to expose the deceptive billing tactic. Reuters published its article on the topic in August of 2019.

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The Complete Guide to Restaurant Credit Card Processing

The Complete Guide to Restaurant Credit Card Processing

Restaurant owners are in a great position to secure low cost credit card processing. Lower “risk” swiped transactions, low chargebacks, and the popularity of going out to eat make processors eager to sign restaurants as clients. At CardFellow, we help restaurant owners and managers find the right fit. Whether you need particular POS features, lower

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First Data Global Leasing Review

First Data Global Leasing Review

If you’ve browsed CardFellow’s blog, you’ll know we’re not big fans of equipment leasing. In most cases, leases are expensive and come with non-cancellable contracts separate from your processing agreement. Unfortunately, that holds true for FDGL. What is FDGL? As noted in the introduction, First Data Global Leasing (often called FDGL) is the branch of

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5 Ways to Improve Your Restaurant Customer Service with a POS System

5 Ways to Improve Your Restaurant Customer Service with a POS System

While you might initially implement one in order to decrease your payment processing time, a point-of-sale system can actually do wonders for all facets of your restaurant, especially customer service. There are several reliable methods for leveraging your point-of-sale system in order to upgrade your business methods and improve the customer experience. You can, for

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Tampa Bay Ponds and Rocks Ends Fee Frustration by Using CardFellow

Tampa Bay Ponds and Rocks Ends Fee Frustration by Using CardFellow

What he hadn’t seen was low pricing that stays low, with excellent customer service. Enter CardFellow. Starting a Business More than two decades ago, George started out mowing lawns with a lawnmower he hauled around in the back of his beat up car. That turned into providing landscaping services, then pond installation, and finally retailing

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