In this article, we’ll take a look at what Venmo is, current acceptance options, and the company’s plans for business acceptance to answer the question, "Can I take Venmo at my business?" What is Venmo? Venmo is perhaps the best-known app in the payments splitting space. Venmo was acquired by PayPal as part of Braintree. Users can link a bank a...

By now, you’ve probably seen announcements asking for donations through text messages. Various charitable organizations like the Red Cross have made donating easy – just text a particular word to a short (usually 5-digit) number to make a $10 donation. The amounts and other variables can be adjusted for different purchases or donations. But you do...

So if Square is just too expensive or you’re looking for something a little different, we’ll help you compare some popular mobile card readers and POS systems. The current options cover a broad range of features and price points, meaning you can find the best Square alternatives without hassle. When we list price, it is for the device or system ...

The Collect app works on smartphones and tablets with or without a compatible card reader. Before you sign up, make sure you know what you’re in for. What is Collect for Stripe? Collect for Stripe is an app that allows you to accept credit cards in person using your smartphone or tablet and a Stripe merchant account. You can use compatible ...

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 f...

CurrentC was initially rolled out in a beta pilot program in Columbus, Ohio on September 15, 2015. A nationwide rollout was planned for 2016 but was canceled as the organization looks at other growth methods. Merchants who accepted CurrentC should inform customers that it's no longer available. However, other forms of mobile payments are still a...

In 2019, Square did away with its 2.75% rate in favor of 2.6% + 10 cents per transaction. Additionally, the company is now offering equipment leases, a practice that we generally advise against here at CardFellow. Read on to see what these Square fees mean, and what the leasing is all about. Square’s Per-Transaction Fee “Per-transaction ...

Using a tablet for a POS system provides mobility and a seamless platform for both sales and inventory management. You can take it with you on the go, or use it in a restaurant to take orders or payments tableside. Note that some tablet POS system makers offer bundles that include a tablet and the POS software, but many don’t. If you’re consider...

In the past, FreshBooks offered its own mobile reader. A benefit is that it integrated directly with the accounting software. However, the company no longer offers its own reader, which removes that advantage. That leaves competitor Intuit GoPayment, the mobile processing solution from the makers of QuickBooks. How do FreshBooks and Intuit’s GoPaym...

In fact, 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 a basic magstripe reader to take EMV chip cards? Technically, yes, you can use a mag stripe reader to take chip cards because the cards have a magnetic stripe on the back th...