By
The method to go about choosing the right credit card processor is very similar whether you’re taking cards for the first time or switching processors from your existing solution. The only real difference is equipment considerations. This article will go over what you need to look for (and avoid!) in order to choose a merchant …
By
It seems to include a lot of different things, so what is “merchant services” or “merchant processing?” If you’re starting a business or looking to get better rates on credit card processing at your existing business, it’s a good idea to understand what’s involved in merchant services and how to choose the right provider. Let’s …
By
Whether you’re starting a business from scratch, taking over an existing company, or adding credit card processing to your established business for the first time, you’ll need to know how to accept credit cards securely and at a low cost. There are tons of articles out there on credit card processing fees (we’ve written a …
By
In this guide to pricing models, we’ll explain the pros and cons of different options. Fundamentals of Processing Fees Interchange Plus Wholesale Processing 0% Markup Processing Membership Processing Tiered or Bundled Pricing Flat Rate Pricing Zero Fee Processing The Best Credit Card Processor Fundamentals of Processing Fees Before we can get into pricing models, it’s …
By
However, the rise of alternative payment channels has muddied the waters a bit, leaving some businesses confused as to why their transactions are card-not-present (CNP) when they expected card-present (CP.) Types of Transactions Why does it matter? Costs for Processing Chargeback Liability Test Your Knowledge Types of Transactions Firstly, let’s define “card-present” and “card-not-present.” More …
By
What to Expect First Things First Forget About It! It’s Easier Than You Think There Are No Dumb Questions First Things First Credit Card Processing Ecosystem Where’d Your Money Go? Processor Pricing Models, Where Things Get Interesting How to Compare Credit Card Processors Keeping Costs Low About CardFellow Resources What to Expect CardFellow’s Guide to …
By
There are many merchant account providers (commonly known as “credit card processors” or just “processors”) so it’s important to understand what a merchant account entails and what to keep in mind both when you apply and while processing. While merchant accounts aren’t free, we’re not going to tackle rates and fees extensively in this article. …
By
An ACH delay is not the most restrictive condition a processor can impose, but it’s still important to consider how it will affect your merchant account. Find out what this means for your business in this article. What is an ACH delay? An ACH delay is a temporary hold on an electronic deposit from an …
