Credit Card Processing

How to Accept Credit Cards

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…

TwitterFacebookLinkedIn

Swiping a credit card in a store or entering card details online is easy from a consumer standpoint, but more involved for the business that takes that card.

Read the full article

Credit Card Processing

Credit Card Processing Basics: Pricing Models

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…

TwitterFacebookLinkedIn

When looking for the best credit card processor for your business, the pricing model the processor uses can have a big impact. Pricing models dictate how processing fees are charged and passed to you and can set the stage for either very competitive or very expensive pricing.

Read the full article

Credit Card Processing

Card Present vs. Card Not Present Transactions

However, the rise of alternative payment channels has muddied the waters a bit, leaving some businesses confused as to why their transactions are CNP when they expected 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 than just…

TwitterFacebookLinkedIn

On the surface, “card-present” and “card-not-present” seem like self-explanatory terms. Either the card was present at the time of a transaction or it was not present.

Read the full article

Credit Card Processing

Guide to Credit Card Processing

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 Credit…

TwitterFacebookLinkedIn

Here’s a comprehensive, unbiased, no-nonsense credit card processing guide that will help you make sense of the madness that goes on in the processing industry. This guide will show you actionable information on how credit card processing fees work and will allow you to turn the knowledge into dollars duesand cents.

Read the full article

Credit Card Processing

Best Credit Card Processing Define, Learn, Search

Define Best: What’s Really Important Best Rates — A Big Mistake Learn the Fundamentals of Processing Focus on Markup Pricing Model Terms Search Define Best: What’s Really Important The problem with the word “best” is that it’s subjective. Its meaning is unique to the person using it, and when it comes to credit card processing,…

TwitterFacebookLinkedIn

You won’t find the best credit card processing unless you define what “best” means for your business, and then learn the fundamentals of processing before setting out in search of a processor.

Read the full article