Ben Dwyer began his career in the processing industry in 2003 on the sales floor for a Connecticut‐based processor. As he learned more about the inner‐workings of the industry, rampant unethical practices, and lack of assistance available to businesses, he cut ties with his employer and started a blog where he could post accurate information about credit card processing. As the blog gained in popularity, Ben began directly assisting merchants in their search for a processor. Ben believes in empowering businesses by providing access to fair, competitive pricing, accurate information, and continued support. His dedication to transparency and education has made CardFellow a staunch small business advocate in the credit card processing industry.
ecommerce, Security and PCI Compliance
Riskified is a software-as-a-service company that offers chargeback prevention and fraud management for mid-market and enterprise level businesses, specifically online retailers. The company boasts clients such as Aldo, Skullcandy, Burlington Coat Factory, Mattel, Swarovski, Prada, and more. With fraudsters increasingly turning to the internet as a result of increased in-person security due to chip cards, […]
Credit card processing companies offer basic anti-fraud tools and chargeback management, but dedicated solutions can provide greater protection for online sellers. Enter Riskified.
Credit Card Processing
However, it’s still possible to get a general idea of average costs for various industries and business types. At CardFellow, we work with processors that serve high risk businesses and have pulled together some rough numbers to give you an idea of whether you’re overpaying. Rates for High Risk Merchant Accounts What High Risk Processors […]
At the best of times, it can be difficult to give an accurate answer regarding a good “rate” for credit card processing, because costs are highly business-specific. This is even more true of “high risk” businesses – those in industries like adult entertainment, gambling, vape shops, travel, and tech support.
Credit Card Processing, Specialty Businesses
CBD products that make “unsubstantiated” health claims, in particular, may have fewer options when it comes to credit card processing. Let’s take a look at finding a CBD merchant account for your business. How is CBD different than marijuana? Is CBD legal? CBD vs. Marijuana According to the DEA Problems for CBD Sellers What are […]
If you sell CBD oils, waters, creams, or edibles, you know that it’s not the same as selling marijuana or marijuana edibles. But that doesn’t mean you won’t run into difficulties finding a credit card processor.
Credit Card Processing, Legal
The short answer: yes, when done correctly. The longer answer is that there’s a lot of confusion about the difference between “cash discounts” and “surcharges,” or “checkout fees” and that confusion has led to labeling surcharge programs as cash discount programs. Let’s look at the differences between the two and how you can stay on […]
Credit card processing companies are popping up left and right offering “cash discount” programs to eliminate your credit card processing fees. Are they legal and are they permitted in merchant agreements?
Credit Card Processing
However, it’s not quite what you’re thinking. The Stripe Terminal solution allows businesses to build their own card-present checkout system by programming it with pre-certified card readers. The company calls it an “API-driven solution” and says that it’s geared toward tech-savvy businesses with both online and offline selling channels. If you’re not tech-savvy (or don’t […]
In autumn 2018, Stripe officially announced the launch of Stripe Terminal, an option for in-person payments.
Credit Card Processing, Specialty Businesses
“High risk” in this case isn’t a reflection on your specific business. It’s just a reality of your industry. It also doesn’t mean that you can’t get a good solution for your business, it just means you’ll need to be aware of restrictions on high risk, as well as what to look for when evaluating […]
Businesses that offer bail bonds are considered a “high-risk” industry when it comes to credit card processing.
Credit Card Processing
In this article, we’ll clear up these credit card processing misconceptions to help you avoid common pitfalls and misleading sales spin. Flat Rate Pricing is the Cheapest Interchange Plus Pricing Protects You from Being Ripped Off You’ll Get the Best Pricing by Cutting Out “Middlemen” You Can’t Get Lower Pricing Unless You’re a Big Business […]
There are several common misconceptions in credit card processing and sales reps can use those to trick you into overpaying.
Specialty Businesses
Rosy is cloud-based software, meaning you won’t install it locally on a computer. Instead, you’ll be able to access your information from almost any device. You can use it both for service-based functions, like booking appointments, and retail functions like selling products in the salon. Rosy offers this video introduction about the features of the […]
The flagship offering from SalonRunner, Rosy software offers a suite of tools for salon businesses.
