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.
Restaurants and Bars
When considering which app is right for your restaurant, take a look at not just cost, but also features and diner satisfaction. We’ll cover all of that and more in this DoorDash vs. Grubhub comparison. But first, let’s take a quick look at the history of food delivery and the two companies’ current statuses. There’s […]
DoorDash and Grubhub are two of the most popular food delivery apps in the United States. How do they compare?
ecommerce
Shopify gained popularity as an easy-to-use all-inclusive online store builder. But it does come at a cost. In addition to monthly plans, you’ll also pay credit card processing rates that are on the high side. These costs leave many businesses wondering if there’s an alternative to Shopify that doesn’t sacrifice features. The good news? There […]
If you run an ecommerce store, you’ve probably heard of Shopify. The platform offers an “all-in-one” solution with integrated payment processing.
Restaurants and Bars
However, it’s not without drawbacks. Some restaurants find the commissions (30% or more) to be too steep, while others explain that the delivery app cannibalizes walk-in business. However, plenty of other restaurant owners find that Uber Eats and similar delivery apps do raise sales. Let’s take a look at how it works and what you’ll […]
These days, restaurants have a choice of many different delivery apps with whom to partner. Uber Eats is among the largest of those apps.
Credit Card Processing
As First Data / Fiserv and TSYS / Global Payments are competitors, it’s no surprise that TSYS looked to challenge First Data on the equipment front. After First Data’s success with the Clover line of processing machines, TSYS had to do something to catch up. Enter the Vital line. In this article, we’ll compare the […]
In this corner, Clover: the point of sale and mobile solutions available from processing giant First Data (now Fiserv). In this corner, Vital: the challenger from major processor TSYS (now part of Global Payments). How do they compare?
Restaurants and Bars
Founded in 2013 by Stanford students, DoorDash has grown to be in over 800 cities and boasts over 200,000 local drivers. With a reach like that, it has the potential to significantly help your business by handling deliveries so you don’t have to. How Your Restaurant Would Use It Is DoorDash in Your Area? Signing […]
DoorDash is an on-demand food delivery service that uses technology to facilitate door-to-door delivery. Is it a good idea for your restaurant?
Interchange Fees
There are interchange rates for all Discover card types, including debit, credit, international, and commercial cards. The fee varies by entry method (in-person, keyed, or recurring) as well. In this article, we’ll include the interchange rates grouped by card type. What are interchange fees? Discover Interchange Rates Credit Interchange Rates Debit Interchange rates Regulated Debit […]
When you accept Discover cards at your business, you’ll pay fees to Discover, called interchange. These rates vary by card type, entry method, and other details.
Interchange Fees
Every time you accept a credit card at your business, you’re charged a fee. Part of that fee comes from interchange, but there are hundreds of interchange categories. Each transaction has a “target” interchange category (and associated cost) that a transaction should qualify for if basic requirements are met. However, if those requirements aren’t met […]
An interchange “downgrade” happens when a credit card transaction doesn’t meet requirements for a preferred interchange category.
Credit Card Processing, Medical and Dental
The truth is, how much you can save depends on what you’re paying now and how much of that is negotiable. Unfortunately, not all processing costs can be lowered. That said, we’ve found that switching from Dentrix to a processor through a CardFellow membership results in significant savings – often more than 40%. For some […]
Many practice use Dentrix practice management software, but if you take credit cards through the software, you know that it’s not cheap. How much money are you leaving on the table, and what are the alternatives?