Category: Credit Card Processing


Credit Card Processing

Card Present vs. Card Not Present Transactions

Ben Dwyer
by Ben Dwyer

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 […]

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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.

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Credit Card Processing, Scams and Fraud

Avoiding Credit Card Factoring Scams

Ben Dwyer
by Ben Dwyer

Officially termed “credit card factoring” or “credit card laundering,” this type of misrepresentation is illegal. You could end up with fines, lawsuits, and more. Under no circumstances should you sign up for a merchant account for someone else’s business in your name, or allow another business to use your business’ merchant account. Let’s look at […]

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While it may not be the most common scam out there, at CardFellow we regularly field questions from people asking about opening a merchant account for someone else in your own name.

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Credit Card Processing

Choosing a Credit Card Machine

Dan Robbins
by Dan Robbins

Today we will discuss the most basic credit card processing device found in a retail business: the standalone credit card terminal. Stand-alone terminals are the simplest and most cost-effective method for accepting card-present transactions (payments where your customer hands you their card) in a retail environment. Although they are the most basic, there are still […]

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One of the most heavily used and under-appreciated fixtures in every retail business today is the credit card processing device.

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Credit Card Processing, Restaurants and Bars

Complete Digital Pour Review

Ben Dwyer
by Ben Dwyer

Bars and restaurants are enjoying a renaissance in the U.S. and around the world — craft beer, delicious wine, and exciting cocktails are once again enticing people out of their homes. If you’re a brewer, bar manager, brewpub owner, or restaurateur, it’s important to create, brew, and sell the styles of drinks your customers really […]

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Technological innovation has made running restaurants and bars more efficient. One offering, Digital Pour, promises to make managing a profitable bar, pub, or restaurant even easier.

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Credit Card Processing

Staged Digital Wallet Fees

Ben Dwyer
by Ben Dwyer

However, that is often no longer the case. In March of 2017, Visa announced a staged digital wallet fee that will take effect in April of 2017. This comes well after Mastercard imposed a similar fee in 2013. Visa’s fee can result in higher interchange costs for small businesses. Which wallets does this affect, and […]

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In the past, a business accepting a digital wallet payment was charged the same rates as they would be for accepting a physical credit card.

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Credit Card Processing

International Credit Card Processing

Ben Dwyer
by Ben Dwyer

We’ll break down the fees you’ll need to pay for taking payments in different currencies. In this article, we focus on popular “flat rate” payment providers in the US including Braintree, Authorize.net, PayPal, Stripe, and more. In some cases, it may be less expensive to take international payments with an interchange-plus processor. Note that this […]

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If you run an ecommerce website or another type of international business, you’re probably taking payments from people all over the world. If that’s the case, you need to know what your payment provider is charging you.

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Credit Card Processing

Pros and Cons of Cloud-Based POS Systems

Ben Dwyer
by Ben Dwyer

Cloud computing changed the way many businesses operate. Software companies in both the B2B and B2C sectors increasingly moved toward cloud-based, software-as-a-service business models. But is it worth it for your business? The debate almost makes it appear that your only two options are traditional cash registers and a cloud-based POS. There are still options […]

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Cloud-based POS systems are everywhere these days. Let’s look at the pros and cons of moving to the cloud.

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Credit Card Processing, Legal

Repeal the Durbin Amendment?

Ben Dwyer
by Ben Dwyer

In 2017, CNBC noted that Republicans planned to drop a proposed repeal of the Durbin Amendment. Additionally, financial and political publications have reported on the possibility of expanding provisions to cover credit cards, not just debit cards. In 2022, Forbes published a piece suggesting that expansion to credit cards is a bad idea and that […]

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The introduction of a bill to repeal the Durbin Amendment has added more fuel to the fiery debate between the nation’s largest banks and retailers. But at least for now, it’s not going anywhere.

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