Category: Credit Card Processing


Credit Card Processing

Credit Card Processing Savings: Chasing the Unicorn

Ben Dwyer
by Ben Dwyer

My guess is that you’re starting your search for a processor by heading to Google to read reviews on the “best” credit card processors, or to find the processors with the lowest “rates.” Or perhaps you’re trying to verify something you were told by one of the dozen merchant services salespeople that seem to call […]

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Credit card processing fees are through the roof, the industry is chock-full of shysters, and every time you try to find a better processor you end up the same or worse off than you were before. That’s because you’re doing it wrong.

Credit Card Processing Savings

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Credit Card Processing

Kratom Merchant Accounts: What You Need to Know

Ben Dwyer
by Ben Dwyer

Some credit card processors simply lump kratom with marijuana and refuse to provide merchant accounts for either substance. Others are willing to provide merchant accounts for kratom, but you can expect to go through a lengthier approval process and pay fees that reflect kratom’s high risk processing status. What is “high risk” processing? What is […]

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Kratom is different than marijuana and CBD, but sellers often run into the same problems as marijuana dispensaries when it comes to obtaining a merchant account.

Kratom Credit Card Processing

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Accounting and Finance, Credit Card Processing

Clover Capital: Funds for Small Businesses

Ben Dwyer
by Ben Dwyer

Much like competitor Square Capital, Clover Capital provides merchant cash advances to customers. Cash advances are typically easier to obtain than small business loans, but do have some potential drawbacks to consider. Let’s take a look at what Clover offers and what it means for your business’s cashflow. Clover Capital Other Companies Called Clover Capital […]

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Businesses using Clover systems may be eligible to borrow funds for business purposes through the Clover Capital cash advance program.

Clover Capital

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Credit Card Processing

Clover Monthly Fees: Choosing a Pricing Plan

Ben Dwyer
by Ben Dwyer

There are several choices, each with different costs and features. In this article, we’ll cover the monthly fees for Clover plans, hardware/software compatibility, and what you get with each software plan. Clover Equipment Clover Software Plans Full Service Dining: Table Service Quick Service Dining: Counter Service <li>Retail Shops Professional Services Personal Services Home & Field […]

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If you use Clover credit card processing equipment, you’ll need to pick a software plan along with the machine. Which Clover software plan is right for you?

Clover Monthly Fees

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Credit Card Processing

Clover vs Square: Which should you choose?

Ben Dwyer
by Ben Dwyer

When it comes to choosing between Square and Clover, you’ll want to consider the cost not just for hardware but the processing fees as well. In this article, we’ll cover features and processor compatibility as well as examine how the most comparable devices in each line stack up side by side. General Features Square Capital […]

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Both companies offer sleek, modern-looking POS systems, credit card machines, and mobile readers, but how do they compare in terms of costs, features, and processor compatibility?

Clover vs Square

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B2B, Credit Card Processing

Level III Credit Card Processing: Large Tickets, B2G, and Purchasing Cards

Ben Dwyer
by Ben Dwyer

Visa and Mastercard have separate interchange categories for level III transactions, so providing all of the required information can result in savings if your business accepts a lot of cards that are level III eligible. However, not all cards are level III eligible, and not all gateways are capable of passing level III data. Let’s […]

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Level III (or level 3) data refers to providing specific line item details at the time of a purchasing card or government card transaction beyond what is required for consumer card transactions.

Level III Credit Card Processing

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Credit Card Processing

What is a Good Rate for High Risk Processing?

Ben Dwyer
by Ben Dwyer

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 […]

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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.

Good High Risk Rate

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Credit Card Processing, Specialty Businesses

Challenges for CBD Merchant Accounts

Ben Dwyer
by Ben Dwyer

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 […]

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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.

CBD Credit Card Processing

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