Tag: mobile processing


Business, Credit Card Processing

Venmo for Business

Ben Dwyer
by Ben Dwyer

In this article, we’ll take a look at what Venmo is, current acceptance options, and the company’s plans for business acceptance to answer the question, “Can I take Venmo at my business?” What is Venmo? Venmo and Business Business Limitations Venmo Through PayPal Issues with Venmo for Commercial Transactions Competitors: Symple What is Venmo? Venmo […]

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With bill splitting apps like Venmo rising in popularity, especially among younger demographics, many businesses are wondering about accepting those payment methods directly. While Venmo does allow for business use, there are limitations – as well as some concerns – to be aware of.

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Credit Card Processing

Text to Pay: Accepting Payments by SMS Text

Ben Dwyer
by Ben Dwyer

By now, you’ve probably seen announcements asking for donations through text messages. Various charitable organizations like the Red Cross have made donating easy – just text a particular word to a short (usually 5-digit) number to make a $10 donation. The amounts and other variables can be adjusted for different purchases or donations. But you […]

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Non-profits organizations and for-profit businesses alike can take advantage of this easy payment method by understanding the fundamentals of text payments and working with a company that can support the service.

Text to Pay

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Credit Card Processing

Guide to Square Alternatives: 2023 Edition

Ben Dwyer
by Ben Dwyer

So if Square is just too expensive or you’re looking for something a little different, we’ll help you compare some popular mobile card readers and POS systems. The current options cover a broad range of features and price points, meaning you can find the best Square alternatives without hassle. When we list price, it is […]

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You’ve probably heard of Square, the credit card processing company that lets you take credit cards using your smartphone or tablet. What you may not know is that there are a lot of alternatives.

Square Transaction Fee

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Credit Card Processing

Collect for Stripe Mobile Payments

Ben Dwyer
by Ben Dwyer

The Collect app works on smartphones and tablets with or without a compatible card reader. Before you sign up, make sure you know what you’re in for. What is Collect for Stripe? Enabling and Using Collect Collect for Stripe Card Readers Other Supported Services How much does Collect for Stripe cost? Separate Processors for Online […]

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When a solution called Collect for Stripe promised businesses the ability to use their Stripe accounts to take payments in-person, it was a welcome announcement. But a closer look shows it to be an expensive option for taking credit cards in person.

collect-stripe

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Credit Card Processing, Security and PCI Compliance

PCI Compliance for Mobile Devices

Ben Dwyer
by Ben Dwyer

When using a smartphone, tablet or other mobile POS system, these same standards apply. In addition, specific mobile payments standards apply. In this article, we’ll go over concepts regarding payment security and remaining compliant when processing cards. Security Risks of the Digital Age The Costs of Non-Compliance What to Know About Mobile Compliance Approved POI […]

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If you’ve taken credit cards in your store, you probably know that PCI compliance is required. The Payment Card Industry (PCI) set forth a Data Security Standard (DSS) it requires adherence to from any business that processes, stores, or transmits payment card data. But did you know that PCI compliance applies when you take credit cards using your smartphone with a card reader, like Square or PayPal Here?

PCI-Compliance-for-Mobile-Devices

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Credit Card Processing

The CurrentC Shutdown and What It Means For You

Ben Dwyer
by Ben Dwyer

CurrentC was initially rolled out in a beta pilot program in Columbus, Ohio on September 15, 2015. A nationwide rollout was planned for 2016 but was canceled as the organization looks at other growth methods. Merchants who accepted CurrentC should inform customers that it’s no longer available. However, other forms of mobile payments are still […]

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As of June 28, 2016, CurrentC, the mobile payment app created by the Merchant Customer Exchange, has officially shut down. The move follows an announcement in May that MCX was laying off 30 employees and refocusing its efforts on partnerships with financial partners like Chase.

CurrentC

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Credit Card Processing

Square’s Transaction Fees and Equipment Leasing

Ben Dwyer
by Ben Dwyer

In 2019, Square did away with its 2.75% rate in favor of 2.6% + 10 cents per transaction. Additionally, the company is now offering equipment leases, a practice that we generally advise against here at CardFellow. Read on to see what these Square fees mean, and what the leasing is all about. Square’s Per-Transaction Fee […]

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Payment processing company Square has built a reputation on offering simple, flat-rate credit card processing for small business. The well-publicized 2.75% rate was a good deal for businesses with small average transactions or low monthly credit card sales, but the company no longer offers that rate.

Square Transaction Fee

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Credit Card Processing

The 5 Best Tablets for Mobile POS Systems

Ben Dwyer
by Ben Dwyer

Using a tablet for a POS system provides mobility and a seamless platform for both sales and inventory management. You can take it with you on the go, or use it in a restaurant to take orders or payments tableside. Note that some tablet POS system makers offer bundles that include a tablet and the […]

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Mobile point-of-sale systems are becoming more popular, but there are some key things to know before purchasing.

tablet in store

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