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Free Credit Card Machine = An Expensive Proposition

Cardfellow

The important features of a truly competitive processing solution go way beyond the initial cost of equipment. Ignore shifty sales tactics and focus on things that will keep processing cost low over the long haul. Look at things like pricing model, the processor’s markup, and discount method.

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Visa Product 1 and 2 Interchange

Cardfellow

Lowering Your Processing Costs If youre receiving the rates above (and youre not seeing padded interchange) youre likely already receiving wholesale interchange. However, that doesnt mean you cant lower your costs. If you exceed that, your transactions will no longer be eligible for small merchant interchange. Give it a try!

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Visa Business Product 1 and Business Product 2 Interchange

Cardfellow

How to Lower Credit Card Processing Costs Commercial credit card transactions have different rules as well as different rates and fees. Its easy to miss qualifying for a lower-cost interchange category if you are not optimizing your commercial card acceptance. Give it a try at www.cardfellow.com !

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Visa Restaurant 1 and Restaurant 2 Interchange

Cardfellow

Lowering Your Processing Costs Restaurants are notorious for thin margins. Its critical to ensure youre not overpaying for credit card processing, which is one of the most expensive costs (after labor) for many businesses. Try it now at www.cardfellow.com !

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Address Verification Service (AVS)

Cardfellow

Reasons to Use AVS Aside from acting as a fraud deterrent, saving you the hassles of processing a fraudulent transaction and dealing with the repercussions of that, one of the biggest reasons to use the Address Verification Service is that it’s part of the required qualifications for lower cost interchange categories.

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Mastercard Commercial Interchange – Data Rate 1 and 2

Cardfellow

Looking to lower your processing costs? The post Mastercard Commercial Interchange – Data Rate 1 and 2 appeared first on CardFellow Credit Card Processing Blog. It doesnt mean that interchange doesnt apply, it just means your processor only shows you the flat rate you paid, not the interchange rates. Try it now !

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5 Signs Your Business Has Outgrown Square

Cardfellow

While Squares flat rate structure is predictable and looks less complex, its often not the most cost-effective. Interchange plus models can often save you money – sometimes significant amounts – over flat rate processing.