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Signature Preferred Card Not Present or CNP is a Visa interchange category used to determine the fee for transactions that take place with the credit card not present at businesses other than travel services.
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CPS Small Ticket is the Visa interchange category that is used to calculate the interchange cost for card-present transactions of $15 or less. It is not necessary to obtain the cardholder’s signature.
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CPS Restaurant is the Visa interchange category that is used to calculate the interchange cost for card-present transactions that take place at a restaurant, including fast food businesses.
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CPS Retail 2 is a Visa interchange category that is used to calculate interchange fees for transactions involving a credit card for certain business types.
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Recurring or subscription billing gives you the confidence of a semi-guaranteed income. It makes managing your finances a little easier, lets you plan for the future, and gives you a cushion against financial shocks. When you understand how many new customers you’re taking on, and how many you’re losing (the “churn” rate), you can also …
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***Update 2023: FreshBooks no longer offers a card reader itself, instead suggesting other brands. We’re leaving this article for historical purposes, but businesses looking for a smartphone card reader should consider current options. Check out CardFellow’s equipment directory for assistance. FreshBooks started as accounting software, a rival to Intuit’s popular QuickBooks brand. In 2016, FreshBooks …
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Initially called Square Connect, Square’s website now just refers to online payment options with Square. What is Square Online Payments? The Square online payment options lets businesses with self-hosted / existing e-commerce websites seamlessly integrate their site with Square to accept payments and manage business data on a web-based dashboard. Before this option, there wasn’t …
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There’s a lot to consider when starting your own ecommerce website, but we’ll help sort it out in this comparison guide. We’ll look at the most cost-effective solutions from the three big providers in the ecommerce space, Shopify, BigCommerce, and Volusion. Continue reading for details about monthly fees, transaction costs, payment solutions, marketplaces, social media …
Shopify vs. Volusion vs. BigCommerce: What Should You Use? Read More »
