QuickBooks Integration: Getting Credit Card Processing Data into QuickBooks
There are many processors who are able to offer integration or data export for QuickBooks, eliminating manual transaction entry. Types of QuickBooks Solutions Firstly, it’s important to understand which QuickBooks programs or systems you want to integrate. Intuit offers several QuickBooks solutions: accounting software, payment processing, ...
Chip Credit Cards Mean Changes for Tipping
Some point of sale systems and credit card machines are now able to adjust for tips after the card is run, but others cannot. How did the process of tipping change with EMV chip cards? In some cases, EMV cards changed the way restaurants handle tips paid by credit and debit cards. Some types of EMV chip card machine did not allow adding a t...
Credit Card Processing Guide
What to Expect CardFellow's Guide to Credit Card Processing provides accurate, unbiased information about credit card processing followed by a blueprint showing how you can quickly obtain truly low costs for your business. First Things First This no-nonsense guide will put you on the fast track to low credit card processing fees by teaching yo...
Credit Card Processing for Non Profit Organizations
If your non-profit is looking to accept credit cards, it's important to understand the basics of processing costs, and what's different for registered non-profits. The Basics In order to choose a processor for accepting credit cards as a non-profit organization, you first need to have an understanding of the components of the cost of proces...
Virtual Terminals for Credit Card Processing
What is a virtual terminal for credit card processing? A virtual terminal is a method of accepting credit and debit card payments using your computer. Businesses enter the card details on behalf of a customer into a secure online form. You can manually enter (key) card info or swipe it with an optional card swiper. Virtual terminals are int...
How to Send Electronic Invoices
What is electronic invoicing? Electronic invoicing, also known as e-invoicing, is the process of sending a customer a bill for goods or services by email or through your website. Electronic invoices usually also include the option for the customer to pay their bill electronically. Less commonly, it can refer to sending a paper invoice that req...
Applying for a Merchant Account
There are many merchant account providers (commonly known as “credit card processors” or just “processors”) so it’s important to understand what a merchant account entails and what to keep in mind both when you apply and while processing. While merchant accounts aren't free, we're not going to tackle rates and fees extensively in this article. I...
Don't Lose Money from Processing Fees Paid on Sales Tax
Information provided in this article is for educational purposes only and does not constitute tax advice. For tax advice for your business, consult a tax professional. Paying Fees on Sales Tax When you process a credit card transaction, your customer's credit card is charged for the total amount of the sale, including sales tax. Transacti...
Merchant Account ACH Delays and Their Effect
An ACH delay is not the most restrictive condition a processor can impose, but it's still important to consider how it will affect your merchant account. Find out what this means for your business in this article. What is an ACH delay? An ACH delay is a temporary hold on an electronic deposit from an acquiring bank to your direct deposit account....
Merchant Account Holds and Freezes
Merchant account holds or full account freezes disrupt your cash flow and can make it difficult to conduct business. In this article, we'll take a look at both holds and freezes, why they happen, and what you can do about them. This article refers to account holds and freezes on funds from sales at a business. It does not refer to "account holds...
