Government Contracts

Government Contract

October 30, 2024

As a government contractor, you’ve dedicated time and effort to secure a government contract. But once you win it, are you set up to accept government purchase cards in the most cost-effective way? Few contractors are aware that Visa and MasterCard offer exclusive rates that can reduce transaction fees by 1%-1.5% for those who meet…

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Government cards

Do You Accept Government Credit Cards

August 1, 2024

Do You Accept Government Credit Cards… If not, you are most likely missing opportunities you didn’t even know about. Although commonly referred to as the federal contracting market, it’s more accurately described as the federal purchasing market. Why? Because not everything the government buys requires a formal contract. In fact, the most common purchasing method…

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Commercial Large Ticket

Need to accept large ticket credit cards

May 8, 2024

Maximize Savings on High-Dollar Credit Card Transactions Do you need to accept large ticket credit cards.  Unlock significant savings on processing fees for large credit card transactions. With Revolution Payments, you can slash your costs for accepting commercial, purchase, and government cards by up to 40%. Don’t let high transaction values eat into your bottom…

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Level I, Level II, and Level III Credit Card Processing

Understanding and Optimizing Level I, Level II, Level III Credit Card Processing

January 23, 2024

Title: Level I, Level II, and Level III Credit Card Processing play a crucial role in defining interchange categories and qualifications for B2B and B2G credit card transactions. Implementing Level 3 credit card processing can significantly reduce the cost of accepting these transactions by up to 40% before the processor adds their fee. Key Points:…

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Level I, Level II, and Level III Credit Card Processing

Level I, Level II, and Level III Credit Card Processing

December 11, 2023

Level I, Level II, and  Level III Credit Card Processing defines the different interchange classifications for Business-2-Business and Business-2-Government credit card transactions. Level III credit card processing is a more detailed way of accepting B2B and B2G transactions.  Businesses whos merchants accounts are properly set up can lower the interchange costs of accepting these cards…

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Save Money

Save Money with Level 3 P-Card Processing

June 8, 2023

If you are a government contractor who accepts credit cards you should familiarize yourself with level 3 credit card processing.  Visa and MasterCard created special rates as a way to encourage government government contractors to enter level 3 payment detail. Doing so can lower your cost of accepting these cards by 30%-40%. Make sure you…

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Government contractors Why pay 2.70% vs 1.9%?

Winning government contracts

August 1, 2022

If you are like many government contractors you invested a lot of time and energy winning government contracts.  Now that you have a contract. How do you accept a government purchase card and keep more of your money. Sean Jones, the president of Revolution Payments explains just that, in this podcast interview. Winning government contracts…

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How I saved this government contractor over $4,600 per month in fees w/o changing their rate

June 16, 2022

  With the many challenges facing contractors today, many have relied on their banks to set-up their credit card processing. It’s regrettable that many in the contracting industry are unaware of the advantages that correct processing solutions can present. Many years ago MasterCard and Visa have created special interchange rates to support purchase card programs…

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How To Lower Interchange Fees

How to Lower Interchange Fees – Revolution Payments

June 18, 2021

I’m going to explain how to lower interchange fees by including level 2 and level 3 line item detail on your B2B and B2G transactions.   This is geared towards businesses that primarily accept credit cards from businesses or government vs. consumer cards.  You can implement some of these ideas to help reduce the interchange fees you…

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