high ticket interchange – Merchant Accounts

MC Large Ticket Interchange Program

sjadmin1 — Fri, 02 Sep 2016 21:00:48 +0000

Business Large Ticket I Debit	1.25%	+	$40.00	Business Debit card transactions, accepted at non-T&E locations, level III data submitted, transaction amount between $7,255 and $24,999.99
Business Large Ticket II Debit	1.25%	+	$40.00	Business Debit card transactions, accepted at non-T&E locations, level III data submitted, transaction amount between $25,000 and $100,000.
Business Large Ticket III Debit	1.25%	+	$40.00	Business Debit card transactions, accepted at non-T&E locations, level III data submitted, transaction amount above $100,000.
Int’l Corporate Large Ticket	0.05%	+	$0.21	Commercial Card transactions will receive this rate when they have achieved either International Purchasing or International Purchasing Data Rate II and this rate is a lower effective rate than the achieved rate, transaction settled within 29 days of authorization. Valid Federal Taxpayer Identification number is required. Transaction amount must be greater than $2,727.00. MCC’s 3000-3299, 4511, 3351-3500, 7512, 7513, 7519, 3501-3999, 7011, 4112, 5812 are excluded from this program
Corporate Large Ticket 1	0.05%	+	$0.21	Commercial Card transactions, accepted at non-T&E locations, level III data submitted, transaction amount between $7,255 and $24,999.99.
Corporate Large Ticket 2	0.05%	+	$0.21	Commercial Card transactions, accepted at non-T&E locations, level III data submitted, transaction amount between $25,000 and $100,000.
Corporate Large Ticket 3	0.05%	+	$0.21	Commercial Card transactions, accepted at non-T&E locations, level III data submitted, transaction amount above $100,000.
Int’l Corporate Large Ticket	0.05%	+	$0.22	Commercial Card transactions will receive this rate when they have achieved either International Purchasing or International Purchasing Data Rate II and this rate is a lower effective rate than the achieved rate, transaction settled within 29 days of authorization. Valid Federal Taxpayer Identification number is required. Transaction amount greater than $2,727.00. MCC’s 3000-3299, 4511, 3351-3500, 7512, 7513, 7519, 3501-3999, 7011, 4112, 5812 are excluded from this program
Corporate Large Ticket 1	0.05%	+	$0.22	Commercial Card transactions, accepted at non-T&E locations, level III data submitted, transaction amount between $7,255 and $24,999.99
Corporate Large Ticket 2	0.05%	+	$0.22	Commercial Card transactions, accepted at non-T&E locations, level III data submitted, transaction amount between $25,000 and $100,000.
Corporate Large Ticket 3	0.05%	+	$0.22	Commercial Card transactions, accepted at non-T&E locations, level III data submitted, transaction amount above $100,000.
Enhanced Large Ticket I	0.05%	+	$0.22	Enhanced Business card transactions, accepted at non-T&E locations, level III data submitted, transaction amount between $7,255 and $24,999.99.
Enhanced Large Ticket II	0.05%	+	$0.22	Enhanced Business card, accepted at non-T&E locations, level III data submitted, transaction amount between $25,000 and $100,000.
Enhanced Large Ticket III	0.05%	+	$0.22	Enhanced Business card transactions, accepted at non-T&E locations, level III data submitted, transaction amount above $100,000.
Corporate Large Ticket 1 – Corporate	1.25%	+	$40.00	Commercial Card transactions, accepted at non-T&E locations, level III data submitted, transaction amount between $7,255 and $24,999.99
Corporate Large Ticket 2 – Corporate	1.20%	+	$60.00	Commercial Card transactions, accepted at non-T&E locations, level III data submitted, transaction amount between $25,000 and $100,000.
Corporate Large Ticket 3 – Corporate	1.15%	+	$80.00	Commercial Card transactions, accepted at non-T&E locations, level III data submitted, transaction amount above $100,000.
Corporate Large Ticket 1 – Business	1.20%	+	$40.00	Commercial Card transactions, accepted at non-T&E locations, level III data submitted, transaction amount between $7,255 and $24,999.99
Corporate Large Ticket 2 – Business	1.20%	+	$40.00	Commercial Card transactions, accepted at non-T&E locations, level III data submitted, transaction amount between $25,000 and $100,000.
Corporate Large Ticket 3 – Business	1.20%	+	$40.00	Commercial Card transactions, accepted at non-T&E locations, level III data submitted, transaction amount above $100,000.
Corporate Large Ticket 1 – Purchasing	1.25%	+	$40.00	Commercial Card transactions, accepted at non-T&E locations, level III data submitted, transaction amount between $7,255 and $24,999.99
Corporate Large Ticket 2 – Purchasing	1.20%	+	$60.00	Commercial Card transactions, accepted at non-T&E locations, level III data submitted, transaction amount between $25,000 and $100,000.
Corporate Large Ticket 3 – Purchasing	1.15%	+	$80.00	Commercial Card transactions, accepted at non-T&E locations, level III data submitted, transaction amount above $100,000.
Corporate Large Ticket 1 – Fleet	1.25%	+	$40.00	Commercial Card transactions, accepted at non-T&E locations, level III data submitted, transaction amount between $7,255 and $24,999.99
Corporate Large Ticket 2 – Fleet	1.20%	+	$60.00	Commercial Card transactions, accepted at non-T&E locations, level III data submitted, transaction amount between $25,000 and $100,000.
Corporate Large Ticket 3 – Fleet	1.15%	+	$80.00	Commercial Card transactions, accepted at non-T&E locations, level III data submitted, transaction amount above $100,000.
Business Large Ticket I Spend 2	1.36%	+	$40.00	Business card transactions, accepted at non-T&E locations, level III data submitted, transaction amount between $7,255 and $24,999.99
Business Large Ticket II Spend 2	1.36%	+	$40.00	Business card, accepted at non-T&E locations, level III data submitted, transaction amount between $25,000 and $100,000.
Business Large Ticket III Spend 2	1.36%	+	$40.00	Business card transactions, accepted at non-T&E locations, level III data submitted, transaction amount above $100,000.

High Ticket Interchange Program

sjadmin1 — Fri, 26 Feb 2016 17:04:17 +0000

If you receive large ticket credit card orders from clients, the High Ticket Interchange Program can significantly reduce your transaction cost.

Visa

Purchasing Card-Non GSA/Corporate transaction greater than or equal to $8,725 ( 1.45% +$35.00 )
Large Ticket Advantage

Only Card Not Present Transactions

$10,000.01 - $25,000 0.70% + $49.50

$25,000.01 - $100,000 0.60% + $52.50

$100,000.01 - $500,000 0.50% + $55.50

Greater than $500,000 0.40$ + $58.50

Visa GSA Large Ticket

GSA Large Ticket Processing Interchange Category
>$5,186.66		Apr 2013
Visa Interchange Category	MPS SHORT DESCRIPTION	% Rate	Per Item
GSA Large Ticket*	GSA LG TKT	1.20%	$39.00
GSA Large Ticket*	GSA LG TKT	1.20%	$39.00
GSA Large Ticket*	GSA LG TKT	1.20%	$39.00
GSA Large Ticket*	GSA LG TKT	1.20%	$39.00

MasterCard

Large Ticket Processing Interchange Category
>$7,255.00		% Rate & Per Item
MasterCard Interchange Category
Corporate Large Ticket 1	CORP LG TK	1.35%	$40.00
Corporate Large Ticket 1 – Business	C LGTK I B	1.25%	$40.00
Corporate Large Ticket 1 – Fleet	C LGTK I F	1.25%	$40.00
Corporate Large Ticket 1 – Purchasing	C LGTK I P	1.35%	$40.00
Corporate Large Ticket 1 –Business	C LGTK I B	1.25%	$40.00
Corporate Large Ticket 1	CORP LG TK	1.35%	$40.00
Corporate Large Ticket 1 – Business	C LGTK I B	1.25%	$40.00
Corporate Large Ticket 1 – Fleet	C LGTK I F	1.25%	$40.00
Corporate Large Ticket 1 – Purchasing	C LGTK I P	1.35%	$40.00
Corporate Large Ticket 1 – Business	C LGTK I B	1.25%	$40.00
Corporate Large Ticket 1	CORP LG TK	1.35%	$40.00
Corporate Large Ticket 1 – Business	C LGTK I B	1.25%	$40.00
Corporate Large Ticket 1 – Purchasing	C LGTK I P	1.35%	$40.00
Corporate Large Ticket 1 – Fleet	C LGTK I F	1.25%	$40.00
Enhanced Large Ticket I	LGTKT1 ENH	1.37%	$40.00
Enhanced Large Ticket I	LGTKT1 ENH	1.37%	$40.00
Enhanced Large Ticket I	LGTKT1 ENH	1.37%	$40.00
Enhanced Large Ticket I	LGTKT1 ENH	1.37%	$40.00
Enhanced Large Ticket I	LGTKT1 ENH	1.37%	$40.00
World Business Large Ticket 1	MWBCMLGTK1	1.42%	$40.00
World Business Large Ticket 1	MWBCMLGTK1	1.42%	$40.00
World Business Large Ticket 1	MWBCMLGTK1	1.42%	$40.00
World Business Large Ticket 1	MWBCMLGTK1	1.42%	$40.00
World Business Large Ticket 1	MWBCMLGTK1	1.42%	$40.00
World Elite Business Large Ticket I	WEBCMLGTK1	1.47%	$40.00
World Elite Business Large Ticket I	WEBCMLGTK1	1.47%	$40.00
World Elite Business Large Ticket I	WEBCMLGTK1	1.47%	$40.00
World Elite Business Large Ticket I	WEBCMLGTK1	1.47%	$40.00
World Elite Business Large Ticket I	WEBCMLGTK1	1.47%	$40.00

Purchasing Card Large Ticket Program T&E MCCs (Excluded) MCC Description

3000-3999 Airlines/Car Rental Companies/Hotels
4112 Passenger Railways 4411 Steamship and Cruise Lines
4511Airlines and Air Carriers
4722 Travel Agencies and Tour Operators
5812 Eating Places and Restaurants 5814 Fast Food Restaurants
7011 Lodging – Hotels, Motels, Resorts 7512 Automobile Rental Agency

To learn more about processing level 3 data or high ticket program

Please call 888 790 3450 or email info@ revolution-payments.com to get signed up for the High Ticket Interchange Program

How to Reduce your transaction cost for accepting commercial cards

sjadmin1 — Fri, 26 Feb 2016 01:46:58 +0000

Passing Level-2 and Level-3 Detail on the commercial, corporate,
fleet, purchasing and government cards your accepting can reduce your
transaction cost by 40%.

Savings is further enhanced for:

GSA transactions $5,984.61> Interchange is 1.20% + $39
Non GSA $8,725> Interchange is ( 1.45% +$35.00 ) this varies whether
it’s a V/MC

Which qualify for Large Ticket Interchange

If you sell to other businesses or government and not set up correctly
to pass level-2 and level-3 credit card processing detail, your giving up a large
chunk of revenue you cannot get from a processor lowering your rate.
This all happens on an interchange level before your processor adds
their markup.

It’s highly recommended merchants consult with an experienced
Business-to-Business and Business-to-Government merchant service
provider. You need the proper payment technology and rate structure
to ensure you receive 100% of the interchange discounts.

Level-2 and Level-3 Made Easy

Revolution Payments can automate interchange qualification by
automatically sending level-2 and level-3 detail on your behalf
without requiring you to enter the up to 13 fields of information.

Questions? call 888 790 3450

To receive a No obligation and confidential analysis Upload a recent statement Here

Level-3 processing through QuickBooks supported