Posts Tagged ‘level 3 credit card processing’
How I saved this government contractor over $4,600 per month in fees w/o changing their rate
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…
Read MoreGSA Vendors & Contractors Increase your margins by 1% with level 3 credit card processing
GSA Vendors & Contractors Increase your margins by 1% with level 3 credit card processing! What is Level 3 processing? Level 3 processing is a more sophisticated way of accepting commercial, business, purchase & government cards that allows any business selling to other companies or government to lower transaction cost by 30%-40% from (interchange rebates)…
Read MoreLevel 3 Credit Card Processing, Is it right for you?
With the many challenges facing contractors today, it’s no wonder so many are relying on their banks or existing credit card processors to set them up to accept Government P-cards. It’s regrettable that many in the contracting industry are unaware of the advantages available for accepting these cards correctly To support acceptance of corporate &…
Read MoreGSA Point of Sale & Transactional Data Technical Information
The GSA site has some great information regarding Level 3 processing and benefits/Additional revenue available to Government Vendors and Contractors. The following information is provided for informational purposes only to provide technical background information on the Point of Sale & Transactional Data initiative to vendors. Transactional Data • Level-3 “transactional” Data: is an “electronic invoice”…
Read MoreLevel 3 Credit Card Processing for GSA Vendors/Contractors
Level 3 Credit Card Processing for GSA Vendors/Contractors Government Contractors can reduce Credit Card Processing Fees with a Level 3 Merchant Account from Revolution Payments! MasterCard & Visa created special “interchange” rates to support vendors by reducing cost “interchange” when level 3 payment detail is included with the payment file. Vendors can save as much as 30% to 40%, saving your…
Read MoreLevel 3 Payment Processing
What is Level 3 Payment Processing Level 3 credit card processing allows merchants who accept Business-2-Business (B2B) & Business-2-Government (B2G) Corporate or Purchase Cards to send additional line item detail along with the transaction, when in turn lowers interchange cost by 30%-40%. As stated on the GSA site: Value Proposition for Vendors: “Faster funding: Improves…
Read MoreProcessing Government P-cards w/ level 3 payment data
GSA Vendors Why pay 2.65% vs 1.85% to process a Government P-card? With the many challenges facing contractors today, it’s no wonder so many are relying on their banks or existing credit card processors to set them up to accept Government P-cards. It’s regrettable that many in the contracting industry are unaware…
Read MoreGSA SmartPay Level III Processing
Revolution Payments is helping government contractors and B2B merchants meet the requirements for processing and capturing level III line item detail for GSA SmartPay, B2B and Purchase card credit card transactions. This not only lowers your cost of accepting these cards by 30%-40% but can help you look more attractive to Federal Buyers looking for…
Read MoreHow Level-3 Processing Reduces the cost of B2B & Government Credit Card Transactions
Including level-3 line item detail on your B2B & B2G transactions reclassifies these transactions to lower interchange rates. 100% of interchange goes back to the bank that issued the credit card, not processors. Commercial and government cards qualify one of three interchange levels. Level 1, 2, or 3. Level 3 processing allows you to capture…
Read MoreLevel 3 Processing-Increasing your profit margins on B2B & B2G transactions
Level 3 processing reclassifies your: Commercial, Business, Fleet, Purchasing & Government credit card transactions to lower interchange rates and allows you to capture a large chunk of revenue you cannot receive from your processor. Receive your no obligation level 3 rate quote and increase your profit margins by 40%! level 3 Processing Rate Quote
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