Posts Tagged ‘level 3 credit card processing’
What Most Businesses Miss About Level 3 Credit Card Processing
Level 3 credit card processing gives businesses a more sophisticated way to accept payments, especially in the B2B space. Instead of just sending a total amount, Level 3 adds detailed line-item data to each transaction. When that enhanced data is present and passes correctly, interchange fees can be significantly lower, which makes a big difference…
Read MorePayment Processing Fees for Government Contractors
In today’s competitive government contracting landscape, keeping overhead low is more important than ever. Yet, one hidden expense continues to chip away at margins — payment processing fees for government contractors. Many contractors unknowingly pay far more than necessary, especially on Business-to-Business (B2B) and Business-to-Government (B2G) transactions, simply because their payment systems aren’t configured to…
Read MoreQuickBooks level 3 credit card processing
Reduce Payment Processing Costs with QuickBooks Level 3 Credit Card Processing If your business accepts corporate, government, purchasing, or commercial credit cards, you could be overpaying by as much as 1.5% per transaction. The key to unlocking lower interchange rates lies in QuickBooks Level 3 processing—a powerful solution that can slash your payment processing costs…
Read MoreHow 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…
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