Posts Tagged ‘level 3 credit card processing’
GSA Large Ticket Interchange — What Government Contractors Are Leaving on the Table
The GSA large ticket interchange program is a Visa interchange category specifically created for government purchase card transactions above a certain dollar threshold. For government contractors — including GSA Schedule vendors, SEWP contract holders, and DoD suppliers — who regularly receive large purchase card payments from federal agencies, this program can significantly reduce the interchange cost on…
Read MoreSurcharging Government Purchase Cards — What Government Contractors Need to Know
Some government contractors are permitted to do surcharging on government purchase card transactions. Whether doing so makes sense is a different question — and for contractors who choose not to surcharge, there is a path to significantly lower interchange costs that most processors never mention. The question of whether government contractors can surcharge government purchase cards is…
Read MoreWhat 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 MoreLevel 3 credit card processing explained
This short video explains the benefits of Level 3 processing for B2B and B2G businesses and how providing enhanced transaction data can significantly reduce interchange costs on eligible commercial, purchasing and government cards. Important 2026 Update: This video was originally created when Visa and Mastercard both used the traditional Level 1, Level 2 and Level…
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”…
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