Posts Tagged ‘level 3 credit card processing’
Processing 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
Read MoreLevel 3 Processing Automated!
Automate Your Level 3 Processing Interchange Rate Qualification. Visa and MasterCard use “interchange fees” to determine how much you pay the card issuing banks each time you accept a credit card transaction. What most banks and processors may not have told you is that for B2B, Commercial or government purchases, interchange rates fall into…
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