Posts Tagged ‘level 3 line item detail’
Understanding and Optimizing Level I, Level II, Level III Credit Card Processing
Title: Level I, Level II, and Level III Credit Card Processing play a crucial role in defining interchange categories and qualifications for B2B and B2G credit card transactions. Implementing Level 3 credit card processing can significantly reduce the cost of accepting these transactions by up to 40% before the processor adds their fee. Key Points:…
Read MoreHow to Lower Interchange Fees – Revolution Payments
I’m going to explain how to lower interchange fees by including level 2 and level 3 line item detail on your B2B and B2G transactions. This is geared towards businesses that primarily accept credit cards from businesses or government vs. consumer cards. You can implement some of these ideas to help reduce the interchange fees you…
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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