If so, I have some important news that  can Add up to 1.5% to your bottom line and Profit margins without having to increase your sales volume….

You probably already know that Visa and MasterCard use “interchange fees” to determine how much you pay an issuing bank each time you accept a credit card order.

These interchange fees can amount to  75%-90% of a business’s total expense for accepting credit cards, especially for commercial and government transactions.

What the banks and credit card processors may not have told you is that for business-to-business and government purchases, interchange fees fall into 1 of 3 processing categories — Level 1, Level 2, and Level 3 – with 1 being the highest rates and Level 3 being the lowest.

Revolution Payments offers a proprietary payment solution, and here’s how it works:

For all credit card transactions … whether processed online or entered manually on your PC or mobile device … our system automatically  that updates all your credit card orders to Level 2 & Level 3 processing interchange rates.

On average, businesses that process with Revolution Payments Lower their rate on average by 1.0% to 1.5%.

You could try to manually add the necessary Level 3 payment details. But it’s pretty complex, with over 400 different interchange rates based on industry, method of card acceptance, type of card used, and size of purchase!

The Revolution Payments Gateway  makes the complex incredibly simple,.

The first step is to call me toll-free 888-790-4350 for a free, no-obligation rate quote

Or visit www.revolution-payments.com and click the Free Rate Quote tab at the top

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” with line-item details. It defines “what” is
being purchased, “’how” the sales takes place, “who” is involved in the transaction, and “when” it takes
place, it combines that information with the basic payment data and delivers it electronically to the
issuer.

• Level-3 line item detail provides data elements such as a description of the product, quantity, unitof-
measure, price, price discount applied and sales tax information when applicable. It adds
transparency and accountability to the taxpayer’s money spending process.
• These data elements are combined with basic transaction information such as the merchant
establishment information and cardholder information.

Value Proposition for Vendors:
• Faster funding: Improves profitability by reducing payment time from 30-45 days on an invoice to 2-3
days for electronic payment. Faster payments reduce your cost of floating funds until payments are
received

• Savings – MasterCard and Visa have created special rates to support Purchase Card programs
reducing the merchant transaction costs (Interchange) if Level-3 line item detail information is
transmitted with the card payment file. By providing Level-3 data, a supplier may reduce their credit
card processing fees – often by 30% to 40%.

• NOTE: The examples below show the “Wholesale” Cost from Visa and MasterCard
(Interchange) to the Acquiring Banks. The true cost to the Vendors/Merchants will be higher because
they will include additional charges from the Bank and/or Independent Agents servicing their
merchant processing accounts. Most independent sales agents work on commissions or “residual
income”.

• SUGGESTION: Vendors should ask their merchant processor for a pricing model which shows
the true interchange cost, plus a constant profit margin (sometimes called “Interchange Plus”, or
“Pass-Through Plus” by the Processors).

• Example #1, Visa Interchange Exercise:
Cost for a $5000 Visa transaction without Level 3 Data: $139 or 2.78%
Cost for a $5000 Visa transaction with Level 3 Data: $99 or 1.98%
Cost for a $3000 Visa transaction without Level 3 Data: $99 or 3.30%
Cost for a $3000 Visa transaction with Level 3 Data: $75 or 2.50%

• Example #2, MasterCard Interchange Exercise:
Cost for a $5000 MasterCard transaction without Level 3 Data: $147.50, or 2.95%
Cost for a $5000 MasterCard transaction with Level 3 Data: $102.50, or 2.05%
Cost for a $3000 MasterCard transaction without Level 3 Data: $88.60, or 2.95%
Cost for a $3000 MasterCard transaction with Level 3 Data: 77.58%, or 2.58%

You can see in the examples above and GSA examples, including level 3 payment detail AKA line item detail can lower the cost of accepting

credit cards from the government and businesses by 30%-40%. This happens before credit card processors add their markup to your

transactions.

For more information give us a call at 888 790 3450 or email info@revolution-payments.com

Not doing so, you lose .80%-1.5% of potential revenue on every credit card you accept. 

To understand level 3 processing if accept B2B Business-2-Business & B2G Business-2-Government transactions you need to have a basic understating of interchange.

Visa and MasterCard use “interchange fees” to determine how much you pay the issuing bank.  There are over 400 various rates that vary depending on: Type of cards, your industry, size of the ticket, SIC code, method of processing and many other factors.

For business-to-business (B2B) and business-to-government (B2G) purchases, these interchange fees fall into one of 3 processing categories — Level 1, Level 2, or Level 3. Level 1 has the highest rates. Level 3 has the lowest rates.

Accepting credit cards from other businesses or government w/o including level 3 processing detail, Your Losing .85%-1.5% of potential (interchange) revenue on EVERY transaction-the reason also has Nothing do to with your processor or rate!

You can see this for yourself by Googling Visa Interchange Rates.    Or visit here
Visa’s website page 11

You can see the interchange cost of accepting a commercial card with vs w/o level 3 payment detail. This happens before your processor adds their markup.

• Commercial Level III 1.85% + $0.10
• Commercial Level II 2.05% + $0.10
• Commercial Card Present 2.50% + $0.10
• Commercial Card Not Present 2.65% + $0.10

Revolution Payments developed technology to help businesses meet the requirements resulting in qualifying for MasterCard and Visa Level 3 interchange rates without having to manually enter the 7-13 additional fields otherwise required.

On average, this lowers the cost of accepting B2B & B2G credit card transactions on average by 1.0% to 1.5%., with companies seeing as high as $3,000-$11,000 per month in savings.

The Revolution Payments’ Gateway automates the Level 3 updating of credit card payments – making the complex incredibly simple.

Statistics show us that 3 out of 5 businesses are still not accepting commercial and government cards correctly.  Are you?  Call today for your No Obligation level 3 rate quote and analysis.

Questions? Call 888 790 3450 and speak with one of level 3 payment processing consultants

Revolution Payments is a is a full-service payment provider of electronic transaction processing services for
(B2B) business-to-business and (B2G) business-to-government
merchants with over 20 years’ experience

https://www.level-3paymentprocessing.com/b2b

Setting up a merchant account to accept commercial, business & government cards is different than a standard retail merchant account.

Statics show us that at least 3 out of 5 GSA businesses have not been set up to accept commercial cards correctly.

Most have been set up to accept standard consumer credit cards vs commercial and purchase cards.
This is unknowingly cutting into profit margins, on average by 1%-1.5%

The image below is how your statement looks when properly set up to accept Purchase cards

Level 3 Interchange Rate

All keyed purchase cards and clearing at Level-3 Interchange and 1.85%

It’s regrettable that many businesses are unaware of the advantages that correct processing solutions can present.

To support acceptance of these cards, MC & Visa have reduced interchange rates associated with these cards if Level-2 & Level-3 data is included in the transaction

Revolution Payments developed the technology to help contractors meet these requirements resulting in qualifying for MasterCard and Visa’s lower rates.

These reduced rates are passed on to the merchant dramatically lowering their fees and saving in many cases as much as 50% on our clients processing fees.

Receive your free no obligation complimentary and confidential analysis Today!
https://www.revolution-payments.com/free-rate-quote-request/

Questions? Give us a call at 888 790 3450

It has been our experience that the vast majority of businesses (75 to 80%) that engage in B2B and B2G processing are not aware of or properly set-up to take advantage of MasterCard and Visa’s special rates on the Corporate and Purchase Card programs.

Are you? If so your your rates for these transactions will vary from 1.75%-1.89% and look very similar to the statement snippet above.

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 of the advantages available for accepting these cards correctly

To support acceptance of corporate & Government P-cards, MasterCard & Visa have reduced interchange rates associated with these cards if  Level-3 payment data is included in the credit card transaction.  These special rate can reduce a contractors processing costs by up to 40%.

This savings is available for any size ticket, HOWEVER savings can be further increased for contractors by enrolling in the special GSA Smartpay “Large Ticket” program.  This qualifies your  transactions of $5,984.61 and above at 1.2%

Statics show us that at least 3 out of 5 GSA schedule vendors have not been set up to accept Purchase cards correctly. Most have been set up to accept standard consumer credit cards vs commercial and purchase cards. This is unknowingly cutting into a vendors profit margin, on average by 1%-1.5%

One reason this is often overlooked is that Level 3 processing reclassifies a portion of the interchange fees businesses pay to accept credit cards, that is not related to the rates processors charge.

Interchange goes back to the bank that issued the credit card and amounts to 75%-90% of a businesses total expense for accepting credit cards

Credit card processors receive no incentive for offering you level 3 processing, nor are they required to make sure contractors are properly set up to accept credit cards in the most efficient and economical matter.

Revolution Payments developed technology to help contractors meet the requirements for qualifying for the reduced Visa & MasterCard processing rates.

This new revenue can easily add 1%-1.5% to your bottom line without having to increase your sales volume.

Most processors have the best intentions

Even if your processor has the best intentions and honestly trying to do a good job for you, their inexperience when it comes to setting your account properly to accept Government P-Cards may be driving your costs up.

Setting up a merchant account to accept commercial and government credit cards is different than setting up a traditional retail merchant account.

Questions?  Give us a call at 888-790-4350

Or visit www.revolution-payments.com  and click the Free Rate Quote tab at the top for your confidential analysis and rate review.

You can also email a recent statement to info@revolution-payments.com

Revolution Payments

A leading advocate and Level 3 credit card processor for government contractors and suppliers

To encourage merchants to provide this level of data, Visa and MasterCard created special interchange rates to support level 3 credit card processing. These special interchange rates can easily lower your cost of accepting Business-2-Business (B2B) & Business-2-Government (B2G) transactions by 30%-40%.

If you have questions about level 3 processing or curious to learn whether or not its a good fit for your business give us a call at 888-790-3450 or take advantage of our No obligation level 3 processing rate quote.