visa large ticket program – Merchant Accounts https://level-3processing.com Thu, 17 Aug 2017 19:58:23 +0000 en-CA hourly 1 https://wordpress.org/?v=6.9.4 https://level-3processing.com/wp-content/uploads/2016/06/cropped-revolution_image-32x32.png visa large ticket program – Merchant Accounts https://level-3processing.com 32 32 Large Ticket Transaction Processing https://level-3processing.com/large-ticket-transaction-processing/ Thu, 17 Aug 2017 19:58:23 +0000 https://www.level-3processing.com/?p=544 Save money with Revolution Payments Large Ticket Credit Processing Program. Our program reduces the high processing costs normally associated with high ticket transactions.

Below I’ve highlighted some of the High Ticket Interchange Rates.   This will also vary depending on the size of the ticket.
Questions? Give us a call 888 790 3450

Revolution Payments

 

Visa Interchange Category   DESCRIPTION % Rate + Per Item % Savings PI Savings
Purchasing Large Ticket* PUR LG TKT 1.45% + $35.00 0.40% -$34.90
Corporate Large Ticket CORP LGTKT 1.45%  $35.00 0.40% -$34.90

 

>$7,255.00 Apr 2017
MasterCard Interchange Category MPS SHORT DESCRIPTION % Rate + Per Item % Savings PI Savings $ Savings
Corporate Large Ticket 1 CORP LG TK 1.25% + $40.00 0.65% -$39.90 $0.00 $0.00
Corporate Large Ticket 1 – Business C LGTK I B 1.20% + $40.00 0.55% -$39.90 $0.00 $0.00
Corporate Large Ticket 1 – Fleet C LGTK I F 1.25% + $40.00 0.65% -$39.90 $0.00 $0.00
Corporate Large Ticket 1 – Purchasing C LGTK I P 1.25% + $40.00 0.65% -$39.90 $0.00 $0.00
Corporate Large Ticket 1 – Business C LGTK I B 1.20% + $40.00 0.55% -$39.90 $0.00 $0.00
Corporate Large Ticket 1 CORP LG TK 1.25% + $40.00 0.65% -$39.90 $0.00 $0.00
Corporate Large Ticket 1 CORP LG TK 1.25% + $40.00 0.65% -$39.90 $0.00 $0.00
Corporate Large Ticket 1 – Business C LGTK I B 1.20% + $40.00 0.55% -$39.90 $0.00 $0.00
Corporate Large Ticket 1 – Purchasing C LGTK I P 1.25% + $40.00 0.65% -$39.90 $0.00 $0.00
Corporate Large Ticket 1 – Fleet C LGTK I F 1.25% + $40.00 0.65% -$39.90 $0.00 $0.00
Business Large Ticket I Spend 2 LGTKT1 B2 1.36% + $40.00 0.55% -$39.90 $0.00 $0.00
Business Large Ticket I Spend 2 LGTKT1 B2 1.36% + $40.00 0.55% -$39.90 $0.00 $0.00
Business Large Ticket I Spend 2 LGTKT1 B2 1.36% + $40.00 0.55% -$39.90 $0.00 $0.00
Business Large Ticket I Spend 3 LGTKT1 B3 1.41% + $40.00 0.55% -$39.90 $0.00 $0.00
Business Large Ticket I Spend 3 LGTKT1 B3 1.41% + $40.00 0.55% -$39.90 $0.00 $0.00
Business Large Ticket I Spend 3 LGTKT1 B3 1.41% + $40.00 0.55% -$39.90 $0.00 $0.00
Business Large Ticket I Spend 4 LGTKT1 B4 1.51% + $40.00 0.55% -$39.90 $0.00 $0.00
Business Large Ticket I Spend 4 LGTKT1 B4 1.51% + $40.00 0.55% -$39.90 $0.00 $0.00
Business Large Ticket I Spend 4 LGTKT1 B4 1.51% + $40.00 0.55% -$39.90 $0.00 $0.00
World Business Large Ticket 1 MWBCMLGTK1 1.20% + $40.00 0.55% -$39.90 $0.00 $0.00
World Business Large Ticket 1 MWBCMLGTK1 1.20% + $40.00 0.55% -$39.90 $0.00 $0.00
World Business Large Ticket 1 MWBCMLGTK1 1.20% + $40.00 0.55% -$39.90 $0.00 $0.00
World Elite Business Large Ticket I WEBCMLGTK1 1.20% + $40.00 0.55% -$39.90 $0.00 $0.00
World Elite Business Large Ticket I WEBCMLGTK1 1.20% + $40.00 0.55% -$39.90 $0.00 $0.00
World Elite Business Large Ticket I WEBCMLGTK1 1.20% + $40.00 0.55% -$39.90 $0.00 $0.00
Business Large Ticket I Debit LGTKT I BD 1.25% + $40.00 0.55% -$39.90 $0.00 $0.00
Business Large Ticket I Debit LGTKT I BD 1.25% + $40.00 0.55% -$39.90 $0.00 $0.00
Business Large Ticket I Debit LGTKT I BD 1.25% + $40.00 0.55% -$39.90 $0.00 $0.00

 

 

]]> Reclassify your B2B and B2G credit card transactions to level 3 interchange rates https://level-3processing.com/reclassify-your-b2b-and-b2g-credit-card-transactions-to-level-3-interchange-rates/ Wed, 19 Apr 2017 16:21:40 +0000 https://www.level-3processing.com/?p=387 Level 3 credit card processing can lower your cost of accepting B2B and B2G credit card transactions by 40%.  Level 3 processing passes additional information about a transaction (line item detail) to the processor. Information you would generally seen on an invoice that is processed along with a transaction.

Revolution Payments can automatically reclassify your B2B and B2G transactions to level 2 & level 3 interchange rates.

Most business owners overlook the benefits of level 2 and level 3 processing and only focus on “rate” when choosing a processor.  This is a big mistake. Up to 90% of the fees you pay to accept credit cards goes back to the banks that issue credit cards.  This is referred to as “interchange”

Commercial, Purchase and Government credit cards transactions fall into 1 of 3 interchange categories, level 1, level 2 or level 3.  In reality most processors offering cost plus rates will come in relatively close, Level 3 processing allows you to capture up to 1.5% of additional interchange revenue that you cannot get from a processor.

 

Level 3 Interchange Rates.

I’ve attached a sample statement snippet of a client that is getting level 3 interchange rates.  All transactions are qualifying at

Visa level III interchange 1.85%.

Level 3 Interchange Rates

 

Compare this with your current rates, if you have questions about level 3 processing, or would like a no obligation level 3 rate quote, give us a call at 888 790 3450 or upload a recent statement HERE

 

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