Accepting Large Ticket Credit Card Transactions.
Accepting Large Ticket Credit Card Transactions and Level-3 processing Solutions
The large ticket program can significant reduce your Visa and MasterCard commercial transaction cost. Check with your current provider or call and speak with on of Revolution Payments level 3 payment consultants.
The information below reflects Visa Transactions. I will be posting MasterCard Large Ticket Rates on an upcoming post.
PURCHASING CARD LARGE TICKET
– Applies to all non-T&E MCC.
– Applies to CPS qualified non-GSA Purchasing Cards only.
– Level II and Level III data required. Tax Exempt are eligible.
– Transaction amount must be $6980.00 and above.
GSA PURCHASING CARD LARGE TICKET
– Applies to GSA issued Purchasing cards only.
– T & E merchants are not eligible.
– Transactions not meeting CPS requirements will not qualify.
– Level II and Level III data required. Tax Exempt are eligible.
– Transaction amount must be $6483.34 and above.
PURCHASING LARGE PURCHASE ADVANTAGE
– Applies to CPS qualified domestic Large Purchasing Advantage Cards and GSA Purchasing Cards only.
– Must be card not present.
– Settled within 7 days.
– VLPA Ticket 1 = Trans amount must be $10,000.01 – $25,000.00.
– VLPA Ticket 2 = Trans amount must be $25,000.01 – $100,000.00.
– VLPA Ticket 3 = Trans amount must be $100,000.01 – $500,000.00.
– VLPA Ticket 4 = Trans amount must be $500,000.01 or greater
Revolution payments can help you grow your bottom line profits regardless of your current rate or processor. Most merchants have been conditioned to focus only on rate. Rate is important,
but the best of the best can significantly impact your bottom line with value added services, technology and solutions the average merchant professional knows about and failed to mentioned. If your processing B2B or B2B payments, you should consult with a processor specializing in this space. Processing commercial transactions is much different than your average merchant account.
Give us a call at 888 790 3450 or email info@ revolution-payments.com to speak with a level 3 processing consultant and expert