B2B Processing & Level III
Level 3 processing gives you the merchant the ability to process procurement or purchasing cards (cards used typically by larger companies and definitely by the government). Line item detail such as item descriptions, quantity, price, freight and other pertinent information required for streamlined accounting and business practices are required for Level III.
This detail defines what is purchased and links that information WITH the payment transaction and delivers it electronically to appropriate personnel. A powerful tool in financial and operational efficiency, reducing labor and costs.
Revolution provides are B2B processing clients with –
- both software and virtual gateway solutions – standard credit card terminals are not capable of supporting level 3 processing. RPS solutions are secure, PCI compliant.
- the lowest pricing available – interchange cost plus. This pricing method allows B2B merchants to capitalize on VISA and MasterCards incentive rates such as large ticket purchases and rates for select SIC codes.
Revolution Level 3 processing ensures a strong ROI for our merchants. Consider –
- Increased revenues – with access to additional sales channels including government and corporate contracts
- Lower processing rates and collection costs.
- Increased overall efficiency – reducing labor costs.
- Quick payments – 2-3 days compared to 30, 60 or even 90.
If your business is experiencing increased requests for processing commercial and purchasing cards it’s past time to investigate level 3 options. Call RPS today @888 790 3450 or Contact us for a complete, free, no obligation evaluation of your processing needs.