Winning Government Contracts

Winning Government Contracts

By Sean Jones | August 5, 2022

Winning government contracts and keeping more profits!!  Once you win a government contract how can you keep more of your money? One way contractors can offer government clients the best possible price without pinching their margins is by becoming Level-3 credit card processing compliant. With Level-3 contractors can guarantee that they are getting the best…

Purchasing – Card Not Present

By Sean Jones | January 7, 2022

Purchasing – Card Not Present Interchange: 2.70% + $0.10 Purchasing Card Not Present is the Visa Interchange rate for a purchasing card type card not present credit transaction. Change History: October 2017: 2.65% + $0.10 October 2011: 2.55% + $0.10 Transaction taken on a purchasing card that meets the criteria for either: CPS Card Not…

Level 3 Processing Data : What It Is and How to Qualify for  level 3 interchange rates-Revolution Payments

By Sean Jones | January 6, 2022

Level 3 processing data is additional line-item detail that is entered when processing a commercial or government credit card. Visa and MasterCard created special interchange rates to entice merchants to provide Level 3 processing data. By providing level 3 data a business can lower the cost of accepting a B2B or B2G card by 1%-1.5%…

Commercial Product Large Ticket

Commercial Product Large Ticket

By Sean Jones | December 14, 2021

Companies accepting large credit card transactions from other businesses or government should make sure they are set up to receive Commercial Product Large Ticket interchange rates. Visa and MasterCard offer large ticket interchange rates for high dollar transactions.  Interchange will vary depending on the card type and the size of the ticket. Purchase Advantage (Only applies…

How to lower credit card processing interchange fees

How to lower credit card processing interchange fees

By Sean Jones | April 2, 2021

I’m going to explain how to lower credit card processing interchange fees. You can implement some of these ideas to reduce the interchange fees you pay to accept credit cards.  When it comes to your money, it makes sense to find ways to keep as much of it as you can. Interchange amounts to at…

Level III Credit Card Processing Solution for Salesforce Users

Level III Credit Card Processing Solution for Salesforce Users

By Sean Jones | January 11, 2021

Revolution Payments announces a Level III credit card processing solution for Salesforce users. This integrated solution streamlines and simplifies payment processing while mitigating the higher interchange fees automatically applied to credit cards accepted from other businesses or government. Merchants utilizing this service are automatically enrolled in Revolution Payments free commercial card interchange optimization program. This lowers the…

Interchange Optimization

Interchange Optimization

By Sean Jones | December 23, 2020

Implement Interchange optimization to ensure your transactions are hitting the lowest interchange rate, without having to manually enter Level II and Level III detail which is otherwise be required. The fees you pay to accept credit cards is a part of doing business however, most businesses are unaware that programs exist that can help reduce…

Epicor Level III Credit Card Processing

Epicor Level III Credit Card Processing

By Sean Jones | December 3, 2020

Streamline your workflow and reduce the interchange cost of accepting commercial cards by up to 1.5% with Revolution Payments Epicor Level 3 credit card processing solution. This solution operates effectively within Epicor. Integrating credit card processing activities into your accounting system. Improve workflow, save time, improve visibility and reduce your double entry. Streamline & simplify…

Level 3 Data

Commercial Card Optimization

By Sean Jones | December 2, 2020

Automated Commercial Card Optimization Take advantage of Level II and Level III processing to reduce costs.   Many businesses are unknowingly leaving money table and don’t even realize it. The fees for accepting credit cards are a big part of doing business however, there are programs that existing to help reduce these interchange fees. There…

Credit card processing levels

Credit card processing levels

By Sean Jones | October 23, 2020

Credit card processing levels refers to the additional line item details that are included with a credit card transaction. Level 1 processing refers to business-to-consumer (B2C) transactions, during which consumers use a personal credit cards to make purchase. The data required for a Level 1 transaction is minimum including the merchant name, transaction amount and date.…