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Level 3 Processing Interchange Rates | Revolution Payments

By Sean Jones | October 31, 2018

Level 3 processing interchange rates Will, reduce your cost of accepting commercial and or government transactions from .80%-1.5% depending on the type of card and size of the transaction. Level 3 processing was a program that was originally put in place to help the government manage spending.  Visa and MasterCard created special interchange rates to…

Level 3 Credit Card Processing | Lowers Processing Rates

By Sean Jones | October 24, 2018

Take your Business to a New Level with Level 3 Processing Any merchant service provider can set up a merchant account up to accept business-to-business (B2B) and business-to-government (B2G) purchases, however  Level 3 processing can reduce your interchange cost of accepting B2B & B2G transactions by 1% and more. Level 3 Credit Card Processing Lowers Processing…

Level 3 Processing Lowers Your Cost

By Sean Jones | October 17, 2018

If you have clients that pay you with a Commercial or Government P- card, its extremely likely Level 3 processing lowers your cost by 30% or more for B2B and B2G credit card transactions. Here’s  the thing, you probably already know that whenever you take a credit card you have to pay an interchange fee…

How to Accept Government Purchase Cards

By Sean Jones | September 11, 2018

How to accept government purchase cards. Almost any processor can set you up to accept government purchase cards however, if your goal is to accept government purchase cards at the lowest possible interchange rate, its very important to make sure your processor understands interchange as it relates to government p cards. Government Purchase cards qualify…

Level 3 Processing Provides the Lowest Interchange Rates

By Sean Jones | August 30, 2018

Level 3 processing provides the lowest interchange rates for commercial, B2B and government credit card transactions.   This chart shows the different interchange qualification levels when accepting commercial credit cards from your clients. This is why its so important to make sure you choose a processing partner that has experience and familiar with interchange rate qualification…

How much can a merchant save by supplying Level 3 data

By Sean Jones | August 10, 2018

How much can a merchant save by supplying Level 3 data (level 3 processing) on your B2B & B2G cards? This blog shows you.  I get that questions a lot.  You will always pay roughly 1% more than the lowest rate a processor can give you, when you accept commercial and purchase cards w/o level…

What is Level 3 Processing

By Sean Jones | August 8, 2018

What is level 3 processing Reduce your (interchange) cost of accepting commercial & government credit card transactions by 1%-1.5% with a (properly) set up level 3 processing merchant account. Level 3 processing is not for every business, restaurants and business considered travel/entertainment are not eligible. If you primarily sell to consumers vs. businesses, this is…

Level 3 Payment Processing

By Sean Jones | August 1, 2018

Revolution Payments Specialized Level 3  Payment Processing  Technology  Helps Government Contractors /Vendors & B2B merchants Reduce Transaction Cost for Accepting B2B & B2G credit cards. Our value enhancing payment technology automatically sends Level 3 line item detail on behalf  thereby reducing the interchange cost of accepting the cards by as much as 40%. With the…

What is Level 3 Processing

By Sean Jones | July 29, 2018

What is Level 3 processing? Level 3 processing is a more sophisticated way of accepting commercial, business, purchase & government cards that allows  companies accepting credit cards from other businesses or government to lower transaction (interchange) cost by 30%-40%.  Key word is interchange.  100% of interchange goes back to the bank the issued your customers…

Why do Visa & MasterCard have 4 different business cards, Tier, 1,2,3 &4

By Sean Jones | July 17, 2018

Ever wondered by Visa & MasterCard have 4 different business cards? Technically there are more than 4, but today I am referring to the Tiers 1,2,3 & 4 you most likely see on your statement. (not to be confused with level 2 & 3 processing) These Tiers are out of your control and not caused…