B2B Merchant Account
New B2B Payments Gateway Saves On Interchange Fees
By pymnts For different types of buyers, there are different measures required by payment processors to safeguard a transaction. B2B and government procurement transactions are often the most complex because payment processors require greater detail about a purchase in order to verify and complete the transaction. But these complexities can create time-wasting burdens for corporate and…
+ Read MoreRevolution Payments B2B Gateway Saves on Interchange Fees
Revolution Payments new B2B payment gateway saves on interchange fees.
+ Read MoreCommercial Data Rate II /Level 2 processing
Entering level 2 payment detail can lower your transaction costs.
+ Read MoreLevel II Qualifications for Level 2 Interchange
Level II Qualifications for Level 2 Interchange
+ Read MoreLevel 3 Data Requirements
Level-3 requires specific technology to capture the level 3 data requirements. Many gateways and All Stand Alone Terminals Do NOT Capture Level-3 Data.
+ Read MoreVisa B2B Rates
Visa announces new interchange rate for B2B merchants. This program is not drive by rate but SIC code.Business-to-Business: Transactions eligible for the B2B rate must be CPS qualified (not qualifying for Level 2 rates) and be processed by merchants operating in qualified Merchant Category Codes (MCCs). Transactions with the qualifying MCCs can be face-to-face or accepted in a card not present environment.
+ Read MoreLevel 2 Data Credit Card Processing (level II)
To have your transactions qualify for level 2 pricing, you must use a certified product that collects and submits the
data properly to Visa/MC
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…
+ Read MoreB2B suppliers & commercial card payments
Understanding how to qualify for reduced Interchanged levels available from both MasterCard and Visa when accepting commercial cards can dramatically lower processing expenses
+ Read MoreVisa B2B Rate
Transactions eligible for the B2B rate must be CPS qualified (not qualifying for Level 2 rates) and be processed by merchants operating in qualified Merchant Category Codes (MCCs).
+ Read More