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What is Level 3 Processing
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…
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Anyone accepting credit cards knows processing fees cut profits. But…did you know…B2B and B2G transactions fall into one of three interchange categories; Level 1, 2 and 3? The higher the level, the lower the rate. Visa & MasterCard reduce rates for transactions including Level 3 detail. What is Level 3 Processing? It means passing line-item detail; information generally…
+ Read MoreISO’s/Agents Please Read if using Gotobilling AKA Omnifund Gateway
We became aware last Friday that Omnifund started charging resellers clients using their gateway 6 basis points on their total credit card processing volume. To top it off, they are corresponding with our merchant services clients, asking for processing statements, and telling them they can switch to them and eliminate the fee increase. This type…
+ Read MoreGSA SmartPay | Ghost Cards
We have a lot of government vendors that inquire about needing the ability to process GSA SmartPay Ghost Cards. A ghost credit card is nothing more than a virtual credit card. Government agencies, corporations, and other large employers use ghost credit cards as an alternative to issuing credit cards to employees. Each employee uses a…
+ Read MoreLevel-3 Payment Processing Merchant Account
Level-3 Payment Processing Merchant Account Reduce Your Credit Card Processing Fees with A Level-3 Payment Processing Merchant Account. Businesses/Government Vendors & Contractors can substantially reduce their monthly credit card processing fees with a Level-3 Payment Processing Merchant Account from Revolution Payments. Visa & MC created special “interchange” rates to support P-cards by reducing your interchange rates…
+ Read MoreLevel 3 credit card processing for GSA Smartpay cards
GSA Vendors Why pay 2.65% vs 1.85% to process a Government P-card? The Choice is yours! With the many challenges facing contractors today, it’s no wonder so many are relying on their banks or existing credit card processors to set them up to accept Government P-cards. It’s regrettable that many in the contracting industry are unaware of…
+ Read MoreLevel 3 Payment Processing
Level 3 Credit Card Processing for B2B, Commercial & Government P-cards Setting up your business to accept government purchasing or commercial cards for payment is different than establishing a standard retail merchant account or internet merchant account. These cards possess more features, capabilities and controls than other cards. They can be setup to control things…
+ Read MoreLevel 3 Credit Card Processing Befits for B2B and Government credit cards.
With the many challenges facing businesses today, it’s no wonder so many are relying on their banks or existing credit card processors to set them up to accept Business & Government credit cards. Even if someone has good intentions and honestly trying to do a good job for you, their inexperience may be driving your…
+ Read MoreWhat is Level 3 Payment Processing?
Level 3 payment processing is the best solution if your accepting credit cards from large corporations or government. This short video explains how level 3 processing can lower your interchange costs on B2B & B2G credit card transactions by 1%-1.5%. Savings is further increased for large credit card transactions (High Ticket Interchange) If you have…
+ Read MoreLevel II and Level III Credit Card Processing
Level II & Level III Credit Card processing can help your business add 1.5% to your bottom line while still accepting Visa and MasterCard——- without having to increase your sales volume…. You probably already know that Visa and MasterCard use “interchange fees” to determine how much you pay an issuing bank each time you accept a credit card order.…
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