Level 3 Payment Processing

Accepting (B2B) Business-2-Business and (B2G) Business-2-Government credit cards is not as expensive as you may have been led to believe, IF you include Level 3 Line item detail.    Level 3 processing can effectively add 1% and more to your bottom line on your existing sales volume, regardless of your current rate or processor. Let…

+ Read More

Revolution Payments can automatically reclassify your commercial, business and government cards to level 3 interchange rates.  This  will add about 1% to your bottom line regardless of your current rate or processor. Most business owners have been conditioned to focus only on rate when choosing a credit card processor. Having a great rate is important,…

+ Read More

This is one of the first questions merchants often ask me during a conversation. Rate is important but keep this in mind, 75%-90% of the fees you pay don’t even go to your processor, they actually go back to the bank that issued the credit card.  This is referred to as interchange, interchange is the…

+ Read More
Featured Video Play Icon

Level 3 processing is a different way of accepting B2B & B2G credit card transactions that includes entering additional line item detail (item descriptions, quantities, tax detail, etc.)   75%-90% of the fees a business pays to accept credit cards goes back to the card issuing bank, not processors.  Commercial and government transactions fall into 1…

+ Read More

Level 3 Credit Card Processing Business-2-Business and Government transactions fall into one of three interchange categories; Level 1, Level 2 and Level 3. The higher the level the lower the interchange rate. Visa & MasterCard created special interchange rates to support commercial transactions by reducing interchange when level 3 is included with a transaction. What is Level 3 Processing?…

+ Read More

Implement These Best Practices for Accepting Government Purchase Cards (GPC) to keep your business competitive, compliant while controlling your costs. Implemented properly your cost for accepting Business-to-Business (B2B) and Business-to-Government (B2G),  Government Purchase Card (GPC)  transactions should be Under 1.86%.Include Level-3 Payment Detail: – To encourage merchant participation and support of this program, Visa and…

+ Read More

Despite what most have been lead to believe 75%-80% of the fees businesses pay to accept credit cards goes directly to the bank that issued the credit card, and referred to as Interchange. Interchange fees are non-negotiable and remain the same regardless of the processor you choose.   Believe it or not, Visa, MasterCard and your…

+ Read More