How can level 3 processing save you money?
How can level 3 processing save your business money?
Corporate cards are unique in that regardless of the processing profit the bank marks up can qualify at different rates behind the scenes.
I will use MasterCard corp. for an example.
2.65 % level 1
2.15% level 2
1.90% level 3
You can see how a merchant with cost plus and 25 basis points could still end up saving 75 basis points on interchange by the amount of line item detail that is passed along with the transaction.
Working with a level 3 processing specialist like revolution payment systems and setting up a level 3 merchant account can help your company manage your rates more effectively and lower your operating costs for accepting purchase (P-Cards), Business Cards, Corporate and Government Cards
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