Revolution Payments Insights
Level 3 Processing Explained
Visa and MasterCard apply a surcharge for B2B & B2G credit card transactions processed without level 3 payment detail. Visa & MasterCard use interchange rates to determine how much you pay to accept a credit card. For business-to-business (B2B) and business-to-government (B2G) purchases, these interchange fees fall into one of 3 processing categories — Level…
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Level 3 Processing
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…
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Capture Levels II and III data when accepting commercial cards
Capturing level II and Level III payment data on B2B and B2G transactions, can lower your overall cost of accepting these cards by 30%-40%. Business, government, fleet, commercial, and purchasing cards are used just like personal credit and debit cards. However, they carry higher interchange rates due to the additional functionality, features and capabilities they…
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Level 3 Processing
Why you should consider level 3 processing if accepting B2B and B2G payments. The bulk of the fees businesses pay to accept credit cards goes back to the card issuing banks, NOT credit card processors.When you accept a credit card from a business or government w/o level 3 payment detail, it qualifies at different…
+ 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…
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Level 3 Payment Processing
Why should you consider including level 3 line item detail on credit cards you accept from other business or government? The short answer is, not doing so, you pay about 1% more than you should on every credit card you accept. To understand why level 3 credit card processing is so important you have to…
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GSA 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…
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Helping Government Contractors & B2B Merchants Reduce Transaction Cost for Accepting Commercial Credit Cards
Government Contractors and Vendors can reduce the cost of accepting Government and Commercial credit cards by as much as 40% with Revolution Payments value enhancing payment technology Revolution Payments, the leader when it comes to Level-3 payments. Our specialized payment solutions are helping Government Contractors and Vendors Reduce the cost of accepting government and commercial credit…
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Level-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…
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What is Level 3 Processing?
I’m sharing a secret banks won’t reveal….a technology that’ll increase your profit margins on your B2B & B2G transactions by up to 1.5%, regardless of your current rate. 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…
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Simplified Level 3 credit card processing solutions!
Revolution Payment Systems simplifies setting up and processing level 3 line item detail. Level 3 credit card processing can be a great money saving addition for businesses that accept commercial, purchase and government credit cards. Our Level automated level 3 payment solutions allow these merchants to qualify for the reduced level 3 processing interchange rates.…
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Level 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…
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Level 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…
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Level 3 Credit Card Processing =1%-1.5% “new” revenue on your B2B and Government credit card transactions
Revolution Payments developed a solution that is helping businesses add anywhere from 1%-1.5% to their profit margins on all B2B and government credit card transactions w/o changing their processors rate. The biggest challenge we facewhen speaking with businesses is getting them to differentiate what we do vs. the 2-3 calls you receive each week from…
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Level 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 MoreVisa & MasterCard High Ticket Interchange Rates
It Costs Less To Accept Large Credit Card Transactions Through The High Ticket Interchange Program! The Large Ticket and Large Ticket Advantage Program, is a specially designed program for merchants who accept high dollar transactions. By enrolling in the High Ticket program along with Level-3 Processing, you can substantially reduce what…
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Best Practices for Accepting Government Purchase Cards
When it comes to accepting Government Purchase Cards (GPC) & commercial cards implement these best practices to keep your business competitive, compliant while controlling your costs. Implemented properly cost for accepting Business-to-Business (B2B) and Business-to-Government (B2G), Government Purchase Card (GPC) transactions are Under 1.86%. This savings is available for any size purchasing card ticket,…
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What 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…
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GSA SmartPay Level III Processing
If your a Government Vendor/Contractor in need of a system and level 3 credit card processor capable of capturing and providing Level III data (sales data at line item level) for your GSA SmartPay purchase card transactions. Revolution Payments can help.We have been supporting government vendors for almost 20 year’s and the authority when it…
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Level 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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