Revolution Payments Insights
Understanding Level I, Level II, and Level III Credit Card Processing
Understanding Level I, Level II, and Level III Credit Card Processing along with the rates and fees that impact your bottom line can have a huge impact on bottom line revenues. I, Level II, and Level III credit card processing delineate the different interchange categories and qualifications for business-to-business (B2B) and business-to-government (B2G) credit card…
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Level I, Level II, Level III Credit Card Processing
Level I, Level II, Level III Credit Card Processing defines the different interchange categories/qualification for B2B and B2G credit card transactions. Level 3 credit card processing is a different way of processing credit cards accepted from other businesses and government. When properly set up level 3 credit card processing can lower the cost of accepting…
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Level 3 credit card processing savings
If your company accepts credit cards from other businesses and or government and your not including level 3 credit card processing data, you are leaving a lot of money on the table, that you cannot get from a processor. The chart below shows the level 3 credit card processing savings and the high ticket interchange…
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Level 3 data processing
I’d like to share a few ideas that can help you lower your cost of accepting B2B and B2G transactions by up to 40% regardless of the rate your processor charges you. Submitting level 3 data processing when you process these transactions and save BIG, if you are set up properly. Accept B2B and B2G…
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Streamline Your Accounts Payable Process
Wouldn’t it be great if the accounts payable process was just easier? We think so too. We’re Revolution Payments. And we’re here to help you streamline your accounts payable process If your team is still manually processing hundreds of paper invoices and checks each week, Revolution Payments integrated payables solution can help streamline your workload.…
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Issuing Ghost Cards
Understanding ghost card payments: Ghost cards can help you streamline the purchasing process at your company while allowing you to track expenses by each department while earning a percentage of the interchange fees. Who benefits from issuing ghost cards? Mid- to large-sized companies can benefit by switching to ghost card payments from other purchasing methods.…
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Accept Payments With Xero
Revolution payments reveals a solution to Accept Payments With Xero accounting software. This payment integration allows Xero accounting software users to process and qualify for level 3 credit card processing rates. Providing level III payment detail can significantly reduce the interchange cost a business incurs for accepting credit cards from business and government by up…
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Winning Government Contracts
Winning government contracts and keeping more profits!! Once you win a government contract how can you keep more of your money? One way contractors can offer government clients the best possible price without pinching their margins is by becoming Level-3 credit card processing compliant. With Level-3 contractors can guarantee that they are getting the best…
+ Read MorePurchasing – Card Not Present
Purchasing – Card Not Present Interchange: 2.70% + $0.10 Purchasing Card Not Present is the Visa Interchange rate for a purchasing card type card not present credit transaction. Change History: October 2017: 2.65% + $0.10 October 2011: 2.55% + $0.10 Transaction taken on a purchasing card that meets the criteria for either: CPS Card Not…
+ Read MoreLevel 3 Processing Data : What It Is and How to Qualify for level 3 interchange rates-Revolution Payments
Level 3 processing data is additional line-item detail that is entered when processing a commercial or government credit card. Visa and MasterCard created special interchange rates to entice merchants to provide Level 3 processing data. By providing level 3 data a business can lower the cost of accepting a B2B or B2G card by 1%-1.5%…
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Commercial Product Large Ticket
Companies accepting large credit card transactions from other businesses or government should make sure they are set up to receive Commercial Product Large Ticket interchange rates. Visa and MasterCard offer large ticket interchange rates for high dollar transactions. Interchange will vary depending on the card type and the size of the ticket. Purchase Advantage (Only applies…
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How to lower credit card processing interchange fees
I’m going to explain how to lower credit card processing interchange fees. You can implement some of these ideas to reduce the interchange fees you pay to accept credit cards. When it comes to your money, it makes sense to find ways to keep as much of it as you can. Interchange amounts to at…
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Level III Credit Card Processing Solution for Salesforce Users
Revolution Payments announces a Level III credit card processing solution for Salesforce users. This integrated solution streamlines and simplifies payment processing while mitigating the higher interchange fees automatically applied to credit cards accepted from other businesses or government. Merchants utilizing this service are automatically enrolled in Revolution Payments free commercial card interchange optimization program. This lowers the…
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Interchange Optimization
Implement Interchange optimization to ensure your transactions are hitting the lowest interchange rate, without having to manually enter Level II and Level III detail which is otherwise be required. The fees you pay to accept credit cards is a part of doing business however, most businesses are unaware that programs exist that can help reduce…
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Epicor Level III Credit Card Processing
Streamline your workflow and reduce the interchange cost of accepting commercial cards by up to 1.5% with Revolution Payments Epicor Level 3 credit card processing solution. This solution operates effectively within Epicor. Integrating credit card processing activities into your accounting system. Improve workflow, save time, improve visibility and reduce your double entry. Streamline & simplify…
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Commercial Card Optimization
Automated Commercial Card Optimization Take advantage of Level II and Level III processing to reduce costs. Many businesses are unknowingly leaving money table and don’t even realize it. The fees for accepting credit cards are a big part of doing business however, there are programs that existing to help reduce these interchange fees. There…
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Credit card processing levels
Credit card processing levels refers to the additional line item details that are included with a credit card transaction. Level 1 processing refers to business-to-consumer (B2C) transactions, during which consumers use a personal credit cards to make purchase. The data required for a Level 1 transaction is minimum including the merchant name, transaction amount and date.…
+ Read MoreLevel-3 Data Capable Software Provider
If you accept government purchase cards, it may be worth investigating a level-3 data capable software provider. Visa and MasterCard created special interchange rates to support purchase/commercial card program by reducing the transaction cost (interchange) if Level 3 line item detail is provided with the transaction. By providing Level 3 data, a supplier can reduce…
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Eliminate credit card processing fees
How to Eliminate Credit Card Processing Fees with Zero Cost. Revolution payments can help your business eliminate credit card processing fees. Statistics show us that 70% of Americans prefer to use payment cards while only 12% prefer to use cash. Aside from being the most convenient form of payment, the card brands have done…
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Lower your processing rates with level-2 and level-3 processing
How you can lower your processing rates with level-2 and level-3 processing You probably already know that whenever you take a credit card you must pay an interchange fee on that card, everybody does. These interchange fees can amount to more than 80% of your total expense and goes back to the bank that issued…
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