Revolution Payments Insights

Winning Government Contracts

Winning Government Contracts

Aug 5, 2022

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…

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Purchasing – Card Not Present

Jan 7, 2022

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…

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Level 3 Processing Data : What It Is and How to Qualify for  level 3 interchange rates-Revolution Payments

Jan 6, 2022

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

Commercial Product Large Ticket

Dec 14, 2021

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

How to lower credit card processing interchange fees

Apr 2, 2021

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

Level III Credit Card Processing Solution for Salesforce Users

Jan 11, 2021

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

Interchange Optimization

Dec 23, 2020

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

Epicor Level III Credit Card Processing

Dec 3, 2020

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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Level 3 Data

Commercial Card Optimization

Dec 2, 2020

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

Oct 23, 2020

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.…

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Level-3 Data Capable Software Provider

Oct 7, 2020

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

Eliminate credit card processing fees

Oct 5, 2020

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

Lower your processing rates with level-2 and level-3 processing

Sep 28, 2020

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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High Interchange Fees Associated With Accepting Government Purchase Cards

Reduce the High Interchange Fees Associated With Accepting Government Purchase Cards

Jul 24, 2020

Revolution Payments Reveals a New Service to Help Government Vendors Reduce the High Interchange Fees Associated With Accepting Government Purchase Cards.  This program can lower  a vendor’s cost of accepting government purchase cards by up to 43%. This solution will  optimizes every credit card transaction to the lowest possible interchange rate.  This is done  by…

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Level 3 Payment Processing solution for QuickBooks Online

Level 3 Payment Processing solution for QuickBooks Online

Jun 8, 2020

Revolution Payments reveals a Level 3 Payment Processing solution for QuickBooks Online users. Level 3 processing can reduce the interchange for accepting credit cards from other businesses and or government by up to 43%.   Interchange is responsible for the bulk of the fees you pay to accept credit cards; it’s also paid to the card issuing bank.…

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how you can qualify for Level III Credit Card Processing

How you can qualify for Level III Credit Card Processing

May 17, 2020

Level 3 Data: What is it and how you can qualify for Level III Credit Card Processing.  Specializing in the B2B Payment space, I am always looking for ways to help my clients reduce the fixed interchange fees they pay to accept commercial cards from clients. That silver bullet is Level III processing.  It can…

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Level 2 Credit Card Processing Interchange Rates

Level 2 Credit Card Processing Interchange Rates

Apr 27, 2020

If you accept business credit cards, you can qualify for better rates. Level 2 Credit Card Processing Interchange Rates lowers the interchange fees you pay to accept these cards. Businesses are accustomed to paying higher fees for businesses cards, however  there are steps you can take to receive lower pricing. Level 2 data is additional information…

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How to Reduce B2B Credit Card Acceptance Costs

How to Reduce B2B Credit Card Acceptance Costs

Mar 19, 2020

Revolution Payments can show you how to reduce B2B credit card acceptance costs. All to often we work with business owners unaware of the fact that interchange rates can be improved by qualifying commercial and B2B credit card transactions more effectively. The bulk  of total fees paid by businesses to accept credit cards are interchange…

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Vendors Why pay 2.70% vs 1.9% to accept a Government P-card?

Feb 21, 2020

  With the many challenges facing contractors today, it’s no wonder that they have relied on their banks to set-up their credit card processing. It’s regrettable that many in the contracting industry are unaware of the advantages that correct processing solutions can present. To support acceptance of corporate & government P-cards,  MasterCard & Visa  have reduced interchange  rates associated with these cards if Level-2…

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