Skip to content
Revolution Payments
  • About Us
  • Level 3 Processing
  • Markets
    • B2B Credit Card Processing
    • Fuel Oil & Propane Payment Processing
    • Grocery Store Processing
    • Pay at the Pump Credit Card Processing
    • Utility Payment Processing
    • Hospitality Payments
    • Truck And Auto Dealers Card Processing Solutions
    • Trade Associations
    • Large Ticket Credit Card Processing
  • Solutions
    • Clover
    • TransArmor Solution
    • Merchant Cash Advance
    • Insightics
    • E-Commerce
    • ACH
  • Insights
  • Contact Us
Free Rate Quote    CALL: 888-790-3450
Revolution Payments
  • About Us
  • Level 3 Processing
  • Markets
    • B2B Credit Card Processing
    • Fuel Oil & Propane Payment Processing
    • Grocery Store Processing
    • Pay at the Pump Credit Card Processing
    • Utility Payment Processing
    • Hospitality Payments
    • Truck And Auto Dealers Card Processing Solutions
    • Trade Associations
    • Large Ticket Credit Card Processing
  • Solutions
    • Clover
    • TransArmor Solution
    • Merchant Cash Advance
    • Insightics
    • E-Commerce
    • ACH
  • Insights
  • Contact Us

Processing Level 3 Payments

November 12, 2013

Companies that sell to the government or other businesses should not overlook Level 3 processing.

Implementing level 3 processing could have a huge impact on your bottom line.  I have been in the payments industry for about 18 years and know many merchants are numb when they hear the word merchant services.

Merchants are receiving so many calls regarding merchant services they have conditioned to turn most processors away. I feel your pain. It seems like everyone is now selling merchant services. The scary thing is that sales professionals don’t need any special training to sell merchant services.

Unfortunately most are not trained in the complexity of interchange or how it works.  This is resulting in merchants paying to much to process Commercial, P-Cards, Business and GSA or transactions downgrading to Non-Qualified.

Keep this in mind!

No matter your processor, regardless of how large your company is, who your bank is:
Cost for accepting credit cards is the same! This is called interchange and amounts to 85% or more of the rate you pay.
Anytime you take a card out and pay for a purchase  the credit card issuing bank gets interchange back on that sale.  
 
This is regulated by Visa and MasterCard, NOT credit card processors.
Visa and MasterCard have Higher Rates for Commercial, Business, and Purchase Cards when Level 3 Data is NOT provided.
If your processor said; You have the lowest rate, no one is going to beat your rate or your bank is doing your processing and your not set up properly to send level 3 data on B2B and B2G transactions your leaving money on the table.
Level 3 savings could save you $10 for every $1,000 processed. Depending on your rate structure this could be much higher. We have seen as high as $50 for every $1000.
If you have questions about level 3 processing or want to talk to one of our payment specialists give us a call at 888 790 3450 or email [email protected]
Share this post!
Posted in Level 3 processing and tagged I need to process level 3 data, level 3 credit card processor, level 3 payment solutions, level iii account, level3 processing
← You Can process level 3 payments through a mobile phoneLevel 3 Data Provides Lower Interchange Rates →

Search

Recent Posts

  • Issuing Ghost Cards
  • Accept Payments With Xero
  • Winning Government Contracts
  • Purchasing – Card Not Present
  • Level 3 Processing Data : What It Is and How to Qualify for  level 3 interchange rates-Revolution Payments

Categories

  • ACH
  • B2B Merchant Account
  • Billing Solutions
  • Cash Advance
  • Commercial Product Large Ticket
  • Emerging Market
  • Fraud Protection
  • GSA Smart Cards
  • High Ticket Interchange
  • Insightics Solution
  • Interchange
  • Interchange Optimization
  • Large Ticket Interchange
  • Level 2 Processing
  • Level 3 processing
  • Level III Processing
  • NetSuite
  • Oil/Propane
  • pay at the pump
  • Salesforce
  • Uncategorized
  • Utility Merchant Account
  • zero cost processing

Contact Us

Call: 1-888-790-3450

About Us

At Revolution Payment Systems, our entire focus is on delivering reliable and secure payment solutions to help businesses succeed in an increasingly complex global marketplace.

+ Learn More

Merchant Solutions

+ ACH
+ Clover Solutions
+ E-Commerce Solutions
+ Insightics
+ Merchant Cash Advance
+ TransArmor Solutions

Connect With Us

Toll Free: 1-(888) 790-3450

Hours: Mon-Fri 9am -5pm

Click Here to Contact Us

Revolution Payments is a registered Independent Sales Organization of Wells Fargo Bank, N.A., Concord, CA. American Express requires separate approval.
www.revolution-payments.com Revolution Payment Systems is an Elavon Payments Partner & Registered ISO/MSP of Elavon, GA

© Revolution Payments | Privacy Policy | Toronto Web Design By Silentblast
Scroll To Top