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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

Qualifying for Level-3 Interchange

September 20, 2013

If your company sells Business-to-Government and Business-to-Business (B2B), Level-3 processing is the most effective way to automatically reduce your merchant service expenses by 30%-40%.

 

 There is more to qualifying for Level-3 rates than sending Level 3 line-item detail with the payment transaction.  Several  factors are required to make sure your company takes advantage of the reduced interchange levels for Level 3

Proper payment technology capable of passing level 3 data, proper rate structure and choosing an experienced B2B and B2G merchant service provider.

1. Standard terminals Do Not support Level 3.

2. A cost plus merchant account, otherwise your B2B and B2G transactions will downgrade to Non qualified and have additional surcharges applied. If you see Non-Qualified, Standard, EIRF, Corporate Data Rate 1 or Purchase, Corporate Card Electronic, you may want to have an B2B consultant review a recent statement.

3. Choosing an merchant service provider who has experience working with merchants who sell to the government, businesses and level 3 merchant accounts could mean the difference of you spending 30% or more on these transactions. Setting up a merchant account to process corporate and government transactions is much different than setting up a standard merchant account.  Having all the requirements for Level 3 is the ONLY way your going to get the true savings for having a level 3 merchant account.

Revolution payment systems is the authority when it comes to Level 3 processing and has the tools, technology and experience your business deserves.

For questions regarding level 3 or to receive a complimentary Level 3 cost analysis Call, Fax or Email.

(P) 888 790 3450                       [email protected] revolution-payments.com                        (F)  (877)901-3181

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