Qualifying for Level 3 Processing

To qualify for level 3 savings, many factors re required, cost plus, correct rate structure the technology to support level 3 detail.  Choosing a payment specialist that can help you properly manage interchange and implement the proper solutions for your business are very important.

For instance the difference between a MasterCard business transaction processed at Level 3 Interchange and hitting the next best  Data Rate 1 is 85 basis points.  Those savings can really add up.

Work with a payment professional without level 3 processing and interchange qualification and you will most likely see these signs.

Mid and Non qualified on your statement,  The same rate for Visa and MasterCard, one qualified rate and you accept business transactions and process through a terminal.

Visa and MasterCard now require a tax amount greater than zero to qualify for level 2 interchange. Tax exempt transactions can qualify for level 3 provided the additional line item data is provided.

Starting April 2012, Visa will now allow Corporate cards to qualify for level 3. In the past it was only Purchasing cards.

If you have any questions regarding level II/III processing and would like a complimentary no obligation review please call Revolution Payment Systems  at 888 790 3450 or fax your last months processing statement to

301 790 1998 ATTN. Statement Analysis