Posts Tagged ‘benefits of level 3 processing’
Level 3 Payment Processing
Why should you consider including level 3 line item detail on credit cards you accept from other business or government? The short answer is, not doing so, you pay about 1% more than you should on every credit card you accept. To understand why level 3 credit card processing is so important you have to…
+ Read MoreBenefits of Level-3 Processing
What benefits can you expect from including level 3 line item detail with your commercial transactions? #1 Benefit is lower transaction cost. The difference between processing Level-3 detail and not can be as high as 1%-1.5%. This is on interchange costs alone, before processors add their processing markup. This is a savings that can NOT…
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