Posts Tagged ‘enhanced data’
Benefits 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…
+ Read MoreEnhanced Data Level II and III Line item Detail
Understand Level II and Level III Line Item Detail. Whether your company uses a Corporate, Purchasing, Fleet, or Commercial cards, your company can benefit from the reduced interchange level for including this detail with your transactions, Granted your processor sets your account up properly. Level II and Level III transaction detail is information generally…
+ Read MoreCapturing level II and III data if you accept commercial or government transactions
Did you know your company can qualify for lower interchange rates by collecting more information when you process a commercial, fleet, purchase, business or government credit card?
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