Posts Tagged ‘high ticket interchange’
Level 3 Credit Card Processing Befits for B2B and Government credit cards.
With the many challenges facing businesses today, it’s no wonder so many are relying on their banks or existing credit card processors to set them up to accept Business & Government credit cards. Even if someone has good intentions and honestly trying to do a good job for you, their inexperience may be driving your…
+ Read MoreVisa & MasterCard High Ticket Interchange Rates
It Costs Less To Accept Large Credit Card Transactions Through The High Ticket Interchange Program! The Large Ticket and Large Ticket Advantage Program, is a specially designed program for merchants who accept high dollar transactions. By enrolling in the High Ticket program along with Level-3 Processing, you can substantially reduce what…
+ Read MoreLevel 3 Credit Card Processing
Level 3 Credit Card Processing can reduce your cost of accepting credit cards from other businesses (B2B) or government (B2G) by up to 40%.
+ Read MoreAdd 1.5% to your bottom line with Level-3 Processing.
Important news for merchants who want to save thousands of dollars in credit card processing fees annually. You probably already know that Visa and MasterCard use “interchange fees” to determine how much you pay an issuing bank each time you accept a credit card order. What the banks and credit card processing companies…
+ Read MoreLevel 3 Credit Card Processing
Level 3 Credit Card Processing My name is Sean Jones; I’ve been in the Merchant Services industry for 20 years. Today I’m sharing a secret most banks would prefer you didn’t know & Expose you to new technology that will add up to 1.5% to your profit margins on your B2B & B2G transactions regardless…
+ Read MoreReduce your monthly processing Fees with a B2B & B2G Merchant Account
A B2B & B2G Merchant Account Can Lower The Cost of Accepting Commercial Cards by 40% Level 3 Interchange Rates 1.75% MasterCard 1.85% Visa .40%-1.58% transactions over $5800 Commercial Cards Commercial, business, purchasing, corporate & government cards processed without level-2 and or level-3 qualify at different interchange codes between .50%-1.5% higher. The Bulk of the…
+ Read MoreIdentifying GSA SmartPay2 and GSA SmartPay Credit Cards
Identifying a GSA Smart Pay Purchasing Card Cards may be either a VISA or a MasterCard. Visa cards will begin with 4486, 4614 or 4716. MasterCard cards will begin with 5568 or 5565. Cards may be issued by Citibank, JPMorgan Chase Bank, or U.S. Bank. Embossed “V” or “MC” is optional and not frequently used.…
+ Read MoreCapturing Level II and III data if you accept commercial cards
Commercial, purchasing and business cards are used like personal credit cards, however they offer employers enhanced reporting and valuable features and capabilities. These cards carry higher interchange rates, however many merchants can qualify for lower interchange rates by collecting Level II and Level III payment data. Level II Data includes: A Tax Indicator denoting the…
+ 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…
+ Read MoreLEVEL-3 PROCESSING
NAVIGATING THE MURKY WATERS OF LEVEL-3 PROCESSING By PYMNTS @pymnts What’s Next In Payments® 7:15 AM EDT August 28th, 2015 The Following is a recent interview with PYMTS.com regarding Level 3 processing. The complexities facing merchants that process B2B and government procurement transactions are plentiful. But streamlining Level-3 processing may be a good place…
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