Posts Tagged ‘high ticket interchange rates’
Level 2 & Level 3 Enhanced Data Processing
Revolution Payments, and our automated Level 2 & Level 3 Enhanced Data Processing reclassification technology can help you add 1% or more to your bottom line on your existing sales volume w/o changing your rate! How is this possible? Despite what most businesses have been led to believe 75%-90% of the fees a business pays…
+ Read MoreLevel 3 Credit Card Processing Interchange
Level 3 credit card processing interchange can be achieved very easily. Level 3 processing is a more sophisticated way of processing Business-2-Business (B2B) and Business-2-Government (B2G) credit card transactions that can easily lower your cost of accepting these cards by 30%-40%. Level-3 processing provides additional line item detail information on the credit cards you accept…
+ Read MoreMasterCard Large Ticket Program
Business Large Ticket I Debit 1.25% + $40.00 Business Debit card transactions, accepted at non-T&E locations, level III data submitted, transaction amount between $7,255 and $24,999.99 Business Large Ticket II Debit 1.25% + $40.00 Business Debit card transactions, accepted at non-T&E locations, level III data submitted, transaction amount between $25,000 and $100,000. Business Large Ticket…
+ Read MoreCapture Level II and Level III Data if accepting commercial transactions
Visa and MasterCard business, commercial, and purchasing cards cards carry higher interchange rates, they offer higher value features such as enhanced reporting, consolidated billing for multiple cards and statement enhancements. An experienced B2B payment consultant can help you qualify for a lower commercial rate by collecting Level II and Level III data with each commercial…
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