Posts Tagged ‘level 2 processing’
Accept Government P-cards & B2B Credit Card Transactions for Less!
Why do you accept credit cards? Is it only as a convenience for your customers, or are you interested in processing transactions at the lowest possible rates? If the latter, and your accepting business-to-business or business-to-government transactions then you owe it your company’s bottom line to ensure these transactions are qualifying at Level II &…
+ Read MoreAccepting Large Ticket Credit Card Transactions.
accepting commercial transactions is much different than a regular merchant account, consulting with a B2B/B2G payment consult can help reduce your transaction cost by as much as 1.50%
+ Read MoreLevel II Qualifications for Level 2 Interchange
Level II Qualifications for Level 2 Interchange
+ Read MoreLevel 2 and Level 3 Processing
What is level 2 and level 3 processing and how does it help me qualify for lower interchange rates
+ Read MoreLevel 3 Merchant Accounts for Business
Setting up your business to accept purchasing cards for payment is different than establishing a standard retail merchant
+ Read MorePurchasing cards, GSA SmartPay, and Level 2 & 3 credit card processing
Merchants should also be aware that when the appropriate information is included in a Level 3 purchase, they are rewarded with lower processing rates which can be as much as 1.00%, depending on the provider. Merchants also score additional points with the accounting departments of these organizations because of the usefulness of the enhanced data reporting. Here are the different information fields that need to be captured in order to qualify for the best processing rates
+ Read MoreAccepting Government Credit Cards
There are three levels of credit card processing, with each providing a higher level of information about the purchase. Level I processing is used by merchants accepting personal credit cards, while Level II is used by merchants processing corporate credit cards. However, because of this detailed requirement, governments encourage Level III processing.
+ Read MorePurchasing Cards and Level III Processing
Millions of business-to-business customers today enjoy the benefits of increased transaction information while they do nothing more than present a credit card for purchases.
+ Read MoreBusiness to Business and B2G Merchant Accounts
A business to business merchant account is a special merchant account for organizations and government agencies that sell primarily to other businesses, and government agencies
+ Read MoreVisa B2B Rate
Transactions eligible for the B2B rate must be CPS qualified (not qualifying for Level 2 rates) and be processed by merchants operating in qualified Merchant Category Codes (MCCs).
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