Posts Tagged ‘level 3 credit card processor’
Level-3 “transactional” Data
Level-3 “transactional” Data (Line Item Detail) is additional payment information entered on commercial and government transactions. It defines what is being purchased, who is involved, how the transaction takes place and combines this information with basic payment data and sends it along with the payment transaction. Visa and MasterCard created special interchange rates as a…
+ Read MoreProcessing Level-3 line item detail
Many merchants are under the assumption that just because they are sending level 3 transaction detail they are automatically getting level 3 interchange. I often talk to merchants who are unwilling to engage in a conversation and state ” I have level 3 processing and were good”
+ Read MoreProcessing Level 3 Payments
Companies that sell to the government or other businesses should not overlook Level 3 processing.
+ Read MoreLevel 3 Processing to lower credit card costs
Level 3 processing is an advanced method of processing Business and Government transactions. Level 3 processing allows vendors/merchants to lower credit card processing costs by providing additional information while processing a credit card transaction. Level 3 data consists of PO number, Customer Codes, and Product Descriptions, Interchange discounts are available when this information is provided.…
+ Read MoreWhat is Level 3 Processing
Level 3 or line item detail is information you would generally find on an invoice that is passed along with the payment transaction.
+ Read MoreWhat is Level-3 Processing?
Merchants who sell to the Government or other businesses should know the basics about level-3 processing. Level-3 processing is generally not discussed when merchants are evaluating merchant service providers. This is a big mistake and could be costing your business thousands of dollars monthly.
+ Read MoreLevel III Credit Card Processor
Revolution Payment Systems is a full service payment provider for Business-to-Business (B2B) and Business-to-Government (B2G) companies that require a provider who can support the qualifications required for Level-2 and Level-3 Processing
+ Read MoreLevel III Processing Through a Smartphone?
Now you can process level 3 payments from your customers securely and cost effectively, from your smartphone or iPad. Revolution payment systems makes it even easier for merchants to set up and process level 3 transactions. Quickly and securely swipe any credit, debit or prepaid card for processing on a smartphone or tablet. Now you can…
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