Level 3 Credit Card Processing

Level 3 Credit Card Processing Business-2-Business and Government transactions fall into one of three interchange categories; Level 1, Level 2 and Level 3. The higher the level the lower the interchange rate. Visa & MasterCard created special interchange rates to support commercial transactions by reducing interchange when level 3 is included with a transaction. What is Level 3 Processing?…

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Why Level 3 Processing

Level-3 Processing can Reduce what you pay to accept Purchase Cards, Business(MasterCard Only) Commercial and GSA by 30%-40% Level-3 takes takes additional line item detail on the transactions and sends this to Visa and MasterCard.   When you process Level 3 Data this used by your customers  to reconcile bank statements and to help with fraud…

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What is level 3 processing

Level 3 processing is additional information that is passed along with a payment transaction. It’s referred to as line item detail and is information you would generally find on an email. Product description, quantity, tax detail etc. For a full list of level 3 requirements email me at [email protected] or view our site at www.revolution-payments.com under Level 3 payment solutions.

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