Posts Tagged ‘level 3 detail’
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 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 MoreHow processing Level II and III Line Item Detail Impact your rates
How processing Level II and III Line Item Detail Impact your rates
+ Read MoreVisa Enhanced Data or Level-3 Detail
Supplying level-3 detail and lower your discount rate by as much as 1.0% – 1.5% when compared to non-Level-3 processing
+ Read MoreLevel 3 Processing
Any business that accepts government GSA or purchase cards (p-cards) qualifies for level 3 processing. In order to process level 3 data, you must have a system that allows you to input the additional required information entries. Payment gateways or specialized computer software may serve in this capacity.
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