Posts Tagged ‘level 3 merchant account’
Best Practices For Accepting B2B And B2G Credit Cards
A growing amount of business is being done with Commercial, Business & Government Cards, many of which qualify at the wrong interchange Rates and are driving up your costs. Much of this has nothing to do with the rate your processor charges. Implement these best practices to control your cost for accepting B2B & B2G transactions.…
+ Read MoreMasterCard Large Ticket Program
MasterCards large ticket program will reduce your transaction cost on large ticket commercial and government transactions.
+ 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…
+ Read MoreGSA PURCHASING CARD LARGE TICKET
GSA transactions over $6483.34 qualify for the GSA purchase card large ticket interchange rates
+ Read MoreLevel III GSA Large Ticket Interchange
Level III Processing and GSA Large Ticket Interchange Interchange Level Level III Processing Interchange Category GSA Large Ticket Processing Interchange Category Savings from L3 Apr 2013 >$5,186.66 Apr 2013 Visa Interchange Category Visa Interchange Category MPS SHORT DESCRIPTION % Rate Per Item Visa Interchange Category % Rate Per Item % Savings PI Savings USCOMML2…
+ Read MoreLevel-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 III Transaction Detail
If your working with a processor who set up your Level 3 merchant account properly and your receiving 100% of the available discounts Level III Processing will add significantly to your bottom line profits.
+ Read MoreLevel 3 transaction detail through Quickbooks
Revolution payment systems supports capturing Level 3 detail through Quickbooks
+ Read MoreLevel 3 processing is a Must if you sell to the Government or Businesses
level 3 processing is key if your processing commercial and government transactions. Visa and MasterCard apply higher interchange rates to commercial, business, purchasing and government cards when level 3 data is not provided.
+ Read MoreHow to get level 3 processing
Visa and MasterCard have DIFFERENT rates for commercial and purchasing cards when level 3 line item detail is provided. If your thinking about getting set up for level 3 or you accept business transactions from your clients and your processor hasn’t talked to you about level3 or even if they have. It pays to get a second opinion from an experienced level 3 payment professional
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