Posts Tagged ‘level 3 merchant services’
Reducing transaction costs for accepting commercial cards
Revolution payments can help you process level 3 data and reduce your transaction cost by 40%
+ 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 MoreLevel-3 Interchange Rates
Level III Processing Interchange Category Savings Apr 2013 Visa Interchange Category MPS SHORT DESCRIPTION % Rate + Per Item % Savings PI Savings Purchasing Card Level III Data Rate COMM L3 P 1.95% + $0.10 0.10% $0.00 Purchasing Card Level III Data Rate COMM L3 P 1.95% + $0.10 0.45% $0.00 Purchasing Card Level III…
+ 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.
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