Level I, Level II, Level III Credit Card Processing

Level I, Level II, Level III Credit Card Processing

Level I, Level II, Level III Credit Card Processing defines the different interchange categories/qualification for B2B and B2G credit card transactions. Level 3 credit card processing is a different way of processing credit cards accepted from other businesses and government. When properly set up level 3 credit card processing can lower the cost of accepting…

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Epicor Level III Credit Card Processing

Epicor Level III Credit Card Processing

Streamline your workflow and reduce the interchange cost of accepting commercial cards by up to 1.5% with Revolution Payments Epicor Level 3 credit card processing solution. This solution operates effectively within Epicor. Integrating credit card processing activities into your accounting system. Improve workflow, save time, improve visibility and reduce your double entry. Streamline & simplify…

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Credit card processing levels

Level I, Level II, Level III Credit Card Processing

Credit card processing levels refers to the additional line item details that are included with a credit card transaction. Level 1 processing refers to business-to-consumer (B2C) transactions, during which consumers use a personal credit cards to make purchase. The data required for a Level 1 transaction is minimum including the merchant name, transaction amount and date.…

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Level-3 Data Capable Software Provider

If you accept government purchase cards, it  may be worth investigating a level-3 data capable software provider. Visa and MasterCard created special interchange rates to support purchase/commercial card program by reducing the transaction cost (interchange) if Level 3 line item detail is provided with the transaction.  By providing Level 3 data, a supplier can reduce…

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Lower your processing rates with level-2 and level-3 processing

Lower your processing rates with level-2 and level-3 processing

How you can lower your processing rates with level-2 and level-3 processing You probably already know that whenever you take a credit card you must pay an interchange fee on that card, everybody does. These interchange fees can amount to more than 80% of your total expense and goes back to the bank that issued…

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Level 3 Payment Processing solution for QuickBooks Online

Level 3 Payment Processing solution for QuickBooks Online

Revolution Payments reveals a Level 3 Payment Processing solution for QuickBooks Online users. Level 3 processing can reduce the interchange for accepting credit cards from other businesses and or government by up to 43%.   Interchange is responsible for the bulk of the fees you pay to accept credit cards; it’s also paid to the card issuing bank.…

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How to Reduce B2B Credit Card Acceptance Costs

How to Reduce B2B Credit Card Acceptance Costs

Revolution Payments can show you how to reduce B2B credit card acceptance costs. All to often we work with business owners unaware of the fact that interchange rates can be improved by qualifying commercial and B2B credit card transactions more effectively. The bulk  of total fees paid by businesses to accept credit cards are interchange…

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Accepting GSA SmartPay cards

GSA SmartPay Cards

When it comes to accepting GSA SmartPay cards, its time to make some changes. 21st century technology is required to keep your business competitive and compliant. Accepting GSA SmartPay cards requires more sophisticated processing technology able to capture what Visa and MC refer to as Level III data. Level 3 data allows government vendors to…

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Lowest rates for accepting commercial cards

Lowest rates for accepting commercial cards

Receiving the lowest rates for accepting commercial cards can ONLY be achieved if you’re including level 3 payment detail with your transactions. The higher cost of accepting commercial cards is a big concern for merchants who accept credit cards from other businesses or government. Most companies anticipate a higher rate due to the type of…

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Commercial Card Level 3 Processing

Commercial card level 3 processing

If your business provides services and goods to other businesses or government, I would encourage you to look into commercial card level 3 processing. Commercial card level 3 processing optimizes the interchange rates when accepting commercial, business, purchasing, fleet and government credit cards.   What is Commercial Card Level 3 Processing? Level 3 credit card…

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