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Posts Tagged ‘level 3 requirements’

How Level 3 Processing Saves You Money

To fully grasp how level 3 processing reduces your processing costs you first need to understand that the bulk of fees you’re paying  to accept credit card goes directly back to the card issuing bank. This is called Interchange. Believe it or not, Visa/MasterCard and your processor receive no revenue from interchange.  If you’ve ever…

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Level 3 Processing | Revolution Payments

Visa and MasterCard created special interchange rates by lowering the transaction cost when level 3 line item detail is included in with a payment transaction. Revolution payments can help you qualify for level 3 interchange rates

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