Posts Tagged ‘line item detail quickbooks’
Level 3 Processing with QuickBooks
Government vendors and contractors using QuickBooks can now process level 3 data and receive the reduced interchange rates. The difference of processing level 3 detail vs. not can be as high as 1%-1.5% It has been our experience that the majority of contractors (75 to 80%) that engage in Business to Business and Business to…
+ Read MoreRevolution Payments B2B Gateway Saves on Interchange Fees
Revolution Payments new B2B payment gateway saves on interchange fees.
+ Read MoreSetting up to Process Level-3 data and savings
Processing Level-3 line item data allows your business to capture additional revenue by reducing interchange.
+ Read MoreProcessing Government Purchase Cards
Sending level 3 line item transaction detail can lower a suppliers transaction cost by up to 40%
+ 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…
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