Posts Tagged ‘quickbooks level 3 processing’
Add 1.5% to your bottom line with Level-3 Processing.
Important news for merchants who want to save thousands of dollars in credit card processing fees annually. You probably already know that Visa and MasterCard use “interchange fees” to determine how much you pay an issuing bank each time you accept a credit card order. What the banks and credit card processing companies…
+ Read MoreLevel 3 Credit Card Processing
Submitting Level 3 line item detail substantially reduces interchange rates on Purchasing, Corporate, Commercial, Fleet, Business (MasterCard) and Government credit cards. Processing Level 3 data requires more sophisticated payment technology able to process the additional line item requirements. Stand alone terminals and most payment gateways do not support Level 3 Processing. What is Level 3 processing?…
+ Read MoreLevel 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 MoreAccepting Purchasing cards (p-cards) from the government and Line Item Detail
MasterCard and Visa have created special interchange rates to encourage supplier participation and support of Purchase Card programs by reducing the supplier’s transaction costs IF Level-3 line item detail information is transmitted with the transaction
+ Read More