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Posts Tagged ‘revolution payments’

“What’s your rate”

This is one of the first questions merchants often ask me during a conversation. Rate is important but keep this in mind, 75%-90% of the fees you pay don’t even go to your processor, they actually go back to the bank that issued the credit card.  This is referred to as interchange, interchange is the…

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Level-3 Processing

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Level 3 processing is a different way of accepting B2B & B2G credit card transactions that includes entering additional line item detail (item descriptions, quantities, tax detail, etc.)   75%-90% of the fees a business pays to accept credit cards goes back to the card issuing bank, not processors.  Commercial and government transactions fall into 1…

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Global Gateway e4 and Level II and level III Processing

The Global Gateway e4 (GGe4) supports both Level II and Level III processing for merchants B2B, government and P-card transactions.  Sending Level II and Level III transaction detail will grown your bottom line on your commercial related transactions.  In fact the same credit card transaction sending level 3 line item detail vs not can cost…

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