Posts Tagged ‘what is level 3 processing’
What is Level 3 Processing
What is level 3 processing Reduce your (interchange) cost of accepting commercial & government credit card transactions by 1%-1.5% with a (properly) set up level 3 processing merchant account. Level 3 processing is not for every business, restaurants and business considered travel/entertainment are not eligible. If you primarily sell to consumers vs. businesses, this is…
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Accepting (B2B) Business-2-Business and (B2G) Business-2-Government credit cards is not as expensive as you may have been led to believe, IF you include Level 3 Line item detail. Level 3 processing can effectively add 1% and more to your bottom line on your existing sales volume, regardless of your current rate or processor. Let…
+ Read MoreLevel 3 Credit Card Processing Interchange
Level 3 credit card processing is a more sophisticated way of processing Business-2-Business (B2B) and Business-2-Government (B2G) credit card transactions that can easily lower your cost of accepting these cards by 30%-40%. Level-3 processing provides additional line item detail information on the credit cards you accept from other businesses and or government. This information tells…
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Level 3 Credit Card Processing My name is Sean Jones; I’ve been in the Merchant Services industry for 20 years. Today I’m sharing a secret most banks would prefer you didn’t know & Expose you to new technology that will add up to 1.5% to your profit margins on your B2B & B2G transactions regardless…
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Required to process Level 3 Detail or need to process Level 3 processing via Quickbooks or Mobile, Revolution can help.
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NAVIGATING THE MURKY WATERS OF LEVEL-3 PROCESSING By PYMNTS @pymnts What’s Next In Payments® 7:15 AM EDT August 28th, 2015 The Following is a recent interview with PYMTS.com regarding Level 3 processing. The complexities facing merchants that process B2B and government procurement transactions are plentiful. But streamlining Level-3 processing may be a good place…
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What is Level 3 Processing? Level 3 processing is a more sophisticated way of accepting and processing commercial and government credit cards. Additional line item detail about the transaction is included with the transaction and passed along to Visa. Commercial cards are divided into 3 categories based on the level of information included with…
+ Read MoreGSA Large Ticket Interchange and Level 3 Processing
Revolution payments can help you qualify for high ticket interchange rates and reduce your transaction cost up and above level 3 savings.
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Level 3 processing and revolution payments can reduce your transaction cost by 40% on commercial transactions
+ Read MoreGovernment Agencies encouraged to choose vendors who process Level 3 Data
The Government has not mandated Level 3 processing yet, however GSA has added level 3 processing as a requirement for some contracts. Whether required to pass level line item detail or not, If properly set up Level-3 provides significant advantages for merchants who process commercial and government credit card transactions. Its not only for your…
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