Posts Tagged ‘Visa level 3 processing’
How Level-3 Processing Reduces the cost of B2B & Government Credit Card Transactions
Including level-3 line item detail on your B2B & B2G transactions reclassifies these transactions to lower interchange rates. 100% of interchange goes back to the bank that issued the credit card, not processors. Commercial and government cards qualify one of three interchange levels. Level 1, 2, or 3. Level 3 processing allows you to capture…
Read MoreReclassify your B2B and B2G credit card transactions to level 3 interchange rates
Level 3 credit card processing can lower your cost of accepting B2B and B2G credit card transactions by 40%. Level 3 processing passes additional information about a transaction (line item detail) to the processor. Information you would generally seen on an invoice that is processed along with a transaction. Revolution Payments can automatically reclassify your…
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