GSA Point of Sale & Transactional Data Technical Information

March 19, 2018

The GSA site has some great information regarding Level 3 processing and benefits/Additional revenue available to Government Vendors and Contractors. The following information is provided for informational purposes only to provide technical background information on the Point of Sale & Transactional Data initiative to vendors. Transactional Data • Level-3 “transactional” Data: is an “electronic invoice”…

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Level 3 Credit Card Processing-Why you should Consider it!

March 2, 2018

Why should you consider including level 3 credit card processing if you accept credit cards from other businesses or government? Not doing so, you lose .80%-1.5% of potential revenue on every credit card you accept.  To understand level 3 processing if accept B2B Business-2-Business & B2G Business-2-Government transactions you need to have a basic understating…

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Level 3 Credit Card Processing -Accepting Government P-cards

February 22, 2018

Level 3 Credit Card Processing Setting up a merchant account to accept commercial, business & government cards is different than a standard retail merchant account. Statics show us that at least 3 out of 5 GSA businesses have not been set up to accept commercial cards correctly. Most have been set up to accept standard…

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Level 3 Credit Card Processing for GSA Vendors/Contractors

January 2, 2018

Level 3 Credit Card Processing for GSA Vendors/Contractors Government Contractors can reduce Credit Card Processing Fees with a Level 3 Merchant Account from Revolution Payments! MasterCard & Visa created special “interchange” rates to support vendors by reducing cost “interchange” when level 3 payment detail is included with the payment file. Vendors can save as much as 30% to 40%, saving your…

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Level 3 Payment Processing

December 29, 2017

What is Level 3 Payment Processing Level 3 credit card processing allows merchants who accept Business-2-Business (B2B) & Business-2-Government (B2G) Corporate or Purchase Cards to send additional line item detail along with the transaction, when in turn lowers interchange cost by 30%-40%. As stated on the GSA site: Value Proposition for Vendors: “Faster funding: Improves…

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Processing Government P-cards w/ level 3 payment data

December 20, 2017

  GSA Vendors Why pay 2.65% vs 1.85% to process a Government P-card?     With the many challenges facing contractors today, it’s no wonder so many are relying on their banks or existing credit card processors  to set them up to accept Government P-cards. It’s regrettable that many in the contracting industry are unaware…

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Best Practices for Accepting Government Procurement Cards (GPC)

November 16, 2017

With the many challenges facing businesses today, it’s no wonder so many are relying on their banks or existing credit card processors  to set them up to accept Government and Non Governmetn commercial cards.  Setting up your merchant account to accept government and commercial cards is much different than a traditional retail merchant account. Even…

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Level 3 Credit Card Processing for Government Procurement Cards

November 16, 2017

Level 3 Credit Card Processing for Government Procurement Cards With the many challenges facing contractors today, it’s no wonder so many are relying on their banks or existing credit card processors  to set them up to accept Government P-cards. It’s regrettable that many in the contracting industry are unaware of the advantages available for accepting…

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Large Ticket Transaction Processing

August 17, 2017

Save money with Revolution Payments Large Ticket Credit Processing Program. Our program reduces the high processing costs normally associated with high ticket transactions. Below I’ve highlighted some of the High Ticket Interchange Rates.   This will also vary depending on the size of the ticket. Questions? Give us a call 888 790 3450 Revolution Payments…

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Level 3 Payment Processing Explained

August 3, 2017

Level 3 Payment Processing is a more sophisticated way of accepting and processing government & commercial credit card transactions that involves providing Line item detail with your transactions——this in turn, tells the issuing bank what is being purchased, who is involved in the transaction, how the sale is taking place, and when. To encourage merchants…

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