Level-3 processing

  Accepting Commercial Cards and Level 3 Processing

I’m going to explain why accepting commercial cards and level 3 processing is SO important. If fact, its so important that accepting a commercial card without it and you lose 1% of revenue that has nothing to do with your processor or your rate. After 24 years in the payment space and talking with thousands…

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Level 3 Processing for Commercial Transactions

Its extremely likely level 3 processing (line item detail) lowers your interchange cost of processing B2B & B2G transactions by 1% or more! Level 3 processing for commercial transactions is a great way to lower interchange cost before processors add their fee. You probably already know this but, whenever you accept a credit card from…

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What is Level 3 Processing

What is Level 3 processing? To understand why level 3 processing is so important if you accept commercial or government credit cards, keep in mind 80% + of the fees businesses pay to accept credit cards (interchange) goes directly back to the bank that issued credit cards.  Processors receive no revenue whatsoever from interchange. One…

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How much can level 3 processing save you?

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This post shows how much level 3 processing can save you on your (B2B) business-2-business and (B2G) business-2-government transactions. Even if you have a great rate, accepting b2b, commercial or purchase cards without level 3 detail, you are always going to pay about 1% more than the best rate you can receive from a processor.…

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Government P card processing – Level 3 processing

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Government Vendors: Don’t Leave “Rebate” Money on the Table   Add up to 1.5% to your bottom line for Accepting Gov & Non Gov Commercial & P-Cards Please note, this is much different than your standard merchant account and will effectively add up 1.5% to your bottom line On ALL Government, Commercial & Business transactions…

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Level 3 Credit Card Processing, Is it right for you?

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 these cards correctly To support acceptance of corporate &…

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Level 3 credit cards processing GSA Vendors

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Vendors, Did you know Over 15 years ago, MasterCard & Visa created special rates to support Purchase Card programs reducing a vendor’s transaction costs (Interchange) if Level-3 line item detail information is processed with a transaction? Yet, 3 out of 5 vendors are still not set up to participate. By providing Level-3 data, a supplier…

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Level 3 Credit Card Processing

Revolution Payments developed a solution that automatically reclassifies the commercial, government and B2B credit cards you accept to level 3 interchange rates, thus adding about 1.5% new interchange revenue to your profit margins, w/o changing your processors rate. Before you disregard this information I’d like to remind you that the service we are providing has…

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Level 3 credit card processing explained

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This short video explains the benefits of Level 3 processing for B2B & B2G businesses and how it will reduce your interchange costs. You probably already know that Visa & MasterCard use interchange rates to determine how much you pay to accept a credit type of credit card. Processors receive no revenue whatsoever from interchange,…

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