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 almost 1% of new “interchange” revenue you cannot get from a processor lowering your rate.
Questions?
Give us a call 888 790 3450 or upload a recent statement for your no obligation level 3 rate quote. No obligation, just good info that will empower your business.