Posts Tagged ‘Best Practices for Accepting Government Purchase Cards (GPC)’
How I saved this government contractor over $4,600 per month in fees w/o changing their rate
With the many challenges facing contractors today, many have relied on their banks to set-up their credit card processing. It’s regrettable that many in the contracting industry are unaware of the advantages that correct processing solutions can present. Many years ago MasterCard and Visa have created special interchange rates to support purchase card programs…
Read MoreBest Practices for Accepting Government Purchase Cards (GPC)
When it comes to accepting Government & non-government purchase (GPC) & commercial cards implement these best practices to keep your business competitive, compliant while controlling your costs. Implemented properly your cost for accepting Business-to-Business (B2B) and Business-to-Government (B2G), Government Purchase Card (GPC) transactions should be Under 1.86%. Include Level-3 Payment Detail: – To encourage merchant participation and support of…
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