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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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 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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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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  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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Revolution Payments is helping government contractors and B2B merchants meet the requirements for processing and capturing level III line item detail for GSA SmartPay, B2B and Purchase card credit card transactions. This not only lowers your cost of accepting these cards by 30%-40% but can help you look more attractive to Federal Buyers looking for…

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Level 3 processing reclassifies your: Commercial, Business, Fleet, Purchasing & Government credit card transactions to lower interchange rates and allows you to capture a large chunk of revenue you cannot receive from your processor. Receive your no obligation level 3 rate quote and increase your profit margins by 40%! level 3 Processing Rate Quote

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Automate Your Level 3 Processing Interchange Rate Qualification.   Visa and MasterCard use “interchange fees” to determine how much you pay the card issuing banks each time you accept a credit card transaction.   What most  banks and processors  may not have told you is that for B2B, Commercial or government purchases, interchange rates fall into…

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