Do you accept credit cards from other Businesses or Government? If so, I have some important news that  can Add up to 1.5% to your bottom line and Profit margins without having to increase your sales volume…. You probably already know that Visa and MasterCard use “interchange fees” to determine how much you pay an issuing bank each…

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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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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 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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  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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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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