Archive for the ‘B2B’ Category

Visa/MasterCard Large Ticket Interchange Program

Monday, August 17th, 2015

Visa/MasterCard Large Ticket Interchange Program.

Do you accept large transactions from your clients? If so Visa and MasterCard’s Large ticket interchange program will significantly lower your transaction cost. Well, it should.  Its important you work with an experienced B2B sales professional to ensure your account is set up properly and you receive 100% of benefits.

 

Purchasing Card Large Ticket 

• Must be registered with Visa and have a valid MVV • CPS Qualification • Non-T&E Merchant • Settlement within 7 days of transaction • Must have appropriate MVV value • Purchasing Card Level II: sales tax1 and customer code • Purchasing Card Level III: Level III2 data includes Level II data and line item detail

GSA Large Ticket 1.20% + $39.00

 Visa Purchasing Large Ticket 1.45% + $35.00

 

 

MasterCard Level II Large Ticket

• Applicable Electronic Authorization Data must be included and match Settlement Data • Magnetic card swipe must be passed in the authorization request for Fleet at fuel locations • Settlement within 1 day of transaction • 25% Authorization to transaction tolerance amount • Bars, Fast Food, E-Commerce and Automated Fuel Dispensers are exempt from the transaction amount tolerance • Level II3 Corporate Card Data (All Commercial Cards except, Fleet Cards at fuel locations) (Customer Code not required for Business or Corporate Cards) • Level III4 Purchasing Card Data • Level III4 data is required for fleet, non-fuel purchases • Card Acceptor Type and Tax ID required for Fleet Cards at fuel locations

1.20% + 40.00

You can see the savings is quite significant over, even Level 3 interchange rates.
If you have any questions regarding Level-3 processing or process high ticket transactions and would like  to learn more about the High Ticket Interchange Program

give us a call at 888 790 3450 or info@ revolution-payments.com or

fax your last months statement to 877 901 3181 for a No obligation confidential commercial card audit.

 

Global Gateway e4 and Level II and level III Processing

Friday, February 13th, 2015

The Global Gateway e4 (GGe4) supports both Level II and Level III processing for merchants B2B, government and P-card transactions.  Sending

Level II and Level III transaction detail will grown your bottom line on your commercial related transactions.  In fact the same credit card transaction sending level 3 line item detail vs not can cost you up to 1.50% more.

 

Additional Benefits of The Global Gateway e4 (GGe4)
  • Alternative payments, Paypal, Apple Pay, TeleCheck, gift and loyalty
  • Tokenization
  • Recurring payments
  • Flexible batch processing options
  • level II and level III processing
  • Hosted payment page
  • GGe4 web service API

           To take advantage of the reduced interchange levels for sending lvl 2 and lvl3 payment detail or any of the GGe4 solutions, call and speak with one of Revolution Payments level 3 payment consultants 888 790 3450 or email info@ revolution-payments.com