BLOG CATEGORY
Interchange
Level-3 Processing
Level-3 processing is an advanced way of processing commercial transactions. Commercial cards have different capabilities that other types of credit cards. ...
Payeezy, Level 2 and Level 3 Functionality
Processing Level 2 and Level 3 in Payeezy The Payeezy Gateway℠ supports both the entry and searching of Level 2 and 3 data within the Real Time Payment Manager...
Government Contractors especially 51v schedule holders: You Need To know This
The government is making a shift in the way they are accepting credit cards and something you need should prepare for. When the GSA SmartPay program was initiated in 1989...
Government Agencies encouraged to choose vendors who process Level 3 Data
The Government has not mandated Level 3 processing yet, however GSA has added level 3 processing as a requirement for some contracts. Whether required to pass level line item detail...
Instantly Reduce Transaction cost on Purchasing Cards by up to 40% by sending level 3 detail
Sending level 3 line item detail on your commercial, fleet, business (MC), purchasing and government cards can reduce your transaction cost by up to 40%.....Instantly! Cost Savings-Visa and MasterCard created...
What is Level 3 line item data
Level 3 processing and sending line item detail is an advanced method of processing commercial, purchasing, fleet and government credit cards. It involves sending additional fields of data through the...
Utility Rates for Credit Card Transactions
Does your business provide: water, sewer, electric, gas, home heating oil (MasterCard only) or sanitation services? If so your company qualifies for utility interchange rates. There is NO Percentage...
How Level 3 Processing will Improve B2B Payment Transactions
Business-to-business (B2B) and business-to-government transactions allow a higher level of transaction detail than traditional business-to-consumer credit card transactions. Level 3 line item detail refers to additional information about a sale,...
Enhanced Data Level II and III Line item Detail
Understand Level II and Level III Line Item Detail. Whether your company uses a Corporate, Purchasing, Fleet, or Commercial cards, your company can benefit from the reduced interchange level for...