BLOG CATEGORY
Level 3 processing
Level 3 merchant account
Card Knowledge – Level 3 Purchase Card Data "Level-1" card data is typically associated with consumer transactions and provides limited purchase data back to the cardholder. "Level-2" data adds more...
how to set up a level 3 merchant account
Setting up a level 3 merchant account 1st requires you to select a gateway to support line item detail Level-3 line-item detail was developed to support b2b and b2g credit...
GSA smart pay and purchase card processing
The GSA SmartPay® 2 program provides charge cards to U.S. government agencies/departments, as well as tribal governments, through master contracts that are negotiated with major national banks. There are currently over...
Level 2 Data Credit Card Processing (level II)
Level 2 & 3 Data & Business & Corporate Credit Card Processing Does your company typically deal with business, corporate or government GSA purchasing cards (known as p-cards or...
Level 3 Processing for Government Cards
Level 3 Processing for Government Cards, why its a must! Each year more companies and government agencies expand their purchase card programs (Visa, MasterCard, AMEX). While the federal government’s SmartPay®...
Interchange
So what is interchange, and why does it exist? When a merchant accepts a card for payment, they pay a “merchant discount fee,” which is typically 2 – 2.5% of...
Accepting Government Credit Cards
As much as ninety percent of all government small purchases are bought with a government-backed credit card. Whether it is the Federal Government’s Government Purchase Card (GPC) or a GSA...
B2B Processing & Level III
Level 3 processing gives you the merchant the ability to process procurement or purchasing cards (cards used typically by larger companies and definitely by the government). Line item detail such...
Accepting GSA Smart Cards
Businesses and vendors that wish to obtain a schedule contract to do business with the Federal Government are required to accept the GSA SmartPay charge cards as a method of...
B2B suppliers & commercial card payments
As reported in a recent U.S. Banker article titled P-Cards Have Promise, approximately 16 percent of B2B suppliers accept commercial cards for U.S. B2B payments citing Interchange fees as a...
Merchant Cash Advance
If you’ve already got a merchant account and can accept credit cards, then you’re headed in the right direction to making your business successful. So what else can you do?...
Merchant Cash Advance
Many of our clients and prospective clients are curious about what a merchant cash advance is and how it differs from a traditional business loan. There are many differences. First,...