Level 3 processing is a different way of accepting B2B & B2G credit card transactions that includes entering additional line item detail (item descriptions, quantities, tax detail, etc.)
75%-90% of the fees a business pays to accept credit cards goes back to the card issuing bank, not processors. Commercial and government transactions fall into 1 of 3 interchange categories, level 1, level 2 or level 3. Entering line item detail reclassifies your transactions to lower interchange rates allowing you to capture up to 40% more interchange revenue.
Revolution Payments makes level-3 processing (easy) by identifying the cards you accept and automatically updating all of your transactions to level 3 interchange rates.
Receive a no obligation level 3 quote and interchange audit
https://revolution-payments.com/level-3-rate-quote/
Questions? Call 888 790 3450