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Level 3 Processing from Revolution Payments
Level 3 processing from Revolution Payments can offer a tremendous savings for merchants who are suppliers to other businesses or government agencies. Purchasing cards (p-cards) are issued to large corporations...
Purchase cards, GSA SmartPay, and Level 3 credit card processing
Level 3 processing is a unique class of credit card processing. The Level 3 classification only applies to specially issued Purchase Cards (p-cards) that are able to accept an enhanced...
Visa B2B Rate
Business-to-Business: Transactions eligible for the B2B rate must be CPS qualified (not qualifying for Level 2 rates) and be processed by merchants operating in qualified Merchant Category Codes (MCCs). Transactions...
Interchange Questions:
What are Interchange Rates? An Interchange Rate, also known as an Interchange Fee, is a term used in the payment card industry to describe a fee that bank card networks...
NACHA MEMBERSHIP APPROVES RULE ON MOBILE ACH PAYMENTS
NACHA MEMBERSHIP APPROVES RULE ON MOBILE ACH PAYMENTS The Electronic Payments Association membership has approved a new rule on mobile ACH payments that incorporates mobile ACH debits into the existing...
Fraud Protection
FRAUD CONTROL Card-Not-Present Extra protection when there’s no card Card-not-present (CNP) merchants must take extra precaution against fraud exposure and associated losses. Anonymous scam artists bet on the fact that...
Level III Processing
More and More businesses are using Purchasing cards to purchase goods and supplies for their business in order to simplify the payment process by eliminating the need for purchase orders,...
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