Level 2 and 3 Processing
Merchants who are suppliers to other businesses and government entities can qualify for significantly lower interchange rates. To properly accept commercial card payments requires a Level 2 & 3 payment technology that can qualify these card transactions for the best interchange rates available.
Paying higher interchange rates means you are paying a higher fee than necessary directly to the issuing banks. It would be like paying $5 for a soda instead of $2 simply because you were not answering a few brief questions at the checkout counter.
Most merchants have not been educated on the advantages of Level 2 & 3 processing. Nationwide Payments is an expert in setting up B2B merchants to ensure they are set up correctly in order to qualify for these special rates.
We also offer the following value added solutions that may help your business' bottom line.
Credit & Debit Acceptance
Electronic Check Conversion
No Cost Check Recovery Program
Competitive Rate Guaranty
Gift & Loyalty Card Marketing Programs
For more information, contact Partner Support at 877-290-1975 x 169009
Look at your statement. If you see any volume coming in at these higher rate categories, you are eligible for Level 2 and 3 interchange rates.
By entering a few additional fields of data, you will receive much lower interchange rates.