Acceptance of Purchase cards and Government Credit Cards for payment, typically allows for and encouraged the entry of Level III details to reduce the cost of the transaction with acceptance. A typical discussion of the actual cost benefits and misinformation, handed out by many a misinformed competitor, have clouded the advantages and savings associated to acceptance of Purchase Cards, Government credit cards and a few others.
Widely accepted and used this can save $1,000 dollars every month in INTERCHANGE COSTS! The largest fees charged overwhelm the actual pennies the processor charges. Savings on a single transaction, of almost 33% on interchange costs, are achieved when setup correctly for easy use and commitment to enter Level III Details.
Pricing: NON/ENTERED Purchase Card Level III details (example): 3.26% / Level III Entered: 2.06% / Interchange Savings of 1.20%
