Revolution Payments Reveals a Level III Credit Card Processing Solution for QuickBooks Online Users
Jun 4, 2020
ASHBURN, Va. - June 3, 2020 - (Newswire.com)
Revolution Payments reveals a Level III Credit Card Processing solution for QuickBooks Online users. Level III processing can reduce a business' interchange expenses for accepting commercial cards by up to 43%.
Interchange accounts for the largest portion of a business’ credit card processing fees (80% or more) and it’s paid to card-issuing banks.
Visa and MasterCard allow purchase, fleet, commercial, business and government cards to qualify for lower interchange rates only when Level II and Level III processing detail is processed with a transaction.
Unfortunately, many businesses are not passing along the enhanced data required to receive these lower interchange rates; others are using software or a device that does not support Level III processing.
Revolution Payments automatically updates each transaction to level II/III interchange rates, without the need to manually enter this data or worry about human error.
This optimizes transactions to the lowest-possible interchange rate, increasing profit margins from interchange revenue.
Additional Features:
- Sale
- Receive Payment
- Credit Memo
- Invoice
- Sales Order
- Offline mode – accept credit cards without having internet access and process those later
- Print payment receipts
- Performs transaction types like Authorize, Capture, Void, Credit, etc.
- Level II support for reduced credit card transaction fees
- Level III support for purchasing cards
- Accept credit card and electronic check payment
Businesses interested in learning more about Revolution Payments or the QuickBooks Online solution should contact Sean Jones at sean@ revolution-payments.com.
Related Links
Level III Processing With QuickBooks
Press Release Service by Newswire.com
Original Source: Revolution Payments Reveals a Level III Credit Card Processing Solution for QuickBooks Online Users
More News
Under Trump, Commodity Futures Trading Commission Scales Back Enforcement, Worrying Farmers
The fate of two cotton brokers highlights how the Commodity Futures Trading Commission has scaled back its regulatory actions not just for crypto cases but also for the kinds of cases it has long policed.
Childminder facing 'severe financial burden' as heating oil costs rise
The war in Iran is having a practical impact on people across the island as energy prices continue to climb.
Smart Headlights Finally Trickle Down to Cars in the U.S.
Federal data shows that half of all traffic fatalities happen after dark, but only one-quarter of driving happens at night. So any help is welcome.
You need £17,000 for a first home - here's how to save it
Here are four ways you can put money aside to save enough for a deposit on your first home.
Why the PM could finally drop the triple lock pension pledge
Andy Burnham said that he would make tough decisions to fund a new national care service.
Healey to promise 'new age of industrialisation' for UK in conference speech
The chancellor will unveil policies aimed at boosting British shipbuilding in his speech to Labour's annual conference on Monday.
How much is in your savings account?
From £65 to $60,000 - we talk savings with people in East London's Brick Lane.
How waste food helps families through the week
The scheme runs in schools across the West Midlands, including Birmingham and Walsall.
Uni student living at home 'wasn't ready' to move away
A third of students starting courses are living at home, the University of Gloucestershire says.
My hometown shows that high streets have to change or die
Aberdeen is launching an ambitious bid to revive its struggling centre. Could it offer lessons for other high streets?
TV Networks to Resume Trump Coverage, Even as White House Excludes CNN
The White House TV pool went dark this past week amid a standoff between CNN and the president. Network leaders, however, believe an indefinite suspension may be untenable.
International businesses watch for results from Xi-Trump summit
International businesses watch for results from Xi-Trump summit
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.