|
|
 |
Product Solutions
Level 2 Level 3 Processing
........................................................................................................
Generate more revenue through multiple sales
channels by accepting government GSA
cards, Corporate P Cards and Electronic Invoice Presentment and Payment (EIPP).
........................................................................................................
What is Level 2 and Level 3 Processing
Level 2 and Level 3 Card Processing is used by the
Government and large corporations to make business-to-business, and business-to-
|
Infinity Data proudly serving merchants
since 1995. |
government purchases. These transactions are typically authorized by end users using what are called Purchasing Cards, or ‘P’ Cards. The difference between Level 2 and Level 3 Card Processing is the amount of information presented and captured at the Point-Of-Sale.
Level 3 provides specific purchase information such as item description, quantity, unit-of-measure, price and sales tax information, combined with detailed merchant and cardholder information. Level 2 captures less information than Level 3, but more than Level 1 information at the Consumer Level, which only provides card holder data. The more information you collect at the time of purchase, the lower the processing rate.
.......................................................................................................................................................................
You’ll save money with lower processing rates and collection costs, and increase
your access to prime government and corporate contracts.
.......................................................................................................................................................................
EIPP Cost Cutting Processing
Electronic Invoice Presentment and Payment Processing (EIPP) is a fairly new processing channel used by corporate business-to-business purchasing agents to present invoices and make payments through the Internet for goods and services. EIPP cuts down on processing costs while giving purchasing agents the ability to document and catalog inventory, forecast cashflow, earn early payment discounts, and streamline receivables.
Turning Level 2 & 3, and EIPP Processing into Profit
Take advantage of these new technologies and increase your access to prime government and corporate contracts. You’ll save money with lower processing rates and reduced billing and collection costs. Rates are lower, and average transaction totals are much higher than Level 1 Consumer types because products are purchased in bulk. Charge backs are almost nonexistent, and the reporting standards are higher.
......................................................................................................................................................................
Getting started is easy
Call today 866.460.3913 or chat with us online now to find out what your low price, low rate options are. Let us help you get started today. Proudly serving merchants since 1995.
|
