What Level 2 Processing Means For Your Business
Acceptance of Level 2 payments can reduce monthly credit card fees and consequently increase profits for your business, it’s that simple. For a transaction to qualify as a Level 2 transaction a few pieces of additional information must be passed during the transaction process. This additional data allows the transaction to qualify for a lower interchange rate, therefore, lowering processing costs.
What kind of businesses can process
Level 2 payments? Any company that does business with other businesses or the government can qualify to process
Level 2 payments; even selling goods or services to other businesses for retail sales qualifies. If you are interested in
Level 2 processing or curious if your business qualifies for
Level 2 lower interchange rates, contact our office today and talk to an expert who can identify the right interchange category for your business.
Just another way COCARD helps you save money to make money in your business.
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As a business owner, nothing is more rewarding than seeing your company grow and thrive. After all, you are the one putting it all on the line, calling the shots and making important decisions that will lead to your future success. Because business trends change there are times, you may have an abundance of income; others, you may be low on capital. If you find yourself short of cash and need to purchase key equipment like a new point of sale system, make necessary repairs or have a lucrative opportunity, you may want to explore funding options. One option – a merchant cash advance – offers rapid access to cash with minimal qualifications and formalities. Interested, contact our office today and let’s talk about what you need to keep your business growing in 2018!
