Image Courtesy of hin255 / FreeDigitalPhotos.net Just announced! Sage ERP customers can now take advantage of Level 3 Credit Card Processing for Sage Payment Solutions.
Sage is committed to providing you with new and innovative services that help grow your business, increase revenue, and maximize efficiency. And this new feature for Sage Payment Solutions proves just that.
For those that are wondering what Level 3 Credit Card Processing means exactly, then read on to learn more.
Sage is committed to providing you with new and innovative services that help grow your business, increase revenue, and maximize efficiency. And this new feature for Sage Payment Solutions proves just that.
For those that are wondering what Level 3 Credit Card Processing means exactly, then read on to learn more.
What is Level 3 Processing?
Level 3 processing expands your payment processing capabilities beyond the typical consumer-to-business transaction by allowing you to process business-to-business (B2B) and business-to-government (B2G) purchase cards.
You see, B2B and B2G transactions are considered "lower risk" and carry much lower interchange rates. This means that merchants, like you, are charged less per transaction and for other fees like charge-backs.
In exchange for these lower rates, your credit card processing system must be able to transmit detailed information (such as merchant name, tax amount, customer code, duty amount, etc.) in order to complete each transaction.
That's where Level 3 Processing comes in. When you activate Level 3 Processing in Sage Payment Solutions, you can securely process government and corporate purchase cards and automatically provide the level of detail needed for each transaction.
You see, B2B and B2G transactions are considered "lower risk" and carry much lower interchange rates. This means that merchants, like you, are charged less per transaction and for other fees like charge-backs.
In exchange for these lower rates, your credit card processing system must be able to transmit detailed information (such as merchant name, tax amount, customer code, duty amount, etc.) in order to complete each transaction.
That's where Level 3 Processing comes in. When you activate Level 3 Processing in Sage Payment Solutions, you can securely process government and corporate purchase cards and automatically provide the level of detail needed for each transaction.
What Are the Benefits?
When you integrated Sage ERP with Sage Payment Solutions Level 3 Processing you'll be able to:
- Sell to companies using purchase cards
- Sell to government agencies
- Save money on transaction costs
- Build relationships with large corporations and government agencies
- Simplify invoicing and reporting
- Eliminate the manual data entry of Level 3 Data
- Automatically add Level 3 Data to each transaction
How Do I Get Started?
Sage Payment Solutions - and the new Level 3 Processing feature - works with a range of Sage ERP solutions including Sage 100 ERP, Sage 300 ERP, Sage 500 ERP, and Sage ERP X3.
To qualify for the lower interchange rates and start processing level 3 transactions, you must have a properly configured level 3 processing gateway in order to transmit the required data.
Contact your Sage ERP partner for more information.
Video: Level 3 Processing Activation in Sage 100 ERP
To qualify for the lower interchange rates and start processing level 3 transactions, you must have a properly configured level 3 processing gateway in order to transmit the required data.
Contact your Sage ERP partner for more information.
Video: Level 3 Processing Activation in Sage 100 ERP
Video: Sage Billing and Payment with Level 3 Processing
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