Business to Business (B2B) Merchant Accounts
Substantially Reduce Your Monthly Credit Card Processing Fees and Increase Your Profit Margins!
As a B2B or B2G business, you will discover that commercial and government (GSA) credit cards makeup a significant portion of your overall credit card sales. These types of credit cards are rapidly replacing the more inefficient and expensive paper purchase orders. Commercial credit card usage is estimated to top $195 Billion in 2011 according to a recent Federal Reserve Study.
Setting up a B2B merchant account to correctly process commercial credit card payments is much different than setting up a normal Retail or MOTO merchant account. Without the correct rate structure and programs in place, accepting commercial credit cards as payment will become extremely costly to your business. Carefully read over the information on this page as it will explain the multiple B2B payment solutions that we utilize. These specific programs ensure your business will accept and process credit card payments in the most cost-effective manner possible.
Highlights & Benefits
- 2.1% B2B Rate On Visa Comml Cards
- Cost-Plus Pricing
- Next Day Funding
- No Application Fees
- No Setup Fees
- Free Credit Card Terminals
- Free Live 24/7 Merchant Support
- Free Online Reporting Tools
- Free Online Statements
- Ability To Do Recurring Billing
- No PCI Compliance Fees
- Easy-to-Read Monthly Statements
- No Early Termination Fees
- Quick Setup & Easy Transition
AVOID "Tiered" & "Bill-Back" Pricing
• CLICK HERE for a complete explanation of Bill-Back Pricing (.pdf)
• CLICK HERE for a complete explanation of Multi-Tiered Pricing (.pdf)
Both of these common pricing methods will become very costly to any business within the B2B or B2G industry. They will cause a majority of your credit card transactions to downgrade to much higher processing rates. This in turn will significantly increase your monthly processing fees.
What Exactly Is A Transaction Downgrade?
A transaction downgrade occurs when an additional surcharge rate or fee is applied on top of a specific card types base rate. These downgrades effect both the discount rate and the per transaction fee that a credit card sale receives. The card types most commonly effected by downgrades are all keyed-in transactions and commercial credit cards i.e. Corporate, Business, Purchasing and GSA cards. This will many times cause these sales to be processed at rates as high as 3% - 5%, nearly double what they should be.
What To Look Out For!
Take a look at your recent month's processing statement. Do you see any of the following transaction downgrade terms listed on there?
• Qualified or Qual
• Mid-Qualified or Mid-Qual
• Non-Qualified or Non-Qual
• NQSF
• Standard
• EIRF
• Data Rate 1
• Electronic
• BB (BillBack)
• EBB (Enhanced Bill-Bacl)
• Does Not Qualify
If you do this indicates that your business is overpaying on your processing fees.
2.1% Visa B2B Rate
In the fall of 2007 Visa created a special B2B interchange category for selected B2B industry's. This new program offers a low processing rate of only 2.1% on all their commercial, purchasing and governement credit cards. This B2B rate is over 1/2% lower than the normal Level 1 commercial card rates offered to other types of businesses. Combined with Cost-Plus Pricing, this program will help to reduce your monthly processing fees by an average of 18 -35%.
The list of eligible B2B industry's can be found by clicking the following link: CLICK HERE
Cost-Plus Pricing
Cost-Plus Pricing works by processing each credit card payment you accept at it's respective interchange rate with only a small flat fee added on top. Interchange is the preset base rate by Visa, MasterCard and Discover for each card and transaction type. There are currently over 205+ interchange rates between the three card issuers.
This pricing method is especially effective for businesses who key-in their transactions or who accept commercial and government credit cards. This is the pricing method preferred by most all Fortune 500 companies due to its complete transparency and cost-effectiveness.
Level 2 Processing
Level 2 processing requires a special setup of your credit card terminal or payment gateway, so that it will prompt for the required Level 2 data when keying-in commercial credit card payments. This additional data makes these transactions more secure which allows your business to receive the lower Level 2 interchange rates.
The difference between Level 1 and Level 2 rates can range from .35% on up to 1.2% depending on the card and transaction type. Level 2 processing will help provide your business with an additional reduction in your monthly discount fees.
Payment Gateways
- Authorize.net (Free Setup - $99.00 Value)
- Revolution Payment Gateway (All-In-One)
- eProcessing Network
- IC Verify
- Skipjack (Exclusive QuickBooks Plug-in)
- PC Charge
- Virtual Merchant
If there is a payment gateway not listed that you would prefer to use, please let us know. We can accommodate most any request.
Lower Fees Lead To Higher Profit Margins!
Tailored Transactions has over 12+ years of experience in processing payments for the B2B and B2G industry. We specialize in correctly structuring your merchant account to take full advantage of all the preferred pricing programs available from Visa, MasterCard and Discover.
Why even risk the chance of your business overpaying on your credit card processing fees. You may be paying 1-2% higher on commercial and government credit card transactions than what you should be. Potentially costing your business hundreds, if not thousands of dollars each month in lost revenue. Our rate quotes come with no-obligation to our services and are 100% Free. They take less than 24 hours to complete and return to you. All we need is one recent months processing statement to compare. Please consider this free offer and see how much your business could potentially be saving each month.
CLICK HERE to Receive Your Free Rate Quote!
