Easily Accept Payments with NMI’s Payment Gateway | NMI Payment Gateway Overview
As a merchant, you’re always looking for ways to cut costs and increase profits. One area where you may be able to save money is in payment processing fees, especially if you accept a lot of corporate or government cards.
This is where Merchant Level III Credit Card Processing comes in.
By providing specific line item details at the time of a purchasing card or government card transaction beyond what is required for consumer card transactions, you may qualify for Level III interchange rates. Visa and Mastercard have separate interchange categories for Level III transactions, so providing all of the required information can result in savings if you accept a lot of cards that are Level III eligible.