More than 90% of B2B businesses that accept credit cards are processing payments like a standard retailer.
VISA and MasterCard have exclusive discount rates for B2B payments that can lower the cost of a single transaction by as much as 68%.
These rates are only available to businesses that process as level 3 merchants through a B2B payment gateway and virtual terminal. A retail credit card terminal can process these cards, but not at these reduced rates.
Learn more about how XBS Global can help reduce your costs today.