Businesses and corporations are expanding their use of purchasing, corporate and business cards (the credit card industry saw a 27% usage increase in 2007 vs. 6% in 2003). 

The trend makes sense.  A look at the process shows this type of card use brings substantial process efficiency savings and benfits to the companies implementing them as a full end to end process. 

The ROI for the merchant is just as rewarding.  Consider WHY you should accept and encourage credit card payment for your B2B transactions.

• Enhanced reporting and reconciliation (reducing labor costs).
• No need to extend credit.
• Quicker payment (compare 2-3 days to 30 to 60 and sometimes 90) - increased cash flow.
• Fewer collection issues and expenses.
• Increased revenue and sales opportunities - more and more large businesses and government accounts REQUIRE their vendors to accept purchasing card payment. 

Without clear cut preparation for this type of card processing however - the truth is - processing these cards can be costly.  Additional line item data is required at the time of the transaction for the merchant to receive the lowest interchange rate possible.  Moreover, VISA and MasterCard have large ticket interchange rates for level III processing that can reduce transaction costs by up to 30%.

Our merchants experience considerable savings with our B2B processing solutions.  

B2B Processing Level 2

For merchants who process corporate or business credit cards.  Make it work.

B2B Processing Level 3

For merchants to process procurement or purchasing cards - often used by large companies and government entities.  Steppin' it up.