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Purchasing Card Level II (US COMM L2 P) is an interchange category that is used to calculate the interchange fee for card-not-present transactions involving a payment made with a purchasing card instead of a consumer credit card.
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However, some credit card processors are now offering “zero fee” processing as a way to seemingly get around interchange fees and attract businesses to use their services. These processing options may have different names: zero fee processing, cash discounting, and free credit card processing. Obviously there’s a lot of fine print involved, and it’s important …
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Note: Fattmerchant has changed its name to Stax. We’re preserving this profile for historical record, but have created a new review of the Stax offering, available here: Stax credit card processing review. At the time of this update, Stax utilizes the same pricing model as Fattmerchant did, and some of the information contained below may …
Fattmerchant Credit Card Processing – Does it really compare? Read More »
