Large ticket credit card processing

Many business-to-business (B2B) and business-to-government (B2G) customers require unique payment options when placing big-ticket or large-volume orders. As a merchant who services this market, you can use large ticket credit card processing to reduce the high transactional costs normally associated with B2B and B2G purchases.

• Enjoy lower fees with large ticket credit card processing
• Protect sensitive data with PCI-compliant payment solutions
• Reduce your Days Sales Outstanding (DSO)

Large ticket merchant services

A large ticket interchange program is designed for merchants who accept high-dollar credit or debit card transactions. Whether Visa® or Mastercard®, each association offers different rates and programs to best serve your business.

Benefits of large ticket credit card processing

A large ticket interchange program reduces the cost of accepting major credit card payments — similar to Level 3 credit card processing. When you can accept large ticket payments, new markets open for your business, increasing your bottom line in a cost-effective manner.

Because security is a main priority, ensure that your large ticket credit card processing solution is equipped with PCI-compliant data protection to prevent sensitive payment information from ending up in the wrong hands. Be sure your merchant account provider offers the highest levels of security to process every single transaction, tracking it from inception to settlement.

Another benefit of large ticket interchange processing is decreased payment collection time, measured in Days Sales Outstanding (DSO). Instead of waiting 45, 60, or even 180 days after sending invoices for payment, you may receive your deposit in as little as 24-48 hours depending on your payment provider.

To learn more, contact our merchant services team today.

Editorial Team

Enterprise behavior, Payments & processing

Related Posts

Full Service Restaurants (FSR)

Creating your own restaurant split check policy

To keep things running smoothly, restaurants need a well-defined split check policy that ensures consistency and efficiency for both customers and employees.... Read more

Mobile

Accept payments with secure wireless credit card processing

Wireless payment processing technologies continue to evolve and take the worry out of mobile business. With the right merchant services provider, your... Read more