Earning Your Advantages witha Level 3 Credit Card Data Processing System


As a merchant, you never want to waste a single opportunity that would benefit your business, especially when it comes to managing your payable accounts. With the revolutionary level 3 credit card data processing, you have nothing to lose and everything to gain with simply filling up the line item detail as found in the purchase invoice.

Level 3 credit card transactionsgive additional discounts to government agencies and businesses, unlike those of consumer-level credit cards. The way this works is that the merchant provides additional information from the purchase, which allows Visa and MasterCard to track consumer behavior.

Earn Those Special Interchange Rates

High profile credit card companies VISA and MasterCard offer special interchange rates for Level 3. In this system, they reduce transaction charges every time Level 3 line-item details, such as the invoice number, tax identification and transaction amount, among other details, are provided along with the credit card payment.

YourBottom Line on Your Fingertips

Level 3 processing comes with the latest virtual terminal feature that allows business owners to monitor their transactions anytime, anywhere. This technology facilitates faster and easier transactions compared to its predecessors, asserts.

Safety Issues

To protect the interest of card users,major card holding companies like Visa and MasterCard issue certain policies, thus assuring safe record keeping. They additionally utilizea virtual terminal feature in compliance with the Data Security Standard.

Financial Liability for Government Card Users

A government purchase is provided with a complete detail of each transaction made. These are all automated directly into its accounting system, making it easier to keep track of financial liabilities.

Level up now to the line-item detail card system for your commercial dealings and get a foolproofprintout of your benefits. Make it a habit starting today and see how far up it can lift the quality of your business.

Company Ventures 101: The Five Essentials to Ace to Land the Grand Slam


company meetingsIn this world where almost every field is saturated with new labourers, some just want to try something new and be their own bosses. Entrepreneurs are anyone who wants to start company for themselves. But these people rarely start out experienced. More often than not, their first ventures are like the maiden voyages of newly-commissioned sea vessels – faring into the unknown seas, not knowing one corner of the ocean from the other.

Whether you’re from Sydney, Melbourne or Brisbane, here is a quick guide for all you beginners out there on the five things you have to sort out before launching your maiden venture.

1. Service and Product

All companies offer either a service or a product. Think about what you would offer: is there a market for it? Is there a need or want for it? Does the current trend allow very good opportunities for these? Try to think of something new and novel, but more than that, something practical that people will turn to.

While it is said that ‘nothing is new under the sun’, you can always optimize your service or product. If your intended service or product has similarities to existing ones, there are two ways you can get people to buy it.

First is price; if the price is lower or more economical, people just might prefer it. The second is differentiation. Though your product is largely similar to the other ones already in the market, what is it about it that makes it slightly different from the others?

2. Target Market

Just who are you trying to sell your trade to? That is a question that needs answering. Depending on what your service or product will be, your demographic should be amenable to buying in. Aside from simply asking the question, you should also assess if this is feasible.

3. Business Model

This is where most companies make or break. The model is the template or the overall plan on how you plan to go about your venture. This defines how you will execute your operations from manufacturing or sourcing your product, to distribution and maintenance. Plan this step carefully, and do your homework on as many models as you can – selecting which is practical to use for your vision. You can assimilate multiple models and form one that will best suit your venture.

4. People and Investors

Fourth on the list is your people, Scolari Comerford notes. You cannot run the trade all by yourself. Not only do you need a team working for you to share the load and contribute to the main effort, you will need a good network of contacts that can help you coordinate everything. And most of all, ventures need investors. Find people who are not only willing, but interested in seeing your company grow, and to pour money into it.

5. Inside Infrastructure

Closely tied to that of the fourth item, is how your company actually works on the inside. Related to your model and personnel, is how you plan on running things on the inside. Who gets paid for what, who handles what. This is managing the inner workings of the entity like how would the payroll system work, rewards and benefits, quality assurance and standards regulation. You best tap into outside consulting like business accountants to set your ledgers straight.

A good company is founded on a great business model – and where people work as part of a team. Know these five points first before engaging on any venture.

Debunking Insurance Myths: Not Everything You Know about Insurance is True


Insurance coverage is more of a necessity than a luxury in modern society. A few of decades ago, only well-off Australians could afford coverage. But the insurance industry became more accessible to consumers as more providers entered the market to compete.

There’s no denying that insurance policies are lifesavers. Getting the right coverage for the right price is one way to put your money to good use. Here is the problem, though: despite all the information within reach of consumers, a lot of people still get insurance wrong. For example, there are still some who end up paying more for coverage that they do not need.

So how much do you really know about insurance? Here are some of the most common misconceptions about insurance coverage:

Insurance is just a waste of money

Insurance can be costly, yes, but it can be worth every cent (provided you choose the right coverage for your needs). Insurance advisors from Perth-based Reliance Partners explain that it doesn’t matter if you haven’t experienced loss or damage to your assets. The point of having insurance is to be protected from unforeseeable circumstances that could put you in a financially difficult position – one that could possibly end up in bankruptcy. Although the government provides assistance during such circumstance, chances are it may not be enough to recuperate possible losses.

All insurance providers are the same, offering the same products at the same price

No two insurance providers offer the same type of coverage. According to the Australian Prudential Regulatory Authority, there are more than 100 insurance providers operating in Australia. Each of them needs to offer something different if they want to gain a significant share of the market. This is the reason insurance products differ in pricing, coverage and terms.

It is the insurer’s fault for not knowing the conditions of my assets before providing coverage

Consumers need to be completely honest with their insurers. For example, questions regarding the age of a property and its conditions should be answered truthfully as it could affect claims in the future. While insurers do their own part to check the validity of the information provided to them, maintenance of a property remains solely as the client’s responsibility.

It should not be too difficult to find good insurance coverage these days. The market is teeming with competition, which means insurance providers will be fighting over your business. Insurance providers continue to step up their game by offering more choices to consumers. The same is true for the Australian government, who is putting up better efforts to protect consumers against fraudulent business practices. Taking all of these into consideration, there is no excuse for consumers not to know what they are getting themselves into when it comes to getting coverage.