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POSitive Processing Blog 

Enter the Gateway to Ease and Savings
Friday, September 28, 2018

The Gateway to Easy use Payment Processing is Here

The days of complex payment gateways are behind us. This summer, OMEGA Processing Solutions rolled out a new payment gateway option with PayTrace. Along with PayTrace’s extensive list of products and features, PayTrace’s biggest marketplace advantage is the ease and lower cost of Level II and Level III qualifications for B2B and B2G merchants – saving you money.

What is PayTrace?

PayTraceSimply put, PayTrace is a payment gateway providing comprehensive, easy-to-use payment processing solutions to your OMEGA account. PayTrace’s products and features include:
  • Point of Sale: Simple payment processing that allows you to accept payments with or without a card.
  • Mail and Phone (MOTO): Card-not-present processing with secure customer storage vault, B2B interchangePayTrace2 savings and other features.
  • E-commerce: Secure website integration and card processing with B2B interchange savings and developer-friendly APIs.
  • Mobile PayTrace GO: 2-in-1 mobile solution allows swiped and keyed sales transactions with full virtual terminal functionality
  • Cash Advance: Web-based cash advance systems for financial institutions, eliminating the need for expensive, countertop terminals.
Knowing all businesses have different needs, PayTrace has four product offerings – Basic, Pro, Pro with EMV, and Cash Advance. Each product enjoys the same five-star support from OMEGA Processing Solutions and PayTrace.

Level II and III Interchange Savings

The most important advantage PayTrace offers the marketplace is the interchange savings with Level II and III data.

Interchange Refresh

When it comes to qualifying for lower interchange fees, the general rule of thumb is “the more information, the better.” Nowhere is this more true than B2B and B2G transactions. By including additional data, these transactions can qualify for lower interchange rates. The problem is, the higher the level, the more data required (tax amount, customer code, merchant postal code, tax identification information and much more).

PayTrace’s Solution

PayTrace improves and simplifies the Level II and III interchange qualification process, making it simpler to qualify for interchange savings. The platform identifies which transactions from adding Level II and III data, intelligently calculating, and pre-populating fields. Common interchange reductions are around 0.50% lower than typical sales for Level II while Level III interchange rates are often 0.80-1.00% lower than their standard counterparts. You can see a B2B merchant processing large orders would greatly benefit from data input!

How Does It Work?

The sophisticated platform is able to notify you in real time if a transaction may benefit from Level III data, eliminating the need to add information to transactions that would not benefit. PayTrace auto-fills your personalized default Visa and MasterCard templates, and highlights what might need to be added. You can view and configure any additional data to your pending settlements with ease, allowing for lower interchange rates and putting more money in your pocket. It works in tangent with your OMEGA merchant account to automatically qualify your cards at the lowest possible interchange rates.

Concerned Learning a New Gateway Will Be Difficult?

Don’t be! OMEGA’s Customer Service Team has been highly trained in helping our merchants get the most out of our products and services. We build the account to YOUR specifications, train your employees, and always follow up to make sure the full savings is being realized. Additionally, PayTrace has a considerable library of demonstration videos available for training and support. The company has also developed a PayTrace blog as a resource. The time and money you’ll save through their user-friendly platform and decreased interchange rates will be worth it.

Call OMEGA Processing Solutions at 866.888.9724 Ext. 7 for more information and a product demonstration.


*Level III Data not available on Basic option



  • B2B and E-Commerce Solutions
  • Data Security and Fraud Prevention
  • Just For Fun
  • Miscellaneous
  • Mobile Payments
  • OMEGA in the Community
  • OMEGA Merchants, News, and People
  • Payments Industry
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    • 09/19/2018 - Has Your Bottom Line Seen the
    • 09/18/2018 - Are Your Business Merchants’ S
    • 05/22/2018 - Interchange Explained
    • 04/11/2018 - What to Avoid When Searching f
    • 04/06/2018 - The Importance of Choosing You
    • 12/21/2017 - The Basics of Chargebacks
    • 11/20/2017 - What’s New With OptBlue?
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  • The OMEGA MPVs

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"When we were considering switching to OMEGA for our credit card processing, our Account Rep spent a lot of time explaining the savings we could expect and why. He explained how to read the monthly statements and what the process would be for switching. He answered all of my questions patiently and completely. The process could not have been easier."

Horton Family Dental
"I wanted to tell you what amazing sales and support team you have. I worked with Dennis and Becca and they are amazing! We really appreciate the service and follow up service we receive from both of them. As small business owners that personal touch means a lot. Again thank you for your team's great customer service before and after the sale."

Hoover Chiropractic Clinic
"I have found OMEGA to be a wonderful service for processing our credit card transactions. On the couple of times that I've had a question, I have called, and one of the customer service representatives have resolved it immediately. I've been very satisfied with the ease of use, customer service and the reasonable cost."

Maury White Law Offices
"OMEGA Processing's quick response and focus on service and cost effectiveness is outstanding. I would recommend OMEGA to any of my colleagues with a dental or medical practice."

John Strief, D.D.S.
"I was so impressed with Julianne from your Customer Service Department, with whom I worked this morning. She was patient, kind and knowledgeable. Really a huge help to me!"

Relogistics LLC
"What sets OMEGA Processing apart from other providers is SERVICE, SERVICE, SERVICE!!! I would absolutely recommend OMEGA to anyone. We have saved quite a bit of money and had the very best service possible."

Perfect Game USA
"We really appreciate OMEGA Processing's Online Merchant Portal. It's very easy to access and, most importantly, it's easy to understand. OMEGA's way of doing things is so much easier than our prior processor!"

Swain's Furniture
"Our representative has been excellent to work with. If I ever call, she either answers or calls me back just a couple of minutes later. She's saved me a ton of money, and the service is excellent."

"There have been a handful of occasions when I've called OMEGA Processing's customer service for assistance. Every time, and no matter who I have dealt with, the personnel and entire experience have been professional, helpful, knowledgeable and -- quite frankly -- enjoyable. This type of courtesy and service is rare in today's business world."

Woodland Cabins



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