Skip to content
Revolution Payments
  • About Us
  • Level 3 Processing
  • Markets
    • B2B Credit Card Processing
    • Fuel Oil & Propane Payment Processing
    • Grocery Store Processing
    • Pay at the Pump Credit Card Processing
    • Utility Payment Processing
    • Hospitality Payments
    • Truck And Auto Dealers Card Processing Solutions
    • Trade Associations
    • Large Ticket Credit Card Processing
  • Solutions
    • Clover
    • TransArmor Solution
    • Merchant Cash Advance
    • Insightics
    • E-Commerce
    • ACH
  • Insights
  • Contact Us
Free Rate Quote    CALL: 888-790-3450
Revolution Payments
  • About Us
  • Level 3 Processing
  • Markets
    • B2B Credit Card Processing
    • Fuel Oil & Propane Payment Processing
    • Grocery Store Processing
    • Pay at the Pump Credit Card Processing
    • Utility Payment Processing
    • Hospitality Payments
    • Truck And Auto Dealers Card Processing Solutions
    • Trade Associations
    • Large Ticket Credit Card Processing
  • Solutions
    • Clover
    • TransArmor Solution
    • Merchant Cash Advance
    • Insightics
    • E-Commerce
    • ACH
  • Insights
  • Contact Us

Level 3 Data Requirements

October 17, 2013

A sample of Level 3 Data requirements are listed below. This information needs to be passed along with the payment transaction to qualify for Level-3 Interchange.

Examples

Level I and II data elements plusItem description

Item quantity

Item unit of measure

Item total

Item commodity codeItem product code

Item unit cost

Item VAT tax amount/rate

 

Level-3 is the highest level of data capture. The Level-3 transactional detail is line item detail that describes the components  that make up a sale.This captured data is reported back on the originating companies bank statement.  Level 3 allows organizations to better track spending on company credit cards. Visa and MasterCard have different rates for Business-2-Business and Business-2-Government transactions when Level 3 data is provided.

Level-3 requires specific technology to capture the level 3 data requirements. Many gateways and All Stand Alone Terminals Do NOT Capture Level-3 Data.

To receive the lower interchange rates for Level 3 its recommended working with an experienced B2B and B2G payment processor specialists like Revolution Payment Systems to set up your level 3 merchant account.

For questions or a Free consultation call us at 888 790 3450 or email [email protected]

Share this post!
Posted in B2B Merchant Account, Level 3 processing and tagged Capturing Level 3 payment data, level 3 data requirements, level 3 merchant providers, level 3 payment solutions, level III payment technology
← Commercial and Government Credit Card Transactions are less expensive If your processing Level 3 dataLevel 3 Transaction Reporting →

Search

Recent Posts

  • Issuing Ghost Cards
  • Accept Payments With Xero
  • Winning Government Contracts
  • Purchasing – Card Not Present
  • Level 3 Processing Data : What It Is and How to Qualify for  level 3 interchange rates-Revolution Payments

Categories

  • ACH
  • B2B Merchant Account
  • Billing Solutions
  • Cash Advance
  • Commercial Product Large Ticket
  • Emerging Market
  • Fraud Protection
  • GSA Smart Cards
  • High Ticket Interchange
  • Insightics Solution
  • Interchange
  • Interchange Optimization
  • Large Ticket Interchange
  • Level 2 Processing
  • Level 3 processing
  • Level III Processing
  • NetSuite
  • Oil/Propane
  • pay at the pump
  • Salesforce
  • Uncategorized
  • Utility Merchant Account
  • zero cost processing

Contact Us

Call: 1-888-790-3450

About Us

At Revolution Payment Systems, our entire focus is on delivering reliable and secure payment solutions to help businesses succeed in an increasingly complex global marketplace.

+ Learn More

Merchant Solutions

+ ACH
+ Clover Solutions
+ E-Commerce Solutions
+ Insightics
+ Merchant Cash Advance
+ TransArmor Solutions

Connect With Us

Toll Free: 1-(888) 790-3450

Hours: Mon-Fri 9am -5pm

Click Here to Contact Us

Revolution Payments is a registered Independent Sales Organization of Wells Fargo Bank, N.A., Concord, CA. American Express requires separate approval.
www.revolution-payments.com Revolution Payment Systems is an Elavon Payments Partner & Registered ISO/MSP of Elavon, GA

© Revolution Payments | Privacy Policy | Toronto Web Design By Silentblast
Scroll To Top