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Posts Tagged ‘ line item detail’

Level 3 Credit Card Processing

Submitting Level 3 line item detail substantially reduces interchange rates on Purchasing, Corporate, Commercial, Fleet, Business (MasterCard) and Government credit cards. Processing Level 3 data requires more sophisticated payment technology able to process the additional line item requirements. Stand alone terminals and most payment gateways do not support Level 3 Processing. What is Level 3 processing?…

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Level-3 Transaction Data

Point of Sale & Transaction Data Technical Information The following information is provided for informational purposes only to provide technical background information on the Point of Sale & Transactional Data initiative to vendors. What is Level-3 Transaction Data? Level-3 “transactional” Data: is an “electronic invoice” with line-item details. It defines “what” is being purchased, “’how” the…

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