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Posts Tagged ‘level 3 merchant services’

Processing Level-3 line item detail

Many merchants are under the assumption that just because they are sending level 3 transaction detail they are automatically getting level 3 interchange. I often talk to merchants who are unwilling to engage in a conversation and state ” I have level 3 processing and were good”

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Level-3 Interchange Rates

Level III Processing Interchange Category Savings Apr 2013 Visa Interchange Category MPS SHORT DESCRIPTION % Rate + Per Item % Savings PI Savings Purchasing Card Level III Data Rate COMM L3 P 1.95% + $0.10 0.10% $0.00 Purchasing Card Level III Data Rate COMM L3 P 1.95% + $0.10 0.45% $0.00 Purchasing Card Level III…

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What is Level 3 Processing

Level 3 or line item detail is information you would generally find on an invoice that is passed along with the payment transaction.

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