Posts Tagged ‘level III credit card processors’
Level 3 Credit Card Processing
Technology is key for money management and capturing and submitting level 2 and level 3 payment detail with commercial credit card transactions is key for your business to receive and qualify your commercial, corporate, fleet, business and government credit card transactions at the lowest interchange levels. Commercial cards have tiered interchange rates can…
+ Read MoreLevel-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…
+ Read MoreLevel 3 Transaction Reporting
MasterCard Federal Purchasing Card suppliers can better serve their customers by providing higher levels of transaction reporting with the most detailed data in the industry. MasterCard has defined three different levels of reporting information: Levels I, II and III. These levels, which are described below, represent the sophistication at which suppliers can process MasterCard Federal…
+ Read More