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Posts Tagged ‘level III credit card processors’

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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Level 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…

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