Level 2 & 3 Data, Business & Corporate Credit Card Processing
If your company typically deals with business, corporate or government GSA purchasing cards (known as p-cards or purchase cards) you can benefit from lower credit card processing fees for Visa & MasterCard transactions by submitting Level 2 or Level 3 data.
Level 2 Data Credit Card Processing
To have your transaction qualify for Level 2 pricing, you must use a certified product that collects and submit data properly to Visa/MasterCard.Required Data to Qualify for Level 2
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Standard Info - credit card number & exp, billing address, zip code and invoice number.
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Customer Code - no longer required but encouraged to submit it.
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Sales Tax - an amount must be submitted separately from the total transaction amount.
Products Supporting Level 2 Data
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Internet Gateway - such as Authorize.net
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Computer Software - such as PC Charge
Level 3 Data Credit Card Processing
To have your transactions qualify for Level 3 pricing, you must first use a certified product that collects and submits the data properly to Visa/MasterCard.
Required Data to Qualify for Level 3:
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Standard Info - credit card number & exp, billing address, zip code and invoice number.
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Customer Code - no longer required but encouraged to submit it.
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Sales Tax - An amount must be submitted separately from the total transaction amount.
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Freight Amount - if unavailable, enter $0.00
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Duty Amount - if unavailable, enter $0.00
Line Item Detail - Product/Service ID (item ID, Product/Service Description, Quantity, Item Amount (like $100), Unit of Measure.
This information is used to create the customer's credit card statement as it breaks down everything for easy reporting and accounting.
