Each day merchants dedicate themselves to reducing their costs and offering their customers top level service, support and products.

If your business accepts Business to Business (B2B) or Business to Government (B2G) payments, including Purchasing Cards (P Cards), be sure that you are obtaining and passing the required data along to the card issuer.

By adding the Level II and Level III platform, you will be able to provide the line item detail necessary to qualify for reduced rates.

The data needed to qualify for a Level II and III transactions differ slightly.

 

To qualify for Level II Processing rates the following data is needed:

  1. Standard Information such as credit card number & expiration date, billing address, zip code & invoice number.
  2. Customer Code
  3. Sales Tax
  4. Merchant name
  5. Transaction amount
  6. Date
  7. Tax amount
  8. Customer code
  9. Merchant postal code
  10. Tax identification
  11. Merchant minority code
  12. Merchant state code

To qualify for Level III Processing rates the following data is needed:

  1. Standard Information – credit card number, expiration date, billing address, zip code and invoice number.
  2. Customer Code
  3. Sales Tax
  4. Freight Amount
  5. Duty Amount
  6. Line Item Details:
  7. Product / Service ID (item ID)
  8. Product / Service Description
  9. Quantity
  10. Item Amount
  11. Unit of Measure

Elite Payment Processing offers the technology for your business to seamlessly process Level II, Level III and P Cards to qualify for reduced rates.

Should you like to learn more about Level II, Level III and P Card Processing and how your business may be able to save substantially contact an Elite representative and speak with one of our specialists call 877-330-3313 or e-mail info@elitepaymentprocessing.com.

Elite Payment Processing provides integrated solutions to Storefront Retailers, Internet Retailers and Card Not Present merchants by offering payment interchange optimization, chargeback and risk management tools and fraud solutions that minimize risk, reduce cost and increase profitability.

 

Bryan Corp PhotoAbout the Author

Bryan Facterman
Founder and President
bryan@elitepaymentprocessing.com