What Data Is Required For Level 2 and Level 3 Processing?

On average, Business to Business (B2B) and Business to Government (B2G) companies can save over 1% in interchange costs by processing with Level 2 and 3 data. If your business processes transactions with government or corporate cards, additional data fields are required to submit payments at lower interchange rates.

Level 2 requirements

In order to qualify for Level 2 data processing, these data fields need to be inputted with each transaction

1. Standard Credit Card Information
2. Merchant Name
3. Sales Tax
4. Customer Code or Invoice Number

Level 3 requirements

In order to process at Level 3, you’ll be required to input an additional amount of information on each transaction.

1. Standard Credit Card Information
2. Merchant Name
3. Merchant State Code
4. Sales Tax
5. Customer Code or Invoice Number
6. Shipping Amount
7. Duty Amount
8. Line Item Details:
   • Product / Service ID (item id)
   • Product/ Service Description
   • Quantity
   • Item Amount
   • Unit of Measure

Level 2 and Level 3 payment processing was explained in a previous blog post. Check it out here. For a complimentary statement analysis or more information on Level 2 and Level 3 payment processing, call us at 866-519-1018 or visit our Industry Processing page