LEVEL 3 CREDIT CARD PROCESSING   Credit card processing fits into three different levels: Level 1, Level 2, and Level 3. As you go up levels, your business is required to add more information in order to process a transaction. Typically, most businesses can stay at Level 1, however, depending on the type of cards…

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What Is Level 3 Processing The use of Commercial credit cards, like Purchasing, GSA, Business, or Corporate cards, has become more and more common as corporations and government agencies replace paper purchase orders with electronic payments. Submitting Level 3 processing Card Data with these purchases maximizes interchange savings. Level 3 processing Payment Technology is designed…

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Credit card processing methods fit into three levels: Level 1, Level 2, and Level-3. Each level is defined by how much information is needed to complete a payment, with Level 1 requiring the least for payment authorization. What is Level 3? A characteristic of the MasterCard and Visa credit card interchange structure for purchases using…

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