Unlock B2B Interchange Rates

Level 3 Data offers proven, cost-cutting solutions to small and medium businesses who accept corporate and purchasing cards. Take advantage of capturing Level 2 and 3 Data and unlock B2B interchange rates offered by issuing banks.

Lower Interchange Rates on
B2B Transactions


Turn-Key Solution


Available on Multiple
Gateways and Terminals


What Capturing Level 2 and 3 Data Means

Level II and III card data (also knows as Enhanced Data) is a set of additional information merchants and/or cardholders provide at the time of the transaction. This additional information poses a lower risk of chargebacks for the major card brands qualifying the transaction at a lower cost (B2B Interchange Rates) for the merchant.

 

There are three data levels to every credit card transaction: Level I, Level II, and Level III. The more information gathered, the higher the level. The higher the level, the lower the interchange is for that transaction.

 

For companies running Business to Consumer transactions, Level I Data is the most common level. For companies running B2B Transactions (Corporate and Purchasing Cards), hundreds, or even thousands, of dollars a month is being left on the table by not qualifying transactions at Level II and III data rates.

 

How it Works

At the time of sale, customer card and transaction data is passed through along with the authorization. This data is used to evaluate the transaction and assign the appropriate interchange rate only available for B2B transactions. Issuing banks categorize each transaction into one of three data levels, each determined by the amount of data collected at the time of sale. Collecting additional information qualifies each transaction for a higher data level tier drastically reducing the cost of merchant processing for businesses.

Level I Data (Standard Data)

Merchant Name Exp. Date
Purchase Amount Billing Zip

Level II Data

Level I Data Invoice Num.
Sales Tax Order Num.
Customer Code Tax Indicator

Level III Data

Level I & II Data Discount Amount
Produt Code Shipping Amount
Quantity SKU Description

Potential Savings

The true savings comes from the decreased cost of interchange charged by the major banks (Defined Here).

As seen in the comparison below, interchange can vary drastically based on the amount of information collected during the transaction.

Mastercard Interchange Rates

Card Type


Commercial
Corporate
Purchasing

Standard Rate


2.95% + $0.10
2.95% + $0.10
2.95% + $0.10

Level 2 Rate


2.10% + $0.10
2.50% + $0.10
2.50% + $0.10

Level 3 Rate


1.90% + $0.10
1.90% + $0.10

Visa Interchange Rates

Card Type


Business
Corporate
Purchasing

Standard Rate


2.95% + $0.20
2.95% + $0.10
2.95% + $0.10

Level 2 Rate


2.05% + $0.10
2.50% + $0.10
2.50% + $0.10

Level 3 Rate


1.90% + $0.10
1.90% + $0.10

Capture Level III with TWO Lines of Data!

B2BSuite

Collecting Level II and III Data Doesn't Have to be Hard

 

Level 3 Data empowers businesses who accept corporate transaction with a powerful B2B solution platform, a payments ecosystem that streamlines work-flows and effectively manages all aspects of running a business.

 

 

Traditional Processors Requires 8+ Lines of Data to Qualify for Level III.


Level 3 Data Only Requires 2 with the
Power of MX Suite!

Asset 4

Save on Corporate Card Transactions by Collecting Level 2 and 3 Data with TWO LINES OF DATA.

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B2B Experts who KNOW how to identify unnecessary expenses and implement cost-saving solutions.

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Secure Card Vaulting and peace-of-mind with free ControlScan services and breach protection.

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Bundled Solutions that Businesses Need like Mobile Payments, ACH Transactions, and Online Invoicing.


Find Out Your Potential Savings

Contact Level 3 Data below to speak to a consultant.