LEVEL 3 PROCESSING
With level 3 processing, more data is passed to card networks (Visa and Mastercard). Businesses who process Level 3 transactions save money with lower interchange rates compared to Level 1 or Level 2 purchases. In addition, businesses receive detailed reporting that allows them to track transactions from inception to settlement. Reporting can also be customized with various different fields.
Businesses who offer Level 3 processing are able to tap into the (often large ticket) purchases of large corporations and government agencies by attracting customers who use Level 3 purchase cards. Payment Technologies Group passes the data, including customized fields for reporting purposes, back to your business which fosters relationships between merchants and their L3 buyers.
Contact Payment Technologies Group today to have a Level 3 processing solution customized for your business.