Level 2 and Level 3 Detail Processing

Collect Powerful Data and Lower Your Processing Rates

One of the best paths to success for a B2B company is the ability to secure large, lucrative contracts with corporations or the government. At Infinity Data, we help businesses of any size improve access to prime contracts, while lowering their processing rates and collection costs, with advanced Level 2 and Level 3 detail credit card processing solutions.

What is Level 2 and Level 3 Processing?

A relatively new transaction system used by the U.S. government and large corporations, Level 2 and Level 3 card processing is a primary and favored method for business-to-business and business-to-government purchasing. Because both the government and large organizations already use this processing platform, they’re more likely to award contracts to B2B companies that can use this process to accept payments.

Level 2 versus Level 3: What’s the difference?

Both Level 2 and Level 3 transactions are typically authorized by the end user with what are called Purchasing Cards, or ‘P-Cards.’ The difference between these levels is the amount of information, or data, that is presented and captured at the point of sale (POS).

Level 3 transactions provide specific purchase information for each transaction. This data includes details such as item description, quantity, unit of measure, price sold, and sales tax information. In addition, each transaction captures detailed information from both the merchant and the cardholder.

While Level 2 transactions do not provide as much detail as Level 3, at this level the information captured is still more detailed than Level 1 transactions—which are typical consumer-level transactions that capture only cardholder data for the purposes of processing payments.

Why should your B2B company use Level 2 and Level 3 processing?

Large corporations and government departments already use these processing platforms in their business-to-business dealings. With Level 2 and Level 3 detail processing, your business can gain access to these lucrative opportunities and realize a rapid increase in revenues and profits.

In addition, Level 2 and Level 3 processing helps your business save money. The more information your payment processing system collects at the time of purchase, the lower the processing rate you’re charged per transaction.

Enhance your bottom line with Infinity Data

To learn more about our Level 3 credit card processing solutions, or to open an account with Infinity Data, please contact us online or call 1-866-746-8931.