When you accept corporate or purchasing cards, you’re probably not getting the savings you deserve. That’s where Infintech’s Level 3 and Large Ticket processing solutions come in. We make it simple – and you’ll instantly see an impact on your bottom line.

Why Pass Level 3 Data?

Credit card networks (Visa and Mastercard) give the lowest rates to companies that provide additional line-item detail on certain business and corporate card transactions. This additional information is passed to these card networks, which is why you are rewarded with reduced interchange rates.

If you don't pass Level 3 detail – regardless of your service provider – you're charged a higher interchange rate.

Additionally, if you ever process transactions over a certain dollar amount, the card networks have specific Large Ticket interchange qualifications that reduce processing fees.

How to Get Level 3 Savings

To receive Level 3 savings, you need to use a payment solution that can capture and submit the required data to Visa and Mastercard.

Example: How Much Can Level 3 Processing Save You?

You Accept $100,000 Yearly in Business Cards

Network cost
-- without --
Level 3 data

$

Rate 2.7%


Network cost
-- with --
Level 3 data

$

Rate 1.9%


 

Your savings
-- with --
Level 3 data

$

Your rate drops by 0.8%


 

Example: How Much Can Large Ticket Save You?

You Accept a Single $100,000 Transaction

Network cost
-- without --
Large Ticket data

$

Rate 2.7%


Network cost
-- with --
Large Ticket data

$

Rate 1.4%


 

Your savings
-- with --
Large Ticket data

$

Your rate drops by 1.3%


 

Which Level Is Right For You?

LEVEL 1
LEVEL 2
LEVEL 3
LARGE TICKET
LEVEL 1
Data ElementLevel 1
Merchant Name
Transaction Amount (total)
Transaction Date
LEVEL 2
Data ElementLevel 1Level 2
Merchant Name
Transaction Amount (total)
Transaction Date
Tax Amount
Customer Code
Merchant Postal Code
Tax Identification
Merchant Minority Code
Merchant State Code
LEVEL 3
Data ElementLevel 1Level 2Level 3
Merchant Name
Transaction Amount (total)
Transaction Date
Tax Amount
Customer Code
Merchant Postal Code
Tax Identification
Merchant Minority Code
Merchant State Code
Ship From Postal Code
Destination Postal Code
Invoice Number
Order Number
Item Product Code
Item Commodity Code
Item Description
Item Quantity
Item Unit of Measure
Item Extended Amount
Freight Amount
Duty Amount
Transaction Amount: Less than $7,500
LARGE TICKET

Data ElementLevel 1Level 2Level 3Large Ticket
Merchant Name
Transaction Amount (total)
Transaction Date
Tax Amount
Customer Code
Merchant Postal Code
Tax Identification
Merchant Minority Code
Merchant State Code
Ship From Postal Code
Destination Postal Code
Invoice Number
Order Number
Item Product Code
Item Commodity Code
Item Description
Item Quantity
Item Unity of Measure
Item Extended Amount
Freight Amount
Duty Amount
Transaction Amount: Less than $7,500
Transaction Amount: More than $7,500

Interested in Learning More? Contact Us Today.

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