Level 2 & 3 Processing – globalinstantmerchants.com

Credit Card Level 2 & 3 Data Processing

Qualify for lower interchange rates, significantly reduce fees, and gain deeper transaction insights with Level 2 & 3 data processing offered by Global Instant Merchants.

Key Features & Benefits

Industry-Leading Security

24/7 Technical Support

Fast Integration Process

Competitive Pricing

Scalable Solutions

Compliance Ready

Maximize Savings and Insights with Global Instant Merchants' Level 2 & 3 Data Processing

Every credit card transaction is categorized as a Level 1, Level 2, or Level 3 transaction, with the level increasing based on the volume of card data passed to the card networks. The higher the level, the more detailed information is required to successfully complete the transaction. Level 2 & 3 data processing is essential for businesses engaged primarily in B2B (Business-to-Business) credit card transactions. Our advanced solutions, provided by Global Instant Merchants, offer numerous benefits:

Qualify for lower interchange rates and reduce processing fees
Automate the capture and submission of detailed transaction data
Enhance reconciliation and expense management processes
Gain deeper insights into business spending patterns
Improve compliance with tax and auditing requirements

Get Started Today!

Launch Level 2 & 3 Payment Processing with Global Instant Merchants

Setting Up Your Merchant Account in Four Easy Steps

Complete an online application

Begin with our straightforward online application to initiate your service setup.

Submit Necessary Documentation

Provide essential documents to support your merchant account application efficiently.

Work with Our Underwriting Team

Our experts at Global Instant Merchants will guide you smoothly through the underwriting process.

Start Processing Payments

Begin accepting Level 2 and Level 3 transactions seamlessly, focusing on cost savings and growing your revenue.

Why Choose Global Instant Merchants for Level 2 & 3 Data Processing?

In the world of B2B transactions, Level 2 & 3 data processing is crucial for optimizing costs and improving operational efficiency. At Global Instant Merchants, we offer advanced solutions that streamline the capture and processing of this valuable transaction data. In addition to our robust Level 2 and Level 3 data processing, we also provide comprehensive credit card processing solutions with competitive, low transaction costs. Get seamlessly set up with both data processing and merchant account solutions. We’ll provide a dedicated merchant account, a secure payment gateway, and tailored credit card processing solutions.

How Level 2 & 3 Data Processing Benefits Your Business

Our Level 2 & 3 data processing services help you qualify for lower interchange rates, reduce processing fees, and gain deeper insights into your business transactions. By automating the collection and submission of detailed transaction data, we enable you to maximize savings, improve reconciliation processes, and enhance overall financial management.

Complete Merchant Services

Global Instant Merchants delivers comprehensive merchant services designed for businesses of all sizes. With over two decades of experience, we provide complete payment processing solutions that help merchants grow. Our platform serves over 50,000 merchants across all industries.

Why Choose Global Instant Merchants for Your Merchant Services?

As a leading merchant services provider, Global Instant Merchants combines industry expertise with reliable solutions. Our merchant services include dedicated accounts, comprehensive tools, and complete support. We ensure your business has everything needed to process payments and manage transactions effectively.

Level 2 & 3 Data Processing Services

Enhanced Data Capture

Automated Level 2 & 3 data collection
Customizable data fields
Integration with existing systems
Real-time data validation
Support for multiple data formats
Secure data transmission

Cost Reduction

Lower interchange rates qualified
Reduced processing fees achieved
Optimized B2B transaction costs
Improved cash flow management
Enhanced reconciliation process
Streamlined expense tracking

Reporting & Analytics

Detailed transaction reports provided
Customizable dashboards for insights
Spend analysis tools for optimization
Compliance monitoring supported
Transaction trend identification
Performance benchmarking capabilities

Understanding Credit Card Level 2 Data Requirements

Level 1 processing has basic requirements, including only the merchant name, card number, billing zip code, purchase amount, and date. However, the associated fees for Level 1 are notably higher. Level 2 data typically qualifies merchants for lower processing and interchange rates, and this level of data submission is usually required for B2B (Business-to-Business) companies. While Level 2 data requirements can vary slightly between card networks, it often includes:

Level 2 data processing, seamlessly handled by Global Instant Merchants, is key for B2B companies, especially those processing high transaction volumes. It makes transactions more secure and provides access to valuable rate discounts.

Understanding Credit Card Level 3 Additional Reporting Data

Level 3 data requirements encompass all Level 2 requirements but demand even more detailed, granular information about the transaction. Submitting this comprehensive data often qualifies merchants for the lowest available interchange costs, although specific requirements may vary between card networks. The vast majority of Level 3 data processing is typically handled by large corporations and required for transactions made using corporate or government purchasing cards. Most card networks will require details such as:

Product description
Destination zip code
Invoice and/or order number
Item ID and description
Order number
Item quantity and description
Unit of measure

If you are a B2B company, it is crucial to partner with a payment processing company, such as Global Instant Merchants, that provides seamless Level 2 and Level 3 data requirements processing. This is the key to ensuring your company obtains the maximum possible lower interchange fees.