Level 2 & 3 Data (Enhanced Transaction Data)
Submitting detailed transaction data when accepting corporate or purchasing cards can unlock lower interchange fees. Level 2 and 3 data includes information such as purchase order numbers, tax amounts, and itemised line-level details - all of which are essential for qualifying for reduced B2B card processing costs. Not all processors share these savings with your business; only by being on the correct pricing models will you benefit fully.
Some customers insist on this level of information as it streamlines their internal processes. This means you are paid quickly and smoothly, and Purchase Orders are swiftly approved, speeding up sales.
Our solutions make it easy to submit this enhanced data automatically, improving reconciliation, client reporting, and cash flow. Whether invoicing clients, taking card-not-present payments, or processing large transactions, Level 2 and 3 data makes your business more efficient and cost-effective.
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Why Use Level 2 & 3 Data?
- Lower Fees: Qualify for reduced interchange rates on eligible B2B and corporate card payments.
- Better Reporting: Access more detailed transaction records for easier reconciliation and client transparency.
- Line-Item Detail: Easily pass tax, PO numbers, and full item breakdowns without manual entry.
- Seamless Integration: Works with various gateways and virtual terminals.
- Improved Client Trust: Transparent invoicing builds confidence and makes you easier to work with.
Make Every Transaction Work Harder for You
When it comes to B2B payments, the details matter. With Level 2 and 3 data, you’re not just saving on fees - you’re streamlining approvals, improving cash flow, and making life easier for your clients. Whether as a standalone solution or paired with tools like A2A payments or virtual terminals, enhanced transaction data can create powerful efficiencies and lasting value for your business. Let Payment Guru help you make the most of every sale.