Amplify your B2B transactions to new heights with PPP (Pay Pros Payments). Discover the power of advanced data requirements and unlock the potential for substantial cost savings. Partner with us and redefine the efficiency and profitability of your B2B payment processes.
The Breakdown of Level 1, 2, and 3 Processing:
Processing (Level 1 Card Data):
Most businesses, particularly those in the Business to Consumer (B2C) realm, fall under Level 1 processing. Think of retail shops, e-tailers, restaurants, and other consumer-centric establishments. Minimal data requirements, including merchant name, transaction code, and transaction date. Ideal for majority consumer credit card transactions.
Processing (Level 2 Card Data):
Tailored for merchants dealing with business, corporate, and purchasing cards. Requires additional information compared to Level 1, such as merchant zip code, customer code, sales tax, and more. Ideal for B2B transactions that demand a higher level of data granularity.
Processing (Level 3 Card Data):
Reserved for merchants engaged in transactions with commercial cards and government cards from businesses and government agencies (B2G). Demands the most extensive data requirements, including line item details like invoice number, order number, freight amount, in addition to Level 2 data. Offers the most favorable rates for merchants, making it a strategic choice for those willing to provide comprehensive transaction details.
Benefits of Level 2 and 3 Processing with PPP:
- Cost Savings: Significantly reduce payment acceptance costs by embracing the advanced data requirements of Level 2 and 3 processing.
- Optimized Rates: Achieve the best possible rates by meeting the enhanced information criteria demanded by Level 3 processing.
- Combine the tailored solutions of PPP (Pay Pros Payments) with the innovative auto-population features of PayTrace.net, and redefine the way you approach B2B transactions. Partner with us to seamlessly integrate these advanced capabilities into your payment processes, ensuring a heightened level of efficiency and accuracy.