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Level I, Level II, Level III Data

Friday, April 20, 2007
Some of the buzzwords in the merchant account business seems to be Level I, Level II, and Level III data.  Even though this information has been around for quite some time, April is the big month for card association changes.  And some of the changes affected the regulations on how this data is processed.  But exactly what is this data?

Level I Data

Level I data includes: which is not prompted by the terminal.  The merchant will need to enter the purchase amount which also includes sales tax. 

Level II Data

Level II Data includes: This information will automatically programmed into your terminal and you should not need to enter it.  The merchant will then need to enter: Your terminal should prompt you to enter the above information for all Level II transactions.

Level III Data

Level III Data includes: This information will automatically programmed into your terminal and you should not need to enter it.  The merchant will then need to enter: Your terminal should prompt you to enter the above information for all Level III transactions.

Enhanced Data

With Level II and Level III data, some merchants can require even more specific data depending on their category.  Some examples are: This data might be be passed back to the consumer if the merchant has not made the investment of such terminals.  Merchants are only likely to pass this data if their is a demand for it.  Merchants who have made the necessary changes to their systems will be capable of passing this enhanced data through their card systems.  

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Comments

Chandler said...

What about commodity codes on L3 P Card?


What about addressing Interchange qualification related to purchase card...the different cats, the different fields required to hit each of those cats, the special registration with Visa on some of those cats.


What about non card-present invoice numbers, without which, the transactions will never qualify for L2 or L3 as all extended data products must qualify first and formost for CNP.


This is a big bag of worms that needs adequate documentation.

4/27/2007

Aamir said...

Corey,


 


I found your posting on the definition of level 1, 2 and 3 data to be very interesting. I am investigating a new business venture where capturing line item information (level 3 info) from fast food chains and restaurants would be vital to the projects success.


 


We have been thinking about issuing interested consumers prepaid debit/credit cards they can refill online and use for purchases at restaurants. I am curious as to your feedback on how we can obtain this level 3 data on what specifically they ordered and report it back to them through a website.


 


Any suggestions?

6/13/2007

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