What is Level 3 Credit Card Processing and How to Get It | Quick Tips
✅ Level three processing refers to a tier of interchange fees that offer discounts to certain types of credit cards when additional transaction details are provided. These details, like invoice numbers, descriptions, or customer IDs, help reduce transaction risk and can significantly lower credit card processing costs, especially for businesses in the B2B sector dealing with large corporations, governments, or the military.
💳 Not all cards qualify for level three processing, but for those that do, it can reduce fees by up to 1%. Some software automatically inputs the necessary data, while others rely on manual entry or integration with accounting or ERP systems. To maximize savings, it's important to work with a processor experienced in level three processing.
Other helpful content:
➡️ What is Level 3 Processing?
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➡️ Interchange Plus vs Tiered Pricing: Which Should I Choose?
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