Level 3 Payment Gateway

level 3 credit card processing

Level 3 payment processing is something of a secret to some merchants. Level 3 processing can’t be utilized by just any company, nor can it be provided by any payment processor–but, merchants who use a level 3 payment gateway or online shopping cart plugin can save a substantial amount of money on their corporate credit card transactions.

You might wonder why you aren’t using a level 3 payment gateway now.  For one, level 3 is specific to B2B transactions, as you’ll have the option to enter additional line item detail about your customers’ credit card payments for better record keeping.  When Visa and MasterCard obtain that extra data, they deem the transaction it came from much less likely to be fraudulent than a transaction that only includes a name, a date, and a charge amount.

Credit card processing levels are divided up into three different categories: level 1, level 2, and level 3. As you satisfy different level requirements by providing additional transaction information in either your accounting system or a standalone payment gateway, you pay less to accept those transactions.

How do you achieve level 3 credit card processing?

Here’s how the different processing levels break down.  The following chart shows the requirements to achieve level 1, level 2, and level 3 processing.  Note that all items marked with a check must be provided to obtain the lower costs for each processing level.  (There are no transactions that don’t satisfy level 1 requirements, as cards can’t be accepted for payment without this minimal information.)

level 3 credit card processing

Century’s Level 3 payment gateway

We have developed our payment gateway, eBizCharge, to pass level 3 data specifically to satisfy merchants who accept a good volume of corporate- and business-type credit cards, who want to take advantage of lower transaction costs available to them.  In addition to providing level 3 processing data, Century provides eBizCharge users with these exclusive benefits:

Take advantage of our level 3 gateway today

If you run a B2B company and accept a good deal of corporate credit cards, business credit cards, or even GSA purchasing cards for payment, you have the potential to lower your costs substantially with Century Business Solutions.  Use the form to your right to contact us, and we’ll show you how much you can reduce your spending on payment processing.

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