Business, Corporate & Govt. | Interchange Plus Pricing
Gross Deposits | Business Cash Advance

Level 2 & 3 Data & Business & Corporate Credit Card Processing

Does your company typically deal with business, corporate or government GSA purchasing cards (known as p-cards or purchase cards)? If so, you can benefit from lower credit card processing fees for Visa & MasterCard transactions by submitting Level 2 or Level 3 data (Level II / Level III).

Level 2 Data Credit Card Processing (level II)

To have your transactions qualify for level 2 pricing, you must use a certified product that collects and submits the data properly to Visa/MC.

Required Data to Qualify for Level 2:

Standard Info - credit card number & exp, billing address, zip code & invoice number.
Customer Code - no longer required, but encouraged if they have it.
Sales Tax - an amount must be submitted separately from the total transaction amount.

Products Supporting Level 2 Data

Internet Gateway - such as Authorize.net (our recommendation)
Computer Software - such as PC Charge

Level 3 Data Credit Card Processing (level III)

To have your transactions qualify for level 3 pricing, you must use a certified product that collects and submits the data properly to Visa/MC.

Required Data to Qualify for Level 3:

Standard Info - credit card number & exp, billing address, zip code & invoice number.
Customer Code - no longer required, but encouraged if they have it.
Sales Tax - an amount must be submitted separately from the total transaction amount.
Freight Amount - If unavailable, enter $0.00
Duty Amount - If unavailable, enter $0.00
Line Item Details:
1. Product / Service ID (item ID)
2. Product / Service Description
3. Quantity
4. Item Amount (like $100)
5. Unit of Measure

This information is used to create the customer's credit card statement as it breaks everything down for easy reporting and accounting. For a complete list of line item details, go here

Products Supporting Level 3 Data

$195 One-Time Setup Fee
$20 a month
133 FREE transactions per month, then $0.15 each

What is Gotmerchant.com's Offer (level 2 & level 3)?

The rates listed below are actual Visa/MasterCard Interchange cost and include dues & assessments, which is what V/MC receives. Visa's is 0.0925% and MC's is 0.095%.

The pricing program we are offering is Interchange Plus. You will receive the actual Interchange cost listed below plus a set markup for our services and the liability we assume for giving you the unsecured merchant account. The transaction fee you will incur includes our processor's cost.

Visa Interchange Rates & Qualification Chart
Interchange	Business Card Corporate Card	Corporate Purchasing	GSA Purchasing
Level 3	Not Eligible	- Level 2 & 3 Submitted - Sales tax may = 0 - 24 Hr Settlement	Not Eligible
Level 2	- Corporate cards only - Sales tax > 0 - Level 2 Submitted - 24 Hr Settlement	Not Eligible	Not Eligible
Level 2	- Business cards only - Sales tax > 0 - Level 2 Submitted - 24 Hr Settlement	- Corporate purchasing cards only - Sales tax > 0 - Level 2 Submitted - 24 Hr Settlement	- Sales tax > 0 - Level 2 Submitted - 24 Hr Settlement
GSA Large Ticket	Not Eligible	Not Eligible	- BIN Range: 471600-471699; 448600-448699 - Transaction Amt between $5,000 - $11,666.67 - Sales tax may = 0 - Level 2 & 3 Submitted - 24 Hr Settlement
GSA Large Ticket	Not Eligible	Not Eligible	- BIN Range: 471600-471699; 448600-448699 - Transaction > $11,666.67 - Sales tax may = 0 - Level 2 & 3 Submitted - 24 Hr Settlement
Commercial Card Elect.	Next Best Rate	Next Best Rate	Next Best Rate

MC Interchange Rates & Qualification Chart
Interchange	Business Card Corporate Card	Corporate Purchasing
Level 3	- Sales tax may = 0 - 24 Hr Settlement - Level 3 Submitted: Product Code Item Description Item Quantity Item Unit of Measure Extended Item Amount Debit or Credit Indicator	- Sales tax may = 0 - 24 Hr Settlement - Level 3 Submitted: Product Code Item Description Item Quantity Item Unit of Measure Extended Item Amount Debit or Credit Indicator
Level 2	- Sales tax may = 0 - Business or corporate cards - 24 Hr Settlement	- Sales tax may = 0 - Purchasing cards - 24 Hr Settlement
Large Ticket	- Sales tax may = 0 - Business or corporate cards - 24 Hr Settlement	- Sales tax may = 0 - Purchasing cards - 24 Hr Settlement
Face-to-Face	- Card swiped - Sales tax may = 0 - Business or corporate cards - 24 Hr Settlement	- Card swiped - Sales tax may = 0 - Purchasing cards - 24 Hr Settlement
Data Rate I	Next Best Rate	Next Best Rate