Level 2 & 3 Data Credit Card Processing (Level II & III)

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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 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

$199 One-Time Setup Fee
$30 a month
$0.15 per transaction fee (as low as $0.015)

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.

The Interchange Fees Below Include Dues & Assessments! (D&A)

Visa Interchange Rates & Qualification Chart
Interchange	Business Card Corporate Card	Corporate Purchasing	GSA Purchasing
Level 3 (A) 1.7925% & $0.10	Not Eligible	- Level 2 & 3 Submitted - Sales tax may = 0 - 24 Hr Settlement	Not Eligible
Level 2 (B) 1.9925% & $0.10	- Corporate cards only - Sales tax > 0 - Level 2 Submitted - 24 Hr Settlement	Not Eligible	Not Eligible
Level 2 (C) 2.0925% & $0.10	- 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 (D) 1.0425% & $35.00	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 (E) 1.4425% & $0.00	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. (F) 2.2925% & $0.10	Next Best Rate	Next Best Rate	Next Best Rate

The Interchange Fees Below Include Dues & Assessments! (D&A)

MC Interchange Rates & Qualification Chart
Interchange	Business Card Corporate Card	Corporate Purchasing
Level 3 (G) 1.845% & $0.00	- 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 (H) 2.145% & $0.00	- Sales tax may = 0 - Business or corporate cards - 24 Hr Settlement	- Sales tax may = 0 - Purchasing cards - 24 Hr Settlement
Large Ticket (I) 1.295% & $40.00	- Sales tax may = 0 - Business or corporate cards - 24 Hr Settlement	- Sales tax may = 0 - Purchasing cards - 24 Hr Settlement
Face-to-Face (J) 2.145% & $0.00	- 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 (K) 2.745% & $0.10	Next Best Rate	Next Best Rate

All information is kept completely confidential

* Indicates Required Field

Company Name:
Your Full Name: *
Mailing Address:
City, State & Zip:	,
Business Email Address: (double check for accuracy)
Phone Number (where you can best be reached): *	- -
Web Site URL (if applicable):
What is the best time to reach you?:
How did you learn about Gotmerchant.com?:
Expected total monthly credit card charges (ex: $5,000):	$.00
Expected average credit card charge (ex: $50):	$.00
Do you currently accept credit cards?:	Yes No
How is the owner's personal credit?:
Describe What You Sell / Have any Questions or Comments?:

Security Code (to help prevent fake form submissions): *	Security Code: Please Type In: