B2B and Enterprise Processing Solutions
BluePay offers business-to-business (B2B) and enterprise-level solutions that help corporations manage complex credit card processing and reporting needs. Our corporate card solutions allow you to offer your business and government clientele a variety of B2B and large ticket processing methods at low rates in the U.S. and Canada.
To help your business run smoothly, BluePay integrates our payment solutions seamlessly into your existing systems and processes. We work closely with you to make sure you get the right solutions for your business requirements — solutions that help you achieve your goals. Let BluePay provide the specialized solution to accept business and corporate card transactions, including the payment functionality required to accept Level 2 and 3 payments for your company.
- Optimize interchange costs by accepting Level 2 and Level 3 corporate cards
- Integrate Level 2 and Level 3 processing into your current accounting and business management software
- Rely on BluePay’s PCI-compliant technology to protect your sensitive data, your customers and your business
What are the Differences Between Levels 1, 2 and 3 Processing for your Business?
There are many different types of business, corporate and purchasing cards issued by the major card brands. In general, the more information you include on a transaction, the lower your interchange cost will be. The type of card your business customers choose to present for payment will determine the lowest interchange level available for that transaction. See below for explanations on the different levels.
Level 1 Processing
Level 1 processing typically applies to business-to-consumer (B2C) transactions in which consumers use personal credit cards to make purchases. The only data required for Level 1 is the merchant name, transaction amount and date.
Level 2 Processing
Level 2 is usually reserved for B2B clients. The primary benefit of Level 2 processing is control. Corporations can monitor and control corporate and employee spending by assigning project codes, limiting the type of purchases and setting predefined limits on spending. For example, a company might wish to restrict the number of transactions per card per month, the amount of each transaction or where the card is being used. In addition to the information required for Level 1 processing, Level 2 requires the tax amount, customer code, merchant postal code, tax identification, merchant minority code and merchant state code. This added information provides your business clientele with more accurate transaction reports, improving customer service.
What Is Level 3 Processing?
Level 3 offers even more detailed reporting for cardholders and lower processing fees for the merchant. Level 3 transactions are most often made with government or corporate purchasing cards. Businesses and government agencies use Level 3 cards to take advantage of the enhanced reporting and greater control over employee purchases. In addition to Level 2 data, Level 3 processing requires line item details such as freight amount, item description, item quantity and unit of measure, destination country code and more. Level 3 processing requires specialized software. Merchants accepting Level 3 transactions typically integrate their payments software into ERP or business management systems.
Need Help Determining the Right Processing Level for Your Business?
BluePay offers Level 1, Level 2 and Level 3 processing solutions, so no matter what type of customers you serve, we can help you with a customized solution that helps you qualify for the lowest interchange rates available. If you’re not sure which level is best for you, contact us today.