Card issuers see Level II and III transactions as more secure, legitimate, and less likely to be contested. Because of this, they’re willing to offer discounts in return for the security. Essentially, the higher the level, the more data points, and, ultimately, the better the savings on interchange rates.
Chargent can deliver savings and improved security with support for Level II and Level III data. Using many of our payment gateway integrations, you can send high-level data points to your payment provider. With Chargent, some Level II / Level III data is likely already stored in Salesforce.
- Discount Amount
- Destination Zip Code
- Item Product Code
- Item Description
In addition, the flexibility of Salesforce gives you access to automation tools such as Flow, allowing you to auto-fill information in many Level II and Level III fields. This simplifies the process of sending enhanced data and unlocking favorable interchange rates.
Learn more about Level II and Level III transactions in this blog post.