Level 2 Data

Level 2 data in credit card processing encompasses additional transactional information that goes beyond the basic requirements typically necessary for consumer card transactions. This enhanced level of data is particularly relevant and beneficial for business-to-business (B2B) transactions using commercial credit cards. By providing this extra data, merchants can qualify for reduced processing fees, making Level 2 processing economically advantageous for businesses that regularly handle commercial transactions.

Implementing Level 2 data requires merchants to have payment systems capable of capturing and transmitting this additional information. This often means upgrading POS systems or working closely with payment processors that support Level 2 data capabilities. For merchants dealing primarily in B2B transactions, investing in the capability to process Level 2 data can lead to substantial savings on processing costs and improve overall business operations through better financial analytics and reporting.