What is Level I Processing (1)?

Purchases made with personal credit cards issued from U.S. banks qualify as Level I (1) transactions.  This means that the only information the Merchant must pass to process the transaction is the Merchant’s name, transaction amount, and the date.

Electronic Merchant Systems Payment Processing Glossary :

Defining key payment processing and merchant services industry terms to help business owners make better decisions.

 

 

 

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