Learning Center
What is Level 2 and Level 3 processing?
Level 2 and Level 3 processing pass extra transaction data (like tax and line-item detail) on B2B and government card payments, which qualifies them for lower interchange rates. If you sell to businesses or government, it can meaningfully cut your costs.
When you accept corporate, purchasing, or government cards, the networks offer reduced interchange if you submit additional data — Level 2 adds tax and customer codes; Level 3 adds full line-item detail. Passing this data can lower your effective rate on qualifying B2B transactions.
Velocity configures Level 2/3 processing for business-to-business and government sellers so you capture those savings automatically.
Frequently asked
Businesses that sell to other businesses or to government, which use corporate and purchasing cards.
Once configured, the extra data is passed on qualifying transactions — we set that up for you.
It varies by card mix, but the interchange reduction on qualifying B2B cards can be significant.
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