Higher Standards Blog
What Are Level 3 Credit Card Transactions?
Credit card transactions are divided into three different types for the purposes of processing - level 1, 2 and 3. The types reflect the level of requirements needed before the transaction can be authorized, and depending on the level can be either quite cursory, or...
Understanding Level 3 Credit Card Transactions
There are three levels of specific credit card transactions which can occur. There are subtle differences between each level and what it means for both businesses and customers using them. Here is a look at what a level 3 credit card transaction is. Understanding The...