Government Agencies Prefer Level 3 Data
Government agencies are being directed to take into consideration whether a vendor can provide Level 3 Data when selecting a supplier.
The most recent example of this is the PoST Pilot Program for 51V Schedule Contracts.
In this program, participating vendors are required to provide Level 3 Data on all transactions processed on the GSA SmartPay Card.
A bill currently in Senate committee called The Government Charge Card Abuse Prevention Act would require government agencies to put in place new safeguards and controls on government charge cards. Level III line-item detail offers a ready-made solution to meet these potential new requirements. Requiring Level 3 Data would help ensure that GSA Cards are being used only for authorized government purchases.
Submitting Level 3 Data not only lowers processing costs, it puts contractors in a more competitive position for winning government contracts.
Please call 1-800-758-1002 or contact us to learn more about Level 3 payment gateways, merchant accounts, Level III Data Rate credit card processing, and registering for Large Ticket Interchange Rates.