ACPA Quarter 2 2019

www.acpa.org Quarter 2, 2019 25 O P E R A T I N G V I R T U A L T E R M I N A L S A Brief Explanation of Data Levels Level I B2C (business-to-consumer) transactions. This is the lowest data level, and therefore requires the smallest amount of data and offers the least savings. Qualifying a transaction at this level only requires 3 items of data. Level II Designed for B2B (business-to-business) transactions, as it offers more security and allows restrictions on business credit cards. Qualifying a transaction at this level requires five additional items of data. Level III Designed for B2B transactions. Entering Level III data requires gathering extra information for each transaction but qualifies for the most savings. Qualifying a transaction at this level requires 19 additional items of data. more. Manually entering Level II/III data isn’t a practical solution. A virtual terminal custom-tailored for B2B/ B2G transactions will automatically capture the required data, allowing you to quickly and easily qualify transactions at Level II and Level III. That means paying the lowest interchange rates possible. So, even if you don’t have time to increase your bottom line by reducing your costs on credit card processing, a virtual terminal can do it for you. About BASYS Processing BASYS Processing, an ACPAmember company, is a payment processing organization focused on providing world-class service and innovative pay- ment solutions. BASYS specializes in reducing your processing costs and growing your business. To learnmore about how BASYS helps members of the ACPA, please visit basyspro.com . * PCI, or the PCI Security Standards Council is a global forum for the industry to come together to develop, enhance, disseminate and assist with the understanding of security standards for payment account security. PCI is comprised of the five founding members – AMEX, Discover, JCB International, MasterCard and Visa, according to the PCI website.