About data levels

What is Level 3The standard financial data captured for a payment card transaction plus line item detail descriptions for the goods/services provided with individual VAT amounts. data?

There are 3 principal levels of information for a payment transaction

• Level 1The standard financial data captured for a credit or debit card transaction (standard): the standard financial data captured for a credit or debit card transaction
• Level 2The standard financial data captured for a payment card transaction plus a customer reference code and summarised VAT total. (summary VAT): Level 1 plus a customer reference code and summarised VAT total.
• Level 3 (line item detail): Level 2The standard financial data captured for a payment card transaction plus a customer reference code and summarised VAT total. plus line item detail (LIDSpecialist supplementary data specific to a particular organization that is captured and delivered outside of the standard Level 1-3 banking data. ITS is able to provide detailed management information reports that complement this elevated level of service.) descriptions for the goods or services provided with individual VAT amounts.

Additional data types available

• VGISSimilar to Level 3 data, VGIS is the Visa equivalent of LID and additionally captures buyer and referencing information for a Visa purchasing card. (Visa Global Invoicing Specification): the Visa equivalent of line item detail and additionally captures buyer and referencing information for a Visa purchasing cardPurchasing cards are issued to employees to make purchases on behalf of their organization. The benefit of purchasing cards over other payment cards is that they allow additional transaction information to be sent through to the banks electronically. This removes the need for purchase orders and invoices, thereby saving both the supplier and the purchaser time and money.
• Level 4Specialist supplementary data specific to a particular organization that is captured and delivered outside of the standard Level 1-3 banking data. ITS is able to provide detailed management information reports that complement this elevated level of service. (bespoke): specialist supplementary data specific to a particular organization that is captured and delivered outside of the standard Level 1-3 banking data.

Typical information captured for each data level