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Visa Level III Data Rate Question

In reading the "Street Smarts" article, "Taking It To The Next 'Level,'" (The Green Sheet, April 26, 2004, issue 04:04:02), I noticed that for Visa's Commercial Level III Data rate, it does not specify that this rate is strictly for non GSA Purchasing cards and would not apply for business or corporate cards. Could you please confirm if this is correct?

Robin Palmer
Heartland Payment Systems


We forwarded your question to Rick Ricker, Director of Operations of 3Delta Systems, Inc., a company specializing in Level III payment processing. The company's Web site is Editor

Ricker's answer is as follows:

This is a new Visa rate for all purchase cards. With GSA cards, if you have a "big ticket" transaction, i.e. over $5K, you will be in that rate bucket, which to-date only requires Level-II per the GSA contract. It works out that the big-ticket rate is nearly equivalent to the Level II rate for those GSA transactions from $5k to $8.5K.

Level III is required for corporate big ticket, the threshold of which is $10K and requires a $1000 1X sponsorship by the acquirer.

Level III for Visa is only for corporate (including government) purchase cards. MasterCard has a Level III qualification for business cards, but I don't know of any issuer that gets the data to the cardholder.

Rick Ricker
3Delta Systems, Inc.

Which ISOs Process with Which Processors?

I am working on a white paper and I need some information. In simple terms, I need a list of the top ten processors and the top 15 ISOs, and I need to know which ISO processes with which processor. Is there any information like this I can get? Can I buy it? Any help is greatly appreciated. Kindest regards,
Connie Festa
CEO, Americas
Welcome Real-time


To the best of my knowledge, a list like this doesn't exist. If you are able buy it somewhere, we'd love to share it! Our subscription database is proprietary; we do not sell or rent the names. We have published an annual acquiring report, highlighting the largest processors. This report is available on GS Online in the GSQ archive at .


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