Transactions which qualify as Level 1 and show on statement as L1 or Corporate Card L1 are business card transactions which did not qualify at the lowest rate due to missing or invalid information prompts when the sale was transacted. Prompts which were invalid or missing may include AVS (address verification), Sales Tax, P.O. number, or other fields left blank on a terminal or POS system.
« Back to Glossary Index
« Back to Glossary Index
