: Some advanced formats include "Level 3" data, which provides full line-item details of a purchase rather than just a total summary.
12 Innovative Use Cases for Credit Card Issuers | Zeta Ebook CreditCards.txt
: Structured transaction data can be analyzed by AI-powered systems to identify suspicious patterns in real-time, such as anomalies in transaction location or amount. : Some advanced formats include "Level 3" data,
: Includes the unique Transaction ID , Date , and Amount . : Typically includes the Cardholder Name and sometimes
: Typically includes the Cardholder Name and sometimes an anonymized or hashed Credit Card Number .
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: Captures the Merchant Description or name, often alongside a Merchant Category Code (MCC) which identifies the type of business (e.g., grocery, entertainment).