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> As far as I know, if you use a credit card they only know the total of how much you spent Oh, no, no. They report so much more: Merchant name Purchase a
by moistly 4y ago
> As far as I know, if you use a credit card they only know the total of how much you spent
Oh, no, no. They report so much more:
Merchant name
Purchase amount
Date
Billing zip code
Sales tax amount
Tax indicator
Merchant postal code
Merchant tax ID
Invoice number
Order number
Customer code (if purchasing cards)
Item commodity code(s)
Item description(s) (SKU)
Unit price(s)
Quantity
Unit of measure
Extended price
Discount per line item and line item total
Debit or credit indicator
Discount amount
Shipping amount
Duty amount
https://www.heartland.us/resources/blog/what-to-know-about-level-3-credit-card-data https://www.heartland.us/resources/blog/what-to-know-about-l...
- throwaway4aday 4y agoThe information you linked doesn't seem to indicate that a grocery store would do this. > Level 3 credit card data involves large transactions that take place primarily with B2B or business-to-government (B2G). These transactions take place using corporate purchasing cards, which allow the companies or government agencies to monitor purchases and have access to detailed spending reports. Instead, it seems that level 1 would be what most businesses that sell to consumers would use > Level 1 data primarily refers to small business-to-consumer (B2C) transactions. This level only requires the following information for credit card transactions: Merchant name Purchase amount Date Billing zip code
- moistly 4y agoRight you are. I skimmed and misinterpreted.