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As far as I know, payment providers generally don't have access to the itemized bill for the services or goods purchased, only the total charge, date/time, and
by zevyoura 14y ago
As far as I know, payment providers generally don't have access to the itemized bill for the services or goods purchased, only the total charge, date/time, and the name of the merchant.
- rdl 14y agoIt depends a little on the type of purchase. And, with Square, they're providing the POS (or deep POS integration) which makes it easier to get visibility into products. I believe credit card companies almost all get deep info when purchasing plane tickets. There may be other categories. Even just knowing main bill vs. tip (which you could easily determine from preauth vs. final amount, if restaurants preauth for the billed amount only, which I think some card associations or acquirers mandate) works as a first approximation -- if I tip 25+%, I probably liked the product or service. There's also the "purchasing card" market, where itemized invoices (level 2 or 3) get sent to the issuer and then to the responsible party.