Why are so many State Purchase Card (P/Card) purchases listed as General Transaction?
The description of the transaction may be based upon (1) what is reported to the payment card organization card company by the merchant; (2) the level of reporting capability authorized for a specific merchant; or, (3) the MCC code assigned to a merchant by a bank. Reporting capabilities assigned to a merchant may vary and each reporting level differs. Level I requires a merchant to report only basic information, i.e. total amount and date of purchase transaction. In addition to Level I information, Level II requires reporting of more merchant information, e.g. merchant telephone number and address; and, Level III also requires, a detailed description of the items purchased. The State is not involved with the assignment of reporting levels to a merchant by a payment card organization.
Related Questions
- Can the Indomaret Card be used in gas stations (SPBU) for fuel purchase transaction and can the GazCard be used in Indomaret?
- In which Indomaret stores will the Indomaret Card be accepted for purchase transaction as well as payment transaction?
- Is there a minimum purchase transaction when using the Indomaret Card?
