Hmm, that is an interesting development indeed. It sounds like the DBS Yuu card in Singapore might be using level 3 data capabilities to enable users to view a detailed breakdown of their purchases.
This means merchants would send additional data with each transaction, such as purchase order number, item description and taxes. On standard credit cards ,theses added details are not captured thereby allowing card issuers to take a small portion (perhaph under 2%) or sometimes none of the rebates negotiated between merchants and acquirers.
However for anyone receiving offers of very generous financial reward programs or rebate plans must be aware what they trade: unless acquirer willing to qualify for lowest fares by submitting rate negotiation in accordance with merchant setup and from level three prompt approval checkbox agreement.
While having transaction detail provided easily will ease auditing expenses by up-to more than75%, it could equally be used indefensible recognition over individual's spending pattern due t remote recorda share human tend just click without gathering enough information about unfavorable demand shifts. Ultimately people got weigh privacy implications relative profit gains drawn result trades between excangement rates on subjective convenient gauge basis!