The Answer for B2B and B2G Merchants is Interchange Optimization​

Interchange Optimization

Many business to business (B2B) and business to government (B2G) merchants today are leaving money on the table, but don’t realize it. Although merchant account fees are a part of doing business, our gateway helps reduce those fees significantly on most transactions. Merchants and most processors primarily focus on the more obvious tip of the iceberg rate in hopes to achieve the best deal out there. Although that does help, the more significant savings are made in the interchange rates.

What Is Interchange?

Interchange is a rate and fee charged by the credit card issuing banks to cover the cost of handling and risk involved in bank credit or debit card transactions. Visa, MC, Amex and Discover sets those rates. Interchange is always present behind the scenes in every single transaction made, no matter what card brand, processor or merchant. Every time a transaction is processed, it’s routed to an interchange “category” that has a rate and fee assigned. There are hundreds of interchange categories.

There are over 300 levels of interchange with rates as high as 3.25% Many factors determine the cost of interchange, including benefits given to the card holder and perceived risk.
Interchange Optimization

How This Works?

While each interchange level has a set rate pre-determined by the card brands, many transactions are eligible to qualify at lower-cost tiers. This is where Level 2 and Level 3 data come in. B2B and B2G merchants can save up to 1.15% on transactions when properly using Level 2 and Level 3 data.

Most merchants collect Level 1 data, which includes the minimum information required to authorize and process a transaction. Less data collected increases mitigation risk for fraud, which is why Level 1 data carries the higher fees.

On our platform, B2B and B2G merchants qualify for the best interchange rates on every transaction. This is achieved by optimizing interchange qualifications by collecting additional information to reduce the risk associated with each transaction. Our gateway knows which cards qualify for Level 2 and 3 interchange savings. This enables us to deliver the opportunity for much lower merchant processing fees. Large ticket transactions frequently benefit from this interchange optimization.

Our unique gateway populates all this required data for you to qualify your transactions for the best savings. We turn hours of work into seconds; saving you time and money.

For example, the following company cards demonstrate the number of basis points deducted from the original Non-Qualified interchange rate for Card-Not-Present merchants. As you can see, these savings can be substantial.

VISA COMMERCIAL PREPAID: 0.80%
VISA CORPORATE PURCHASING CARD: 1.05%
VISA BUSINESS TIER 1 CARD: 0.90%
VISA BUSINESS TIER 2 CARD: 0.90%
VISA BUSINESS TIER 3 CARD: 0.90%
VISA CORPORATE TIER4 CARD: 0.75%

VISA COMMERCIAL PREPAID:
VISA CORPORATE PURCHASING CARD:
VISA BUSINESS TIER 1 CARD:
VISA BUSINESS TIER 2 CARD:
VISA BUSINESS TIER 3 CARD:
VISA CORPORATE TIER4 CARD:

0.80%
1.05%
0.90%
0.90%
0.90%
0.75%

MC BUSINESS DEBIT CARD: 0.85%
MC BUSINESS LVL 1 CARD: 1.05%
MC BUSINESS LVL 2 CARD: 1.05%
MC BUSINESS LVL 3 CARD: 1.05%
MC BUSINESS LVL 4 CARD: 1.15%
LARGE MARKET CREDIT: 1.05%
COMMERCIAL PREPAID: 0.30%

MC BUSINESS DEBIT CARD:
MC BUSINESS LVL 1 CARD:
MC BUSINESS LVL 2 CARD:
MC BUSINESS LVL 3 CARD:
MC BUSINESS LVL 4 CARD:
LARGE MARKET CREDIT:
COMMERCIAL PREPAID:

0.85%
1.05%
1.05%
1.05%
1.15%
1.05%
0.30%

Visa requires less data upfront
  • Always submit AVS information and a PO number with your transactions. If you’re able to include a tax value greater than $0, you’ll qualify for Level 2 and Level 3 rates, which are even lower than regular B2B rates
MasterCard does not distinguish B2B merchants the same way Visa does
  • MC wants all the data. To qualify for the best data rates, make sure you input info into ALL PO fields and tax amounts greater than $0

Simple payment processing that allows you to accept payments with or without a card. Set up user level permissions based on job function. Log-in, process your transaction, and move to the next customer.

  • 5-star support
  • Interchange savings with Level II & III data
  • Multiple reporting options
  • Fraud prevention
  • Level I PCI compliant
  • Encrypted card readers
  • Receipt printers

You expect top-notch security. We also deliver customer profile storage in our PCI compliant database at no extra charge and provide the following services:

  • 5-star support
  • Interchange savings with Level II & III data
  • Secure customer storage vault
  • Payment cart/bill presentment
  • Invoice Emailing
  • Recurring billing
  • Level I PCI compliant
  • Fraud prevention
  • Multiple reporting options

We provide the tools to master the e-commerce space.

  • Shopping carts
  • Secure hosted solutions
  • Developer friendly APIs
  • Interchange savings with
  • Level II & III data
  • Fraud tools
  • Free tokenization
  • Level I PCI compliant

Now merchants can accept
transactions ON THE GO and manage those transactions in the office.

  • Full virtual terminal functionality
  • Swiped and keyed sales transactions
  • Web application with reporting
  • Email receipts
  • Add invoice numbers
  • Signature capture
  • Mobile encrypted card reader
  • Full virtual terminal functionality
  • Swiped and keyed sales transactions
  • Web application with reporting
  • Email receipts
  • Add invoice numbers
  • Signature capture
  • Mobile encrypted card reader

Industries

B2B Payments:

Manufacturing

Transactions for raw materials, equipment, and services between suppliers and manufacturers.

Wholesale & Distribution

Payments between wholesalers and retailers for bulk products and supplies.

Professional Services

Law firms, accounting firms, consultants, and other service providers dealing with business clients.

Construction & Engineering

Contractors, suppliers, and developers exchanging payments for projects, materials, and services.

Healthcare Supply Chain

Medical equipment suppliers, pharmaceutical companies, and healthcare providers.

IT & Software Providers

Payments for enterprise software, hardware, and tech support services.

Agriculture & Farming

Payments between agribusinesses for livestock, equipment, or seeds.

Energy & Utilities

Transactions between energy producers, suppliers, and large corporate consumers.

Logistics & Transportation

Payments between shippers, freight companies, and manufacturers.

Business Supplies & Equipment

Transactions for office supplies, machinery, and related services.

B2G Payments:

Defense Contractors

Payments for military equipment, services, and R&D.

Infrastructure & Public Works

Payments for construction, maintenance, and repair of public infrastructure like roads and bridges.

Healthcare Services

Payments for healthcare services provided to government entities, including Medicare and Medicaid.

Public Utilities

Transactions for energy and utility services provided to government facilities.

Education & Training

Payments for training, educational materials, and services provided to public schools, universities, or government agencies.

IT & Cybersecurity for Government

Payments for software, cybersecurity solutions, and IT infrastructure services.

Environmental Services

Contracts for waste management, environmental consulting, and compliance services.

Consulting & Research

Payments for research, analysis, and consulting services provided to governmental agencies.

Law Enforcement & Emergency Services

Transactions for equipment, vehicles, and technology used by police, fire departments, and other emergency services.

Public Administration & Governance

Payments for administrative software, tools, and professional services that support government operations.