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.
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.
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
Mail and Phone
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
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
MasterCard does not distinguish B2B merchants the same way Visa does
MasterCard 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. If you don’t, the “standard rate monster” will be knocking at your door.Interchange Optimization | Best Rates | Awesome Rates | Better Rates | Less Optimal Rates |
MC BUSINESS DEBIT CARD | N/A | 2.10% + $0.10 | 2.65% + $0.10 | 2.95% + $0.10 |
MC BUSINESS LVL 1 CARD | N/A | 1.90% + $0.10 | 2.65% + $0.10 | 2.95% + $0.10 |
MC BUSINESS LVL 2 CARD | N/A | 2.05% + $0.10 | 2.80% + $0.10 | 3.10% + $0.10 |
MC BUSINESS LVL 3 CARD | N/A | 2.10% + $0.10 | 2.85% + $0.10 | 3.15% + $0.10 |
MC BUSINESS LVL 4 CARD | N/A | 2.10% + $0.10 | 2.95% + $0.10 | 3.25% + $0.10 |
Large Market Credit | 1.90% + $0.10 | 2.50% + $0.10 | 2.70% + $0.10 | 2.95% + $0.10 |
Commercial Prepaid | N/A | 2.65% + $0.10 | 2.65% + $0.10 | 2.95% + $0.10 |
Large Ticket | 1.45% + $35.00 | N/A | N/A | N/A |
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 II and Level III rates, which are even lower than regular B2B rates.What’s required? | Level 3 Data | Level 2 Data Tax > $0 | B2B MCC Tax = $0 | Swipe Tax = $0 | Key-in Tax = $0 | No Tax | No AVS No Tax |
Interchange Optimization | Best Rates | Awesome Rates | Great Rates | Better Rates | Good Rates | Optimal | Least Optimal |
VISA COMMERCIAL PREPAID CARD | N/A | N/A | N/A | 2.15% + $0.10 | 2.65% + $0.10 | 2.65% + $0.10 | 2.95% + $0.10 |
VISA CORPORATE / PURCHASING CARD | 1.90% + $0.10 | 2.50% + $0.10 | N/A | 2.50% + $0.10 | 2.70% + $0.10 | 2.95% + $0.10 | 2.95% + $0.10 |
VISA BUSINESS TIER 1 CARD | N/A | 2.05% + $0.10 | 2.10% + $0.10 | 2.20% + $0.10 | 2.25% + $0.10 | 2.40% + $0.10 | 2.95% + $0.20 |
VISA BUSINESS TIER 2 CARD | N/A | 2.05% + $0.10 | 2.25% + $0.10 | 2.30% + $0.10 | 2.45% + $0.15 | 2.75% + $0.15 | 2.95% + $0.20 |
VISA BUSINESS TIER 3 CARD | N/A | 2.05% + $0.10 | 2.40% + $0.10 | 2.40% + $0.10 | 2.60% + $0.20 | 2.85% + $0.20 | 2.95% + $0.20 |
VISA BUSINESS TIER 4 CARD | N/A | 2.20% + $0.10 | 2.50% + $0.10 | 2.50% + $0.10 | 2.70% + $0.20 | 2.95% + $0.20 | 2.95% + $0.25 |