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:
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:
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%
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.
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:
We provide the tools to master the e-commerce space.
Now merchants can accept
transactions ON THE GO and manage those transactions in the office.
Let’s work together to reach your goals. We are here to help you and your business. Contact us using the button below.
