EDUCATION SERIES
How Data Can Save You
0.5% - 0.9% in Margin.
Visa and Mastercard have a special tier of rates for B2B and Government transactions. But you have to earn them.
The Hidden "Downgrades"
When you process a Corporate or Government card, the card brands (Visa/MC) expect specific data points to verify the legitimacy of the transaction.
Standard terminals and basic gateways strip this data out. Consequently, Visa "downgrades" the transaction to a higher risk tier, charging you the maximum possible rate.
What is Level 3 Data?
It requires passing line-item detail during the transaction, including:
• PO Number • Tax ID
• Unit of Measure • Commodity Code
• Discount Amount • Freight Amount
The Mile Two Solution
Our gateway automatically injects this data for you in the background. You don't do extra work; you just keep the extra margin.
Interchange Cost Comparison
Corporate Card Transaction
Potential Savings: 0.80% per transaction