Level 2 and 3 Data is additional data which if collected at the point of sales reduces credit card rates significantly. Typically, this is as much as 1%.

Most businesses do not collect this data because it is not available or supplied by their customers or they do not have the proper software.

Zero Fee Commerce software passes on 100% of Level 2 and 3 data automatically.

What is Interchange Optimization?

Interchange Optimization is the reduction of Visa/Mastercard, Debit, Amex and Discover wholesale rates by way of auto-updating certain data on a transaction basis and as a part of the qualifications of the industry of the merchant account.