Let’s start out with a heads up: this is going to be a deep dive into business-to-business (B2B) and business-to-government (B2G) rates. If you’re new to payment processing, or need a refresher on Interchange, we suggest you start with our What is Interchange? FAQ. As a reminder: Interchange is a fee [...]
Visa and Mastercard have very particular rules about what is required in order to receive level 2/3 rates. The one requirement that typically causes the most frustration for merchants is a Tax Value. Per Visa/Mastercard’s rules, you are required to submit a tax value with your sale if you want to qualify [...]
What Industries are considered "B2B" by Visa?Visa is a bit different than Mastercard when it comes to applying special B2B rates. Although Mastercard doesn’t have special rates for the below merchants, Visa will offer rate reductions to the below merchant types, depending on what data you enter in. You’ll want [...]