Tags: business to business

How do I get the lowest B2B interchange rates?

Level 3

Visa/Mastercard set the underlying interchange rates for all credit card transactions. Those rates vary widely, based on a variety of factors beyond the type of card being presented. The type of card is important! But, many other things impact the underlying rate, such as the size of the sale, the time difference between the authorization/capture, data captured with the sale, and more. We’ll show you how to get the lowest rates!

Can I access reduced interchange rates if I don’t charge tax?

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 for the lowest rates.

Visa B2B Industries

Visa has a special rate category for merchants that are considered B2B. There are about 35 industries that are classified as B2B by Visa – read on to see which ones.