How do Level 2/3 rates compare to Standard rates?

Level 2 and Level 3 data can provide significant rate reductions. Scroll down to see how much.

Level 2 and Level 3 processing can provide much lower rates, if you take a lot of business or government cards. How much lower, you ask? Well, that all depends on what kind of card you’re accepting! There are literally hundreds of different underlying interchange rates, and some of these rates are eligible for level 2/3 data, whereas some are not. We’ve populated a table below that will show the most common card types that are eligible for level 2/3 rate reductions, along with the associated rates for each level.

Visa Level 2/3 Rates

Underlying Card Type Standard Rate Level 2 Rate Level 3 Rate
Visa Business-2-Business 2.10% + $0.10/txn 2.05% + $0.10/txn 1.85% + $0.10/txn
Visa Business Retail 2.20% + $0.10/txn 2.05% + $0.10/txn 1.85% + $0.10/txn
Visa Business Card Not Present 2.25% + $0.10/txn 2.05% + $0.10/txn 1.85% + $0.10/txn
Visa Commercial Card Present 2.50% + $0.10/txn 2.05% + $0.10/txn 1.85% + $0.10/txn
Visa Commercial Card Not Present 2.65% + $0.10/txn 2.05% + $0.10/txn 1.85% + $0.10/txn

MasterCard Level 2/3 Rates

Underlying Card Type Standard Rate Level 2 Rate Level 3 Rate
MasterCard Data Rate 1 2.65% + $0.10/txn 2.00% + $0.10/txn 1.75% + $0.10/txn
MasterCard Data Rate 2 2.81% + $0.10/txn 2.16% + $0.10/txn 1.91% + $0.10/txn
MasterCard Data Rate 3 2.86% + $0.10/txn 2.21% + $0.10/txn 1.96% + $0.10/txn
MasterCard Data Rate 4 2.96% + $0.10/txn 2.31% + $0.10/txn 2.06% + $0.10/txn
MasterCard T&E Rate 1 2.50% + $0.10/txn 2.35% + $0.10/txn 2.30% + $0.10/txn
MasterCard T&E Rate 2 2.66% + $0.10/txn 2.51% + $0.10/txn 2.46% + $0.10/txn
MasterCard T&E Rate 3 2.71% + $0.10/txn 2.56% + $0.10/txn 2.51% + $0.10/txn
MasterCard T&E Rate 4 2.81% + $0.10/txn 2.66% + $0.10/txn 2.61% + $0.10/txn
MC Business Debit/PrePaid 2.65% + $0.10/txn 2.20% + $0.10/txn 1.80% + $0.10/txn
MC Business Debit Large Market 2.65% + $0.10/txn 2.50% + $0.10/txn 1.80% + $0.10/txn

Learn more about Level 2/3 Processing

We get it – level 2 and level 3 processing can get confusing. Click through the below links to learn more.

See sample transactions and rate examples
Read about Level 2/3 transactions

Learn about the NMI gateway and features