Level 2 Credit Card Processing Interchange Rates
If you accept business credit cards, you can qualify for better rates. Level 2 Credit Card Processing Interchange Rates lowers the interchange fees you pay to accept these cards.
Businesses are accustomed to paying higher fees for businesses cards, however there are steps you can take to receive lower pricing.
Level 2 data is additional information attached to a credit card transaction string that provides more information about that sale.
Visa and MasterCard allow business cards to qualify for Level 2 Credit Card Processing Interchange Rates Only if, level 2 detail is included with the transaction.
Unfortunately, many businesses do not properly pass along enhanced data to qualify for level 2 interchange rates.
The chart below shows the updated level 2 processing rates both Visa and MasterCard.
If you have any questions about Level 2 Credit Card Processing Interchange Rates or the benefits it can provide your company, give us a call 888 790 3450
| Apr 2020 | Apr 2020 | |||||||||
| Visa Interchange | Visa Interchange Category | % Rate | + | Per Item | Visa Interchange Category | MPS SHORT DESCRIPTION | % Rate | + | Per Item | |
| B2B B1 | V Comm Bus 2 Bus – Bus Tier 1 | Eliminated | V Comm Level II – Bus Tier 1 | LVL2 B1 | 1.90% | + | $0.10 | |||
| COM RET C | Commercial Card Retail – Corporate | 2.50% | + | $0.10 | Corporate Card Level II Data Rate | US CORP L2 | 2.50% | + | $0.10 | |
| COM RET P | Commercial Card Retail – Purchasing | 2.50% | + | $0.10 | Purchasing Card Level II Data Rate | USCOMML2 P | 2.50% | + | $0.10 | |
| COMM CNP C | Corporate Card – Card Not Present | 2.70% | + | $0.10 | Corporate Card Level II Data Rate | US CORP L2 | 2.50% | + | $0.10 | |
| COMM CP B1 | V Comm CP – Bus Tier 1 | 1.90% | + | $0.10 | V Comm Level II – Bus Tier 1 | LVL2 B1 | 1.90% | + | $0.10 | |
| COMMCNP B1 | V Comm CNP – Bus Tier 1 | 2.65% | + | $0.10 | V Comm Level II – Bus Tier 1 | LVL2 B1 | 1.90% | + | $0.10 | |
| COMM CNP P | Purchasing Card – Card Not Present | 2.70% | + | $0.10 | Purchasing Card Level II Data Rate | USCOMML2 P | 2.50% | + | $0.10 | |
| B2B B2 | V Comm Bus 2 Bus – Bus Tier 2 | Eliminated | V Comm Level II – Bus Tier 2 | LVL2 B2 | 2.05% | + | $0.10 | |||
| COMM CP B2 | V Comm CP – Bus Tier 2 | 2.05% | + | $0.10 | V Comm Level II – Bus Tier 2 | LVL2 B2 | 2.05% | + | $0.10 | |
| COMMCNP B2 | V Comm CNP – Bus Tier 2 | 2.80% | + | $0.10 | V Comm Level II – Bus Tier 2 | LVL2 B2 | 2.05% | + | $0.10 | |
| B2B B3 | V Comm Bus 2 Bus – Bus Tier 3 | Eliminated | V Comm Level II – Bus Tier 3 | LVL2 B3 | 2.10% | + | $0.10 | |||
| COMM CP B3 | V Comm CP – Bus Tier 3 | 2.10% | + | $0.10 | V Comm Level II – Bus Tier 3 | LVL2 B3 | 2.10% | + | $0.10 | |
| COMMCNP B3 | V Comm CNP – Bus Tier 3 | 2.85% | + | $0.10 | V Comm Level II – Bus Tier 3 | LVL2 B3 | 2.10% | + | $0.10 | |
| COMMCNP B4 | Commercial CNP – Bus Tier 4 | 2.95% | + | $0.10 | Commercial Level II – Bus Tier 4 | LVL2 B4 | 2.20% | + | $0.10 | |
| COMM CP B4 | Commercial CP – Bus Tier 4 | 2.20% | + | $0.10 | Commercial Level II – Bus Tier 4 | LVL2 B4 | 2.20% | + | $0.10 | |
| B2B B4 | Commercial B2B – Bus Tier 4 | Eliminated | Commercial Level II – Bus Tier 4 | LVL2 B4 | 2.20% | + | $0.10 | |||
| COMMCNP B5 | COMMERCIAL CNP – BUS TIER 5 | 3.00% | + | $0.10 | COMMERCIAL LEVEL II – BUS TIER 5 | LVL2 B5 | 2.25% | + | $0.10 | |
| COMMCP B5 | COMMERCIAL CP – BUS TIER 5 | 2.25% | + | $0.10 | COMMERCIAL LEVEL II – BUS TIER 5 | LVL2 B5 | 2.25% | + | $0.10 | |
| Interchange Level | Current Interchange Category | Level II Processing Interchange Category | ||||||||
| Apr 2020 | Apr 2020 | |||||||||
| MasterCard Interchange | MasterCard Interchange Category | % Rate | + | Per Item | MasterCard Interchange Category | MPS SHORT DESCRIPTION | % Rate | + | Per Item | |
| C DATA I | Corporate Data Rate I – Corporate | 2.70% | + | $0.10 | Corporate Data Rate II – Corporate | CDATA II C | 2.50% | + | $0.10 | |
| C DATA I B | Corporate Data Rate I – Business | 2.65% | + | $0.10 | Corp Data Rate II – Business | CDATA II B | 1.90% | + | $0.10 | |
| C DATA I P | Corporate Data Rate I – Purchasing | 2.70% | + | $0.10 | Corp Data Rate II – Purchasing | CDATA II P | 2.50% | + | $0.10 | |
| C DATA I F | Corporate Data Rate I – Fleet | 2.70% | + | $0.10 | Corp Data Rate II – Fleet | CDATA II F | 2.50% | + | $0.10 | |
| DATAI B2 | Business Data Rate I Spend 2 | 2.80% | + | $0.10 | Business Data Rate II Spend 2 | DATA2 B2 | 2.05% | + | $0.10 | |
| DATAI B3 | Business Data Rate I Spend 3 | 2.85% | + | $0.10 | Business Data Rate II Spend 3 | DATA2 B3 | 2.10% | + | $0.10 | |
| DATAI B4 | Business Data Rate I Spend 4 | 2.95% | + | $0.10 | Business Data Rate II Spend 4 | DATA2 B4 | 2.20% | + | $0.10 | |
| DATA1 B5 | MC DATA RATE I B5 | 3.00% | + | $0.10 | MC DATA RATE II B5 | DATA2 B5 | 2.25% | + | $0.10 | |
| MWBCOMDAT1 | World Business Data Rate I | 2.65% | + | $0.10 | World Business Data Rate II | MWBCOMDAT2 | 1.90% | + | $0.10 | |
| WEBCOMDAT1 | World Elite Business Data Rate I | 2.65% | + | $0.10 | World Elite Business Data Rate II | WEBCOMDAT2 | 1.90% | + | $0.10 | |
| DATA I BD | Business Data Rate I Debit | 2.65% | + | $0.10 | Business Data Rate II Debit | DATA II BD | 2.10% | + | $0.10 | |
| DATA 1 BPP | MC DATA RATE I BUSINESS PREPAID | 2.65% | + | $0.10 | MC DATA RATE II BUSINESS PREPAID | DATA2 BPP | 2.65% | + | $0.10 | |