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The Power of Level 2 and Level 3 Data!

 

Level 2 and Level 3 Data Reduce Processing Fees up to 1.05%

We automatically pass Level 2 and Level 3 processing data on every transaction, lowering processing costs by up to 1.05%.  A win-win for manufacturers, wholesalers, distributors or any business selling to other businesses or the government. Enjoy the benefit of the technology without any additional work. 

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How Level 2 and Level 3 payment processing works

Level 2 and 3 optimization

Click the chart to view the significant reduction in pricing through Interchange Optimization

Business card optimization

Level 2 and Level 3  data is 18 data points, providing Visa and MasterCard additional information about a transaction, thereby reducing the risk of a dispute.  Based on the lower risk profile, the cost for business card, purchasing card or corporate credit card transactions is lowered by .90% to 1.05%.

Here is an example of the savings available:

If your business were to process $50,000 in Visa Corporate Card Transactions, the savings on that one line item would be $525.

Our technology, including  the CardPointe Virtual Terminal, our desktop terminal and mobile solution will automatically pass the 18 data points, combining efficiency with savings.   Our solution is perfect for Business to Business (B2B) and Business to Government (B2G) merchants.

Example #2 of savings with Level 2 and Level 3 payment processing data

Here is a cost comparison done for an independent distributor. Under Gateway Fees & CardConnect Interchange Optimization you will see a line item with the description CardConnect Level II and Level III Optimization.

In this instance, Clarity was able to offer the business very competitive pricing and a yearly savings in excess of $60,000 based purely on the strength of our optimization and automatically passing through Level 2 and Level 3 payment processing data. In this example, over 88% of the savings was due to optimization.

Level 2 and Level 3 payment processing data chart

Click the chart to view the significant reduction in pricing through Interchange Optimization

Updating your processing, not your workflow

At Clarity we understand that due to the detail required by the Card Brands, business owners can not be expected to enter in all the required Level 2 or Level 3 information even on one transaction, as other companies expect. For that reason we have taken that responsibility out of the hands of business owners and take care of it on the back end. Now that is powerful, not needing to change how you process and being able to lower your fees by up to 1.10%.