Interchange Optimization for B2B Transactions
If your business does B2B transactions, then you should be using Level II and Level III Optimization which will lower the interchange rate on MasterCard and Visa qualified B2B transactions which will save you money.
Normally to receive these savings you need to provide extra information about the transaction (i.e. order number, ship & destination postal code, invoice number, item description, commodity code, quantity, etc.).
When you enter the credit card number, KC Payment optimization knows that it is a qualified B2B transaction and automatically inserts information into the system to optimize the transaction to receive the best rates. That can lower your interchange rates and be a savings of up to .90%.