To support corporate clients that use cards like the MasterCard Purchasing Card, Level II or Level III sophistication is often a business necessity. Acquirers are able to assist you with software upgrade or systems integration to enable you to perform Level II or Level III transactions. There are substantial discount fee savings available for providing enhanced data. Up to 60 basis points per transaction savings can be realized for providing Level III data. Fees vary by acquirer and data capture level.
Fees vary by acquirer and data capture level.
The total discount fee the supplier pays is comprised of adding together the acquiring fee and the applicable interchange fee. An interchange fee is set by MasterCard annually. The merchant acquiring bank sets the acquiring fee for the credit card processing on behalf of the supplier. Factors considered in determining a supplier s acquiring fees include risk, average ticket, and number of transactions. The higher the average ticket, the more opportunity the supplier has to take advantage of economies of scale and negotiate lower processing fees.