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Operations · Glossary

Level 2 data

Level 2 data is additional card-not-present transaction information (tax amount, customer code) that, when submitted, qualifies B2B and commercial card transactions for lower interchange rates. Savings typically run 0.50-0.80% per qualified transaction.

Why this matters to merchants

Level 2 datasits inside the broader system of U.S. payment processing economics that determine a merchant’s effective rate. Most operators encounter this term on their merchant statement without understanding what it controls, which is how the four hidden fees covered by our methodology slip past unnoticed.

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