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By submitting Level 2/3 data you can cut your Interchange rates on US domestic transactions by up to 90 basis points. At the same time, your shoppers will see additional information about their purchase on their credit card statement. For more information on which transactions are eligible, refer to Level 2/3 data qualification requirements.

Some businesses are not eligible by Visa and Mastercard to use the Level 2/3 data functionality. For more information, refer to Can my business submit Level 2/3 data?