Saves on Interchange Expense
Paymetric enables enterprises to qualify for the lowest possible interchange rates with Optimize. To be eligible for the lowest transaction processing rate, merchants must extract expanded Level II/III purchase data from enterprise payment acceptance systems and convert it into an appropriate format for the processor.
Optimize provides interchange optimization by enabling transmission of Level II/III data from any enterprise payment acceptance system to the merchant’s payment processor. Because card associations incentivize merchants for providing enhanced data, companies that provide Level II/III transaction details can achieve savings of up to 30 percent of interchange expense.
- Cloud-based, multi-tenant platform
- Enables interchange rate optimization
- Transmits Level II/III data
- Integrates with any enterprise payment acceptance system
Start Saving on Interchange Fees
Hear how Paymetric provides interchange optimization by enabling transmission of Level II/III data from any enterprise payment acceptance system to the merchant’s payment processor.
Qualify for the lowest possible interchange rate.
“We looked at a number of payment acceptance solutions, and at the end of the day, Paymetric rose to the top.”
Director, Strategic Projects