The majority of retailers will never be able to accept Level 3 cards, however if you process in a B2B-heavy sector or if you accept a lot of government cards, having Level 3 data acceptance might dramatically lower your interchange costs. Level 3 interchange rates are frequently up to 1.00% less expensive than their normal counterparts!
However, you will need to enter a considerable quantity of data on each transaction in order to access Level 3 data. Additionally, only some gateways can handle Level 3 data. By using the B2B app with the MX Merchant interface, Bryte provides Level 3 functionality. All fields necessary for Level 2 as well as the following will be filled up automatically by the MX Merchant: