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Interchange costs are one of the most significant costs to credit card processing. When it comes to B2B and government transactions, getting a transaction approved at Level 2 and Level 3 interchange rates will help reduce your credit card processing fees. These reduced rates can be attained by satisfying given data demands, which results in lower transaction costs for businesses. In this blog post, we will discuss level 2 and level 3 interchange rates, how to take advantage of it and lower your processing fees
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