Processing Interchanging Optimization

Any business can benefit from interchange optimization, but some industries are more likely to experience downgrades or get opportunities to lower target interchange. Business to business (B2B) companies, businesses that sell to the government, and any business that processes “card-not-present” transactions (such as ecommerce websites and those that key in card information) are particularly likely to have downgrades that can be corrected to result in lower costs.

The biggest optimization-related issue for businesses is the difficulty in examining their statements to identify card types that qualify for interchange optimization. CardConnect Goldcoast frequently reviews statements to confirm that the merchant is properly priced at cost. During this process, we often see an opportunity for optimization. Based on merchants’ processing histories, we are then able to provide lower interchange rates directly from the leading card companies.