Level 2 Processing in Interchange Fee Optimization

Level 2 Processing, a vital component of Interchange Fee Optimization, involves providing additional data beyond basic transaction information, typically for B2B transactions. This data includes details such as customer codes and tax amounts, enabling businesses to qualify for lower interchange rates, thereby reducing costs. GiaPay offers a robust Level 2 Processing solution, empowering businesses to optimize their interchange fees and enhance their bottom line.

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Emagia is a leading provider of AI-powered Order-to-Cash (O2C) automation platform that modernizes finance operations for midsize to large global businesses. Many global businesses and shared service centers use Emagia’s Enterprise Receivables Management System to transform to digital world-class operations in credit, invoicing and payments, receivables, collections, deductions, cash application and cash forecasting. Emagia solutions improve their customers DSO, cash flow, credit risk, operational cost, compliance and profitability.

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