In the world of transactions, every penny counts. Businesses often find themselves grappling with various expenses, and one cost that can add up quickly is the interchange fees associated with credit card processing. But what if we told you there's a game-changing solution that can help you cut down on these fees and maximize your profits? Enter automatic interchange optimization, a revolutionary technology transforming how businesses handle payments.
Decoding Interchange Rates
Before we delve into the solution, let's understand the problem. Interchange rates are the fees that businesses pay to credit card companies for processing transactions. These fees can vary significantly depending on the type of transaction and the data provided.
Level I Interchange: The baseline, often applied to standard consumer credit cards, comes with higher fees.
Level II Interchange: A step up, mainly for commercial or corporate credit cards. Providing additional transaction data can lead to lower fees.
Level III Interchange: The holy grail, reserved for B2B transactions. Detailed data submission can result in the lowest interchange rates, translating to significant cost savings.
The Automatic Advantage with Cygma - Powered by Electronic Payments
Imagine a system that takes the guesswork out of interchange optimization. Meet Cygma, the gateway that's changing the game for B2B businesses. What sets Cygma apart is its automatic interchange optimization feature, and what makes it even better is our partnership with Electronic Payments, an award-winning payment processor since 1998.
How It Works:
Seamless Data Inclusion: Cygma, Electronic Payments' in-house gateway, automatically includes the required Level II and Level III data at the terminal, eliminating the need for manual entry.
Immediate Savings: By qualifying for lower interchange rates, you start saving money with every B2B transaction.
Streamlined Processing: Say goodbye to cumbersome data entry processes. Cygma simplifies your payments, saving you time and resources.
Elevating B2B Payments with Top-Notch Technical Support
One standout feature of Cygma is the unparalleled technical support you receive through our partnership with Electronic Payments. With over two decades of experience in the industry, their expertise is second to none. When you partner with us, you gain local support plus you're tapping into a wealth of knowledge and support to ensure your payment processing runs seamlessly.
Compatible Hardware Required
It's important to note that automatic interchange optimization through Cygma is available on specific hardware. Don't hesitate to contact us to find out if your setup qualifies and get more details about hardware compatibility.
Your Path to Savings Starts Here
Ready to unlock savings and maximize your profits? It's time to take action.
Contact Evident Business Solutions
Reach out to us today for a free consultation.
Let's explore how automatic interchange optimization, powered by Cygma and supported by Electronic Payments, can benefit your B2B business.
Don't miss out on the opportunity to cut costs and elevate your payment processing.
In the competitive world of B2B transactions, every advantage counts. Automatic interchange optimization, powered by Cygma and backed by the expertise of Electronic Payments, is your key to reducing interchange fees, streamlining payments, and ultimately boosting your bottom line. Don't wait; start maximizing your profits today.