Visa interchange shift prioritizes Level 3 data

Visa's Commercial Enhanced Data Program (CEDP) has officially transitioned away from its Level 2 interchange program, implementing a new system that exclusively rewards high-quality, verifiable Level 3 data. This strategic shift significantly impacts business-to-business (B2B) payments, which are increasingly generating vast amounts of data. Businesses that can provide this enhanced data will be better positioned to benefit from Visa's updated incentive structures, while those lacking such capabilities may face challenges in optimizing their payment processes and potentially missing out on crucial financial advantages.