From PDF upload to dollar-precise leakage analysis in under 60 seconds. Here's exactly what happens when you upload your merchant statement.
Your merchant statement is the monthly document your payment processor sends showing your fee breakdown, interchange categories, and volume. It's usually found in your processor's online portal under "Statements" or "Reports."
What we accept: Any merchant statement PDF from any major processor - Chase Paymentech, Elavon, TSYS, First Data, Worldpay, Stripe, Square, and more. Statements vary in format, but our AI is trained to handle all major layouts.
Our AI reads your statement and extracts every interchange category listed - each card type (Visa Commercial, Mastercard Business, etc.) with the rate you were charged and the volume processed at that category.
Then it compares each category against the current Level 3 / CEDP rate schedule to determine what you should have paid if your processor was submitting the proper data fields.
You get a shareable dashboard showing the exact dollar amount you're overpaying annually, broken down by each interchange category. Share it with your CFO, board, or payment consultant.
The free Leakage Report shows you the size of the problem. The Optimization Blueprint ($2,500) gives you the exact gateway configuration settings and implementation steps to fix it.
When your customer pays with a commercial credit card - a Visa Corporate card, Mastercard Purchasing card, or Amex Business card - the card network charges an "interchange fee" to your processor, which passes it to you.
Interchange rates have tiers based on how much transaction data is submitted. The more data, the lower the rate - because the card networks see detailed transactions as lower fraud risk.
| Data Level | Required Fields | Typical Rate Range | Status (2026) |
|---|---|---|---|
| Standard Commercial | Basic card data only | 2.65% - 3.10% | Default for most merchants |
| Level 2 | + Tax amount, customer code | 2.25% - 2.65% | Sunset by Visa Jan 2026 |
| Level 3 / CEDP | + Line items, PO#, ship-to ZIP | 1.55% - 1.95% | Available now - Visa CEDP |
The 2026 problem: Visa sunset Level 2 in January 2026 and replaced both Level 2 and 3 with the "Commercial Enhanced Data Program" (CEDP). Merchants previously on Level 2 now pay standard rates unless they implement CEDP. Most processors haven't proactively told their clients.
Mastercard still uses the Level 3 designation. The practical requirements are nearly identical to CEDP - line item data, purchase order numbers, and tax information submitted with each transaction.
Upload your merchant statement now. Results in under 60 seconds.
Upload Your StatementNo credit card. No account required.