Visa will implement the next phase of its Commercial Enhanced Data Program (CEDP) in October 2025.
The CEDP replaces Visa’s Level 2, Level 3, and Large Ticket interchange programs. It lets you qualify for interchange reductions on US commercial card transactions by providing more detailed transaction data.
Commercial cards are any cards businesses use to make purchases on their company’s behalf. These include Corporate, Purchasing, Fleet, and Business credit cards.
Mastercard will also update its Level 2 and Level 3 programs to require more specific units of measure.
Key dates
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October 17, 2025 – Mastercard will require more specific units of measure for its Level 2 and Level 3 programs.
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October 18, 2025 – Visa will replace its existing Level 3 program with the CEDP, introducing lower Product 3 interchange rates.
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April 18, 2026 – Visa will discontinue its existing Level 2 program. After this date, the CEDP becomes the new Visa standard for achieving US interchange savings. We expect to receive more information on this from Visa in the coming months.
Mastercard changes from October 17
As of October 17, 2025, Mastercard will require more specific units of measure for its Level 2 and Level 3 programs. There is no impact if you don’t update your transaction requests. Checkout.com will automatically populate the field with EACH as an interim measure if the existing value doesn’t follow Mastercard’s requirements.
Note that this field is scheme agnostic, so you must include it for both Visa and Mastercard transactions. We’ll update the Submit Level 2 or Level 3 data docs with the full list of values to supply for this field once this change goes live.
Visa changes from October 18
Access to lower rates
Visa’s new CEDP Product 3 interchange rates are generally lower than the existing level 3 rates.
Broader eligibility
Under the CEDP, Visa Business credit cards will now be eligible for the best Product 3 interchange reductions in addition to Corporate, Purchasing, and Fleet cards. Previously, Business credit cards could only qualify for Level 2.
Introduction of verified merchant status
This is the main change and is based on your enhanced data quality. If you consistently send high-quality enhanced data, Visa will classify you as a _verified _merchant. You’ll receive the new, preferential CEDP interchange rates at the time of daily settlement.
If you’re new to the program, or your data doesn’t consistently meet Visa’s requirements, Visa will classify you as a non-verified merchant. Your transactions will settle at the standard interchange rate, after which Visa will perform a data quality review within 20 days.
If Visa confirms that the transaction data meets the CEDP requirements, you’ll receive the interchange difference.
How to become a verified merchant
To become a verified merchant, you must fulfil one of the following:
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Process 500 successful CEDP transactions.
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Maintain 20 consecutive days of successful CEDP transactions.
Visa reviews this status monthly, so you can move between verified and non-verified based on the ongoing quality of your transaction data. Visa will provide the list of _verified _merchants to us on the 10th of every following month.
Once Visa verifies a business, it continues to monitor data quality. If Visa finds that data quality falls below the CEDP threshold, it warns us before your business becomes non-verified.
What this means for you
Our platform will automatically handle the technical requirements for CEDP participation, including flagging your eligible transactions, so you don’t need to update your integration if you already submit this data.
To maximize your opportunity to become a verified merchant and receive the best rates at settlement, continue to provide complete and accurate Level 2 and Level 3 data.
As a reminder, all transactions must meet basic Custom Payment Service qualification criteria to be eligible for CEDP rates.
If you have any questions about your data quality or status, contact your account manager or request support.