CEDP is coming—and it’ll cost you if you’re not ready
Big changes are coming to how credit card fees work for business payments. Starting in April 2025, new industry rules will require more detailed data on commercial transactions. By October 2025, if your business isn’t prepared, you could face significantly higher processing costs.
What’s changing?
If you take credit card payments from other businesses (or pay vendors by card), you now need to send invoice-quality data with every transaction. hat means line-item details like:
- Item Description
- Item Quantity
- Item Unit of Measure
- And much more…
Without this data, your business transactions will cost more per swipe—even if you’ve already gotten paid.
What’s changing?
If your card transactions don’t meet these revised CEDP standards, you’ll be charged higher interchange fees. And it doesn’t stop there:
Loss of access to lower processing rates
Immediate negative impact on profitability
Margin erosion that can snowball over time
Pricing
Business Credit Cards Interchange categories eligible for reduced rates
The October deadline
Changes have officially rolled out as of April 2025 —but the real pain hits in October. That’s when enforcement begins, and merchants not following the CEDP’s new data rules will not reap the benefits of lower rates.
Small business, big impact
This can affect any business that:
- Accepts B2B card payments
- Pays suppliers or contractors by card
If this sounds like you, your card processing costs are about to go up—unless you prepare now.
How Priority helps - the MX™ Gateway
Priority has your back with data tools that do the heavy lifting. Our system:
- Qualify transactions for Level 3 interchange
- Fill in missing Level 3 line item data fields
- Ensure long-term eligibility for discounted rates
If you accept Commercial card payments, Priority makes sure your transactions are compliant and cost-efficient.
Get ahead with Priority
Don’t wait until fees increase to take action. Start your readiness plan today with Priority’s advanced payment solutions designed to meet evolving industry requirements.