Visa and MasterCard have made important changes to merchant acceptance as part of a proposed settlement for merchants located in the U.S. and U.S. territories. For more information click here.
Current Merchant News
>>Visa is making changes to its dispute resolution process. Effective April 15, 2018, your deadline to respond to dispute notifications will be reduced from 45 days to 30 days. To speed up the response process, you can sign up for email or fax notifications. Contact customer service for more information.
>>Are you having problems taking payments? As you know, we recently implemented an industry-wide security update. Unfortunately, if your terminal did not receive the required software updates, it is now permanently inoperable and unable to take payments.
However, we can assist you with a replacement. Call us today or visit http://www.besha2ready.com!
>>Accept UnionPay! Some 3.5 million people will visit the U.S. from China this year. You can increase sales and help them feel welcome by displaying a decal that includes the brandmark of UnionPay
>> Amex Payment-Network Specific Information: For any Amex Payment-Network specific information, including the operating rules and regulations as well as PCI Data Security Standards information, click here.
Merchant Data Security Notification -
In an effort to further reduce fraud and identity theft, the major card brands (VISA, MasterCard, American Express, Discover, Diners Club, and JCB) have been working together to identify and implement measures to better safeguard cardholder information. Security is important at every layer of this industry: from the merchant to the processor to the banks.
All payment processors and merchants are expected to comply with all applicable data storage regulations, including maintaining cardholder account data in a secure environment. These new procedures help ensure your customers that the industry is doing as much as it can to maintain the security of cardholder information.
Click here to view data security notice.