October 2016 - International Acquirer

Visa Europe Payment Stop Service

by acquiring | Oct 14, 2016 | Uncategorized

Visa Europe has introduced a new fee on repeated authorisation requests where a decline decision has already been received from the Card Issuer. The new Visa fee for auths on declined reoccurring transactions is €1.00 per transaction. This fee will be applied on the...

MasterCard Global Ops Security Bulletin Date: 8th Nov 2016

by acquiring | Oct 4, 2016 | Uncategorized

Security level indicators in authorisations and clearing files must match, or the settlement files will be rejected. This change will prevent authorisations being tagged as non-secure but settled transactions being tagged as secure code authenticated. PSP’s should...

MasterCard Global 509 Downgrading Secure Transactions where the AAV is not present Date: 8th November 2016

by acquiring | Oct 4, 2016 | Uncategorized

If the AAV is not present a 3DS transaction is now downgraded to a non-secure transaction. The AAV must be sent on all 3DS and attempted 3DS transactions or the PSP’s transactions will be downgraded resulting in an increase in interchange and a potential loss of...