Mastercard
Mastercard will add a new MCC and expand certain MCC ranges.
Mastercard will be participating in the adoption of the 8-digit BIN standard effective April 2022.
Mastercard is introducing a new prepaid card program to be issued in the MEA region.
Mastercard is modifying the interchange process to include the Transaction Integrity Class as part of the interchange rate assignment.
Mastercard is introducing a humanitarian-focused prepaid program.
Mastercard Processing Integrity Fee reminder.
Visa
Visa will make a change to an MCC.
Visa is extending the U.S. region participation in the global EMV liability shift for domestic AFD transactions.
Visa will mandate the proper identification of estimated, initial, and incremental authorizations for certain MCCs.
Visa will require an authorization on credit voucher and merchandise returns in April 2018.
Visa will implement changes to the Visa Rules to mandate compliance with the stored credential transaction framework.
Visa will begin assigning eight-digit issuing BINs and will require all endpoints to process using the new eight-digit issuing BIN structure in April 2022.
Visa will revise processing integrity timeframes used to calculate fee assessment to align with modified authorization, reversal, and clearing timeframes for estimated authorization transactions.
Visa will update the existing list of U.S. Travel Service merchant types to include MCC 7513.
Visa will implement a new Corporate and Purchasing Card rate for Level 2 fuel transactions.
Visa will implement changes to the recurring transactions MCC requirement for CPS/Card Not Present.
Visa will implement changes to Visa consumer credit transactions meeting CPS/Small Ticket qualifications.
Discover
Discover will modify requirements for eligible Premium and Premium Plus card sales at restaurant MCCs
Discover will require POS systems to be configured to support 19-digit PANs and 8-digit PINs.
American Express OptBlue
The External Sales Servicing Unit, ESSU, at American Express will now be called Premium Partner Servicing.
American Express OptBlue Program Pricing and Signing Guidelines will be revised.
American Express will make changes to the Prohibited Merchant Industries and Categories list. |
