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Vantiv is now Worldpay

 
Earlier this year Vantiv and Worldpay joined forces to become a global leader of integrated omni-commerce payments. We are excited to announce the next step in our combined history as we transition our name and logo from Vantiv to Worldpay.
 
 
 
 

Summer network updates webinar recording

 
The Summer 2018 network update is dedicated to covering the most recent changes from the major card networks: Visa®, Mastercard®, American Express®, and Discover®.

If you would like to review the information presented during our recent webinar, please   click here to download the webinar deck, or  click here to download the newsletter.
 
 
 
 

Updated Visa Claims Resolution (VCR) fee information

 
Visa recently announced they were extending the waiver for the Visa Claims Resolution (VCR) time-based dispute response and acceptance fees that were originally scheduled to take effect in April 2018. These fees will now take effect starting October 1, 2018.
 
 
 
 

China Union Pay and JCB announce expanded BIN range

 
China Union Pay is launching a new 8 series BIN range. Merchants and partners should ensure all point-of-sale devices are ready to identify, accept, and process these new BINs by October 12, 2018.

JCB has announced they are expanding their BIN ranges. The new BINS are expected to be in market around October 2022.
 
 
 
 

Update: Credential on File documentation (CoF) expanded

 
Worldpay continues to work with the card brands to ensure we have the answers our merchants need in order to properly implement Credential on File. We’ve obtained additional technical details related to CoF requirements and have updated our comprehensive resource document.

NOTE - For Mastercard transactions, we advise merchants to postpone implementation of CoF framework until further notice. Not all issuers are ready to support entry mode ‘10’, and this is leading to declines.
 
 
 
 

Recent core iQ enhancements

 
July 26, 2018 - Core iQ release 18.7.2
  •  Ability to mass export results from the Virtual Terminal search results grid 
  • Enhanced the Virtual Terminal "mass transaction" search screen to include the following additional search criteria:
    • Transaction type
    • Card/Token number 
    • Amount (range)
  • Corrected some issues sorting issues on the Virtual Terminal search results grid
  • Users searching on mass gift card transactions can now pull back more than 5,000 records

 
 
 

In every issue

 
 
 
 
Holiday Reminder - Labor Day: Click here
 
 
 
 
Worldpay 2018 peak season update: Click here
 
 
 
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