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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. As we progress through the beginning of next year, you will see the Vantiv name, logo and references transition to Worldpay
 
 
 
 

Summer network updates webinar recording

 
As thought leaders and business partners, we strive to keep you informed of the most recent news in this fast-changing payments industry. 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. Where applicable, these fees will be passed through to merchants. See the table below for more details.
 
 
 
 

China Union Pay and JCB announce expanded series 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.
 
 
 
 

Worldpay enhances eCommerce sandbox

 

Worldpay eCommerce partners and merchants now have access to the following enhancements in the sandbox environment: 

  • Chargeback and Merchant Provisioner API support
  • Sandbox environment status check box

Customers now have the ability to use the sandbox for their initial testing of CNP transactions, Chargeback API and Merchant Provisioner API without the need to:

  • Add IPs
  • Use specific credentials (username/password/merchantID)
  • Wait for the Worldpay implementation team to create a test account
 
 
 

In every issue

 
 
 
 
Maintenance holiday and bank schedule: Click here
 
 
 
 
Worldpay 2018 peak season update: Click here
 
 
 
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