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Update: Credential on File documentation (CoF) expanded

 

On September 20, Worldpay hosted webinar to address what you need to know about Credential on File. If you missed the webinar or would like to review the presentation, please click on the following links:

Click on the following links to download additional informative documents. 

 
 
 
 

Fall network update newsletter 

 

As thought leaders and business partners, we strive to keep you informed of the most recent news in this fast-changing payments industry. The Fall 2018 network update is dedicated to covering the most recent changes from the major card networks: Visa®, Mastercard®, American Express®, and Discover®.

Look for the recording of our recent network update webinar in the November issue of the Advantage Bulletin

 
 
 
 

Peak season reminder 

 

Our goal is to provide you with the service, support and information you need to effectively manage your electronic payments. This includes our year-round efforts to ensure that every monitor and peak processing day is seamless to our merchants.

Please click on the button to view our change management schedule for the upcoming holiday season.

 
 
 
 

Mastercard chargeback fee calculation

 
We have recently identified an error in the Mastercard chargeback fee calculation. The error has been corrected and the calculation methodology validated with Mastercard. Beginning in October 2018, your Mastercard chargeback fees may vary from those sent out on previous fee reports.

If you have questions, please contact your eCommerce partner or relationship manager.
 
 
 
 

Mastercard Canada interchange updates

 
Effective January 1, 2019, Mastercard will revise several interchange programs.
 
 
 
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Visa announces 3-D Secure enhancements

 

As a part of efforts to enhance the 3-D Secure (3DS) program, Visa announced changes to the Visa Fraud Monitoring Program (VFMP) effective October 2018.

 
 
 
 
Visa: Changes to CPS Charity & CPS Retail 2
 
Effective October 12, 2018, Visa is making multiple changes to the CPS Charity and CPS Retail 2 interchange programs for merchants under MCCs 8398 (Charities) and 8661 (Churches).
 
 
 
 
Amex Opt Blue changes
 
Effective October 12, 2018, American Express OptBlue is introducing a new industry program, Emerging Markets. Click on the link below to see merchant categories are impacted.
 
 
 

In every issue

 
 
 
 
eCommerce maintenance and bank holiday schedule: Click here
 
 
 
 
Worldpay 2018 peak season update: Click here
 
 
 
 
Disputes and chargeback information: Click here
 
 
 
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