by | Oct 26, 2017 | Uncategorized
Effective 13 October 2017, Visa and Mastercard have changed currency exponent values for Chilean peso and Ugandan shilling to align with ISO standards and other card schemes. This change will help to eliminate false declines or at-risk approvals caused by differences...
by | Oct 26, 2017 | Uncategorized
Effective 31 December 2017, a new local e-commerce regulation published by the Banking Regulations and Supervision Agency (BRSA) will require issuers in Turkey to obtain consent from their cardholders to enable cards to perform e-commerce transactions. Turkish issuers...
by | Oct 26, 2017 | Uncategorized
Visa have shared recommended best practices to prevent brute-force authorization attacks. In a brute-force attack fraudsters use automated software known as “botnet” which continuously attempts to guess account data such as account number, card expiration date, PIN or...
by | 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...
by | 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...
by | 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...
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