In a proposed settlement between the Department of Justice, seventeen states and Visa and MasterCard, that was approved by a federal judge in July of 2011, regarding the interchange structure that Visa and MasterCard charge, the card associations are now removing the rule that prohibited merchants from charging a fee to accept a credit card [...]
CRITICAL NOTICE: Please note that some credit card terminals are approaching “End of Life” status for the following reasons: Non-compliance of the mandates set forth by the Payment Brands and the PCI Data Security Standards Council Limited memory capability in first generation terminals that do not allow for new application development to meet those mandates [...]
It has recently come to our attention that many merchants are receiving an e-mail claiming to come from MasterCard asking for information to be confirmed about recent credit card transactions. The phishing e-mails ask merchants to conduct payment card test transactions followed by a refund to a different payment card. The emails also instruct merchants [...]
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