Visa MasterCard Registration Procedures
|
|
- Suzan Simmons
- 8 years ago
- Views:
Transcription
1 Effective May Visa Term Definition Registration Requirements Forms Initial Registration Annual Renewal An organization or individual, which is not a Member, whose *Enhanced /Service Provider bankcard-related business relationship with a Member Forms involves any of the following: * Merchant solicitation, sales, or services * Merchant Transaction processing solicitation * Cardholder solicitation or Card application processing services * Provides solicitation materials, information on discount rates, Merchant application forms or data capture equipment Due - Credit Review $5,000 $5,000 - Full Due Member Bank Penalties for Non-Registration Sign-off Required Independent Contractor- An individual (1099 employee of either a Member or an ) Independent Contractor has been eliminated by Visa as of May, 2005 N/A N/A N/A N/A N/A N/A N/A Sub-Contractor - not permitted per Visa Subcontracting occurs as in the following example: A 1099 or W2 employee of a registered which submits applications through a different registered to facilitate acceptance of "hard to place" Merchants. Sub-Contracting is not permitted per Visa employees must either be (i) W2 employees of the registered or (ii) registered 1099 employees of the registered or Visa Member and solicit only under the registered name. s can only accept Merchant applications from their W2 employees or Visa registered 1099 employees. N/A N/A N/A N/A N/A N/A Sub-Independent Sales Organization ()-selling under the name of primary An organization or individual, which is not a Member, whose bankcard related business relationship with a Member is *Merchant solicitation, sales or service and/or *Cardholder solicitation. **Sub may not use its name in the Sales process. They must sell only under the registered name. N/A N/A $5,000 - for the Primary only - not for the Sub- $ for the Primary only - not for the Sub- N/A N/A First Violation - $10,000
2 Effective May Sub-Independent Sales Organization ()-selling under their own name An organization or individual, which is not a Member, whose bankcard related business relationship with a Member is *Merchant solicitation, sales or service and/or *Cardholder solicitation. *Enhanced /Service Provider Forms $5,000 $5,000 -Full Due
3 Effective May Third-Party Servicer (TPS) An organization that: * Has a Direct contractual relationship with the Member * Is not a Member of Visa USA & is not directly connected to VisaNet * Examples include but are not limited to: Gateways from a Merchant to a Processor Provider of Back Office Support Supporting loyalty programs Electronic Data Capture Fraud servicing, monitoring or scrubbing Credit Underwriting (issuing) Collections Voice authorization and routing Call referral processing/telemarketing Clearing file preparations and submissions Settlement processing Cardholder and merchant statement preparation Chargeback processing Merchant help desk support Loading software into terminals accepting cards Loading or injecting encryption keys into terminals or PIN pads *Enhanced /Service Provider Forms -Full Due Merchant Servicer (MS) An organization that: * Has a Direct contractual relationship with the Merchant * Is not a Member of Visa USA Is not directly connected to VisaNet * Provides response processing for Visa Members related to program solicitations, transaction processing, data capture, and/or other administrative functions, such as chargeback processing, risk/security reporting, and customer service. See Third-Party Servicer (above) for additional examples *Enhanced /Service Provider Forms -Full Due
4 Effective May Encryption and Support Organization (ESO) An organization that is not a Member, whose debit business relationship involves any of the following activities: * Loading software into an ATM or terminal that accepts cards * Loading or injecting encryption keys into an ATM or terminal/pin Pad *Providing help-desk support that includes re-programming of ATM/terminal software * Generating, storing, or loading/injecting cryptographic keys into PIN Pads or ATMS * Distributing new DES keys or destroying old DES keys * Decommission or commissioning PIN-entry devices * Providing general key custodial support services *Enhanced /Service Provider *Must be PCI PIN compliant - providing a current TG-3 and Visa PIN Security Audit Forms member, effective -Full Due VisaNet Processor Referral Effective June 6, 2007, a Member, or Visa approved nonmember who is directly connected to VisaNet, that provides Authorization, Clearing, or Settlement services for Merchants and/or Members. Visa Guide: A referral occurs when an individual or organization recommends that a Merchant consider processing credit transactions through a specific Visa Member. The individual or organization may provide (i) general information regarding credit card processing and (ii) the Visa Member's phone number for further information. The referring entity may not quote rate, fees, terms and conditions. A referral can only be made by an individual whose primary function is not merchant solicitation. Individuals who refer merchants to a particular Visa Member to obtain credit card processing are not required to register in the Agent Registration Program.
5 Effective May MasterCard Term Definition Registration Requirements Forms Initial Registration Annual Renewal An is any MSP that provides Program Services, other * MSP application - thru MC than transaction and cardholder processing, to a MasterCard Connect.MRP, executed Forms member in furtherance of the member's Program. * By way of example and not limitation, such services include merchant solicitation, cardholder solicitation, and customer service Due - Credit Review $5,000 $5,000, Full Due Member Sign-off Required Penalties for Violation Independent Contractor- MasterCard does not acknowledge as a MSP N/A N/A N/A N/A N/A N/A N/A N/A Sub Contractor - not N/A N/A N/A N/A N/A N/A N/A N/A permitted by MasterCard Sub-Independent Sales Organization ()-selling under the name of primary An organization or individual, which is not a Member, whose bankcard related business relationship with a Member is: * Merchant solicitation, sales or service and/or * Cardholder solicitation. **Sub may not use its name in the Sales process. They must sell only under the registered name. N/A N/A N/A N/A N/A N/A Sub Independent Sales Organization ()-Selling under their own name An is any MSP that provides Program Services, other than transaction and cardholder processing, to a MasterCard member in furtherance of the member's Program. * By way of example and not limitation, such services include merchant solicitation, cardholder solicitation, and customer service * MSP application - thru MC, executed Forms $5,000 $5,000, Full Due Type II Third-Party Processor (TPP) A TPP is an MSP that performs transaction and cardholder processing services for one or more members (such services are referred to as "TPP" Services) and is contracted by the Member. * Program Services include, but are not limited to, terminal operation, authorization routing, voice authorization, gatway and switching services, call referral processing, electronic data capture, clearing file preparation and submission, settlement processing (excluding possession,ownership,or control of settlement funds, which are prohibited), cardholder and merchant statement preparation, and chargeback processing * MSP application - thru MC, executed Forms $5,000 per Member $5,000 per Member, Full Due
6 Effective May Type I Third Party Processor (TPP) A TPP is defined as a Member Service Provider (MSP) that performs transaction and cardholder processing Program Services. * Type I TPPs generally are those that provide Program Service to a large number of Members or that otherwise could significantly impact the integrity of the Interchange. *A Type I TPP classification is based on, but not limited to, the annual number of authorized credit and debit transactions processed by the TPP. *MasterCard, in its sole discretion, will determine which TPPs to classify as Type I TPPs. * MSP application - thru MC, executed *A third-party risk assessment every two years. Personal identification number (PIN) security review annually and as determined necessary by MasterCard MSP risk operations review (a Risk Assessment Program [RAMP] Level 1 review or an onsite review as determined by MasterCard) annually Forms $50,000 $50,000 N/A N/A After MasterCard identifies a processor as a Type I TPP and notifies such processor accordingly, MasterCard will grant the processor 90 days from the notification date to provide documentation required under the Type I TPP Evaluation Program rules. Failure to provide the required documentation to MasterCard within 90 days of the notification date will result in a noncompliance assessment of USD 25,000 each month until such documentation is received. Otherwise, MasterCard will reclassify the processor as a Type II TPP. Data Storage Entity (DSE) A DSE is defined as an entity other than a member, merchant,, or TPP that stores, transmits, or processes card or transaction data for or on behalf of a merchant,, or TPP. *Must be PCI compliant *Registration required Forms N/A N/A, Full Due Encryption and Support Organization (ESO) An ESO is categorized and registered as a DSE ONLY if the entity is loading/injecting cryptographic keys. If the entity is performing any additional functions, then they would be categorized as an and/or TPP and follow their respective registration requirements as outlined. *Must be PCI compliant *Registration required - based on functions being performed Forms DSE - N/A DSE - N/A, Full Due
Merchant Service Group, LLC Compliance Q & A
GENERAL ISO INFORMATION 1. What name(s) can an ISO use when selling? * ISO can only solicit using their corporate or DBA name that has been registered and approved with the Associations. * All additional
More informationTHIRD PARTY AGENT REGISTRATION PROGRAM
THIRD PARTY AGENT REGISTRATION PROGRAM Frequently Asked Questions For the U.S., Canada and Latin America & Caribbean Regions General Information Q. What is the Third Party Agent Registration Program? A.
More informationThird Party Agent Registration Program Frequently Asked Questions
Third Party Agent Registration Program Frequently Asked Questions U.S., Canada and Latin America & Caribbean Regions General Information What is the Third Party Agent Registration Program? The Third Party
More informationAgent Registration. Program Guide. (For use in Asia Pacific, Central Europe, Middle East, Africa)
Agent Registration Program Guide (For use in Asia Pacific, Central Europe, Middle East, Africa) Version 1 April 2014 Contents 1 INTRODUCTION... 3 1.1 ABOUT THIS GUIDE... 3 1.2 WHO NEEDS TO BE REGISTERED?...
More informationThird Party Agent (TPA) Registration Program - TPA Types and Functional Descriptions
Third Party Agent (TPA) Registration Program - TPA Types and Functional Descriptions Independent Sales Organizations (ISO) ISO Merchant (ISO M) Conducts merchant account or transaction processing solicitation,
More informationAgent Registration. Program Guidelines. (For use in Asia Pacific, Central Europe, Middle East and Africa)
(For use in Asia Pacific, Central Europe, Middle East and Africa) January 2012 Contents 1 INTRODUCTION... 3 1.1 BACKGROUND... 3 1.2 PURPOSE OF DOCUMENT... 4 1.3 WHO NEEDS TO BE REGISTERED?... 5 1.4 WHY
More informationA Compliance Overview for the Payment Card Industry (PCI)
A Compliance Overview for the Payment Card Industry (PCI) Many organizations are aware of the Payment Card Industry (PCI) and PCI compliance but are unsure if they are doing everything necessary. This
More informationFREQUENTLY ASKED QUESTIONS The MasterCard Site Data Protection (SDP) Program
FREQUENTLY ASKED QUESTIONS The MasterCard Site Data Protection (SDP) Program MERCHANTS Can Level 1 merchants currently use internal auditors to perform an onsite assessment? Yes. However, after June 30,
More informationFailure to follow the following procedures may subject the state to significant losses, including:
SUBJECT: Policy and Procedures PAGE: 1 of 5 INTRODUCTION During fiscal year 2014, State of Wisconsin agencies accepted approximately 6 million credit/debit card payments through the following payment channels:
More informationInformation about this Replacement
Information about this Replacement Replacement The October 2005 Member Service Provider Rules Manual replaces your existing manual. What is in the new version? This manual contains excerpts of MasterCard
More informationWhat To Do if Compromised. Visa USA Fraud Investigations and Incident Management Procedures
What To Do if Compromised Visa USA Fraud Investigations and Incident Management Procedures Table of Contents Introduction......................................................... 1 Identifying and Detecting
More informationUniversity Policy Accepting Credit Cards to Conduct University Business
BROWN UNIVERSITY University Policy Accepting Credit Cards to Conduct University Business Purpose Brown University requires all departments that are involved with credit card handling to do so in compliance
More informationVisa PIN Security Program Webinar May 2015. Alan Low PIN Risk Representative AP and CEMEA. Visa Public
Visa PIN Security Program Webinar May 2015 Alan Low PIN Risk Representative AP and CEMEA Disclaimer The information or recommendations contained herein are provided "AS IS" and are intended to be information
More informationRFP#15-20 EXHIBIT E MERCHANT SERVICES INFORMATION SHEET
RFP#15-20 EXHIBIT E MERCHANT SERVICES INFORMATION SHEET A. Merchant Credit Card Processing 1. Describe your company s authorization method; list and describe alternative authorization methods. 2. What
More informationGuide to Visa Inc. Agents
Guide to Visa Inc. Agents AGENT VisaNet Processor Third Party Agent Client Acquiring VNP PF HRIPSP DCC ESO Client VNP acting as Service Provider ISO DCV Third Party VNP ISO-Merchant ICPIA ISO-Cardholder
More informationAppendix 1 Payment Card Industry Data Security Standards Program
Appendix 1 Payment Card Industry Data Security Standards Program PCI security standards are technical and operational requirements set by the Payment Card Industry Security Standards Council to protect
More informationHow To Control Credit Card And Debit Card Payments In Wisconsin
BACKGROUND State of Wisconsin agencies accepted more than 6 million credit/debit card payments annually through the following payment channels: Point of Sale (State agency location) Point of Sale (Retail-agent
More informationGuide to Visa Inc. Agents
Guide to Visa Inc. Agents AGENT VisaNet Processor Third Party Agent PF DCC Client Acquiring VNP HRIPF ESO Client VNP acting as Service Provider ISO-Merchant ISO DCV ICPIA Third Party VNP ISO-Cardholder
More informationFREQUENTLY ASKED QUESTIONS The MasterCard Site Data Protection (SDP) Program
FREQUENTLY ASKED QUESTIONS The MasterCard Site Data Protection (SDP) Program MERCHANTS Can Level 1 merchants currently use internal auditors to perform an onsite assessment? Yes. However, after June 30,
More informationRegistration and PCI DSS compliance validation
Visa Europe A Guide for Third Party Agents Registration and PCI DSS compliance validation October 2015 Version 1.1 Visa Europe 2015 Contents 1 Introduction... 4 1.1 Definitions of Agents... 4 2 Registration
More informationThird Party Agent Registration and PCI DSS Compliance Validation Guide
Visa Europe Third Party Agent Registration and PCI DSS Compliance Validation Guide May 2016 Version 1.3 Visa Europe 2015 Contents 1 Introduction... 4 1.1 Definitions of Agents... 4 2 Registration Process...
More informationGLOSSARY OF MOST COMMONLY USED TERMS IN THE MERCHANT SERVICES INDUSTRY
GLOSSARY OF MOST COMMONLY USED TERMS IN THE MERCHANT SERVICES INDUSTRY Acquiring Bank The bank or financial institution that accepts credit and/or debit card payments for products or services on behalf
More informationWhat To Do if Compromised. Visa USA Fraud Investigations and Incident Management Procedures
What To Do if Compromised Visa USA Fraud Investigations and Incident Management Procedures Table of Contents Introduction......................................................... 1 Security Breach Reporting............................................
More informationMerchant Services Tool Kit TEXPO 2013
Merchant Services Tool Kit TEXPO 2013 Surcharges Visa Information Website Site Preview and PDF s: www.visa.com/merchantsurcharging Materials Notification of Intent to Surcharge Merchants who choose to
More information2.1.2 CARDHOLDER DATA SECURITY
University of Oxford Finance Division FINANCIAL POLICY 2.1.2 CARDHOLDER DATA SECURITY Date: 21 March 2013 Version: 2.1.2 Status: Approved Author: Simon Blee Bridget Midwinter TABLE OF CONTENTS Page EXECUTIVE
More informationCREDIT CARD MERCHANT PROCEDURES. Revised 01/21/2014 Prepared by: NIU Merchant Services
CREDIT CARD MERCHANT PROCEDURES Revised 01/21/2014 Prepared by: NIU Merchant Services CREDIT CARD MERCHANT PROCEDURES Contents Role of NIU Merchant Services 2 Security. 3 Method of Payment 3 Departmental
More informationPayment Card Industry Data Security Standard Training. Chris Harper Vice President of Technical Services Secure Enterprise Computing, Inc.
Payment Card Industry Data Security Standard Training Chris Harper Vice President of Technical Services Secure Enterprise Computing, Inc. March 27, 2012 Agenda Check-In 9:00-9:30 PCI Intro and History
More informationContract Duration This contract runs through June 30, 2013 with annual options to renew through June 30, 2015 (two option years).
Commonwealth of Massachusetts Electronic Payment Processing Services Contract (PRF44designatedOSC) and PCI Compliance (CTRPCI2007) Part of the Commonwealth's E-Government Initiative includes a program
More information2015 Submission Requirements / Merchant Application
2015 Submission Requirements / Merchant Application Support Department: Support@PDLmerchantsolutions.com Emai:Support@pdlmerchantsol utions.com 2015 CARD SUBMISSION REQUIREMENTS: Executed PDL Merchant
More informationMerchant Account Glossary of Terms
Merchant Account Glossary of Terms From offshore merchant accounts to the truth behind free merchant accounts, get answers to some of the most common and frequently asked questions. If you cannot find
More informationRegistry of Service Providers
Registry of Service Providers Program Guide Contents 1 2 1.1 What is the Registry of Service Providers? 2 1.2 Who can register? 3 1.3 Why register with Visa? 3 1.4 Implications for Visa Clients 4 2 5 2.1
More informationACS Technologies/ServiceU Information Sheet for Credit Card and ACH/EFT
ACS Technologies/ServiceU Information Sheet for Credit Card and ACH/EFT ACS Technologies has partnered with ServiceU to take the pain and confusion out of the process of setting up your Web site to accept
More informationPCI Compliance Overview
PCI Compliance Overview 1 PCI DSS Payment Card Industry Data Security Standard Standard that is applied to: Merchants Service Providers (Banks, Third party vendors, gateways) Systems (Hardware, software)
More informationAISA Sydney 15 th April 2009
AISA Sydney 15 th April 2009 Where PCI stands today: Who needs to do What, by When Presented by: David Light Sense of Security Pty Ltd Agenda Overview of PCI DSS Compliance requirements What & When Risks
More informationHow To Ensure Account Information Security
Global PCI DSS Framework Emöke Bitter Business Leader, Risk Management 26 February 2009 Agenda Introduction Merchants Service Providers Registry of Service Providers Payment Applications Resources Information
More informationYour Compliance Classification Level and What it Means
General Information What are the Payment Card Industry (PCI) Data Security Standards? The PCI Data Security Standards represents a common set of industry tools and measurements to help ensure the safe
More informationhttp://www4.uwm.edu/bfs/depts/acct/creditcardacceptance/credit-card-acceptance.cfm
Section: Accounting Revised Date: 05/31/2011 Procedure: 2.2.23 Credit Card Acceptance Home Page http://www4.uwm.edu/bfs/depts/acct/creditcardacceptance/credit-card-acceptance.cfm Operating Principles:
More informationSTOP Important Information Please Read
STOP Important Information Please Read Welcome Kit Contents MasterCard / Visa Decal Welcome Letter Terminal Sticker May already be applied to terminal FAQ s Sample Statement Table of Contents Important
More informationPayment Card Industry Data Security Standard (PCI DSS)
Payment Card Industry Data Security Standard (PCI DSS) WARNING: Your company may be in noncompliance with the Payment Card Industry Data Security Standard (PCI DSS), placing it at risk of brand damage,
More informationPOLICY SECTION 509: Electronic Financial Transaction Procedures
Page 1 POLICY SECTION 509: Electronic Financial Transaction Procedures Source: NDSU President NDSU VP for Finance and Administration NDSU VP for Information Technology A. Purpose / Rationale Many NDSU
More informationUW Platteville Credit Card Handling Policy
UW Platteville Credit Card Handling Policy Issued: December 2011 Revision History: November 7, 2013; July 11, 2014; November 1, 2014; August 24, 2015 Overview: In order for UW Platteville to accept credit
More informationUniversity Policy Accepting and Handling Payment Cards to Conduct University Business
BROWN UNIVERSITY University Policy Accepting and Handling Payment Cards to Conduct University Business Table of Contents Purpose... 2 Scope... 2 Authorization... 2 Establishing a new account... 2 Policy
More informationPCI General Policy. Effective Date: August 2008. Approval: December 17, 2015. Maintenance of Policy: Office of Student Accounts REFERENCE DOCUMENTS:
Effective Date: August 2008 Approval: December 17, 2015 PCI General Policy Maintenance of Policy: Office of Student Accounts PURPOSE: To protect against the exposure and possible theft of account and personal
More informationPCI-DSS: A Step-by-Step Payment Card Security Approach. Amy Mushahwar & Mason Weisz
PCI-DSS: A Step-by-Step Payment Card Security Approach Amy Mushahwar & Mason Weisz The PCI-DSS in a Nutshell It mandates security processes for handling, processing, storing and transmitting payment card
More informationTackling Campus-Wide e-commerce
SUNGARD SUMMIT 2007 sungardsummit.com 1 Tackling Campus-Wide e-commerce Presented by: Troy Boroughs University of Richmond March 22, 2007 A Community of Learning Introduction For years, the University
More informationInformation Technology
Credit Card Handling Security Standards Overview Information Technology This document is intended to provide guidance to merchants (colleges, departments, organizations or individuals) regarding the processing
More informationSCHEDULE A MODIFIED SCOPE OF SERVICES MERCHANT CARD PROCESSING SERVICES STATE OF NORTH CAROLINA AND SUNTRUST MERCHANT SERVICES
SCHEDULE A MODIFIED SCOPE OF SERVICES MERCHANT CARD PROCESSING SERVICES STATE OF NORTH CAROLINA AND SUNTRUST MERCHANT SERVICES Contract Number 14-06002 The terms Servicers and Vendor shall be used interchangeably
More informationACCEPTING PAYMENT CARDS FOR CONDUCTING UNIVERSITY BUSINESS:
Boston College Policy ACCEPTING PAYMENT CARDS FOR CONDUCTING UNIVERSITY BUSINESS: PURPOSE OF POLICY: The purpose of this policy is to establish procedures for accepting payment cards at Boston College
More informationU.S. Merchant Class Settlement MasterCard Frequently Asked Questions Merchant
U.S. Merchant Class Settlement MasterCard Frequently Asked Questions Merchant Surcharge Q. What is a surcharge? A. A surcharge is an additional fee that a merchant adds on a transaction when a consumer
More informationThe following information was prepared to assist you in understanding potential Electronic Value Transfer terminology.
ELECTRONIC VALUE TRANSFER CONTRACT (EVT) GLOSSARY OF TERMS The following information was prepared to assist you in understanding potential terminology. Term Description ACH Automated Clearing House is
More informationMasterCard PCI & Site Data Protection (SDP) Program Update. Academy of Risk Management Innovate. Collaborate. Educate.
MasterCard PCI & Site Data Protection (SDP) Program Update Academy of Risk Management Innovate. Collaborate. Educate. The Payment Card Industry Security Standards Council (PCI SSC) Open, Global Forum Founded
More informationACCEPTING PAYMENT CARDS FOR CONDUCTING UNIVERSITY BUSINESS:
Boston College Policy ACCEPTING PAYMENT CARDS FOR CONDUCTING UNIVERSITY BUSINESS: PURPOSE OF POLICY: The purpose of this policy is to establish procedures for accepting payment cards at Boston College
More informationPayment Methods. The cost of doing business. Michelle Powell - BASYS Processing, Inc.
Payment Methods The cost of doing business Michelle Powell - BASYS Processing, Inc. You ve got to spend money, to make money Major Industry Topics Industry Process Flow PCI DSS Compliance Risks of Non-Compliance
More informationTools to help you purchase your POS System
Tools to help you purchase your POS System Purchasing any technology can be confusing, and this applies to the purchase of a point-of-sale (POS) System. This document will provide you with a checklist
More informationAccepting Payment Cards and ecommerce Payments
Policy V. 4.1.1 Responsible Official: Vice President for Finance and Treasurer Effective Date: September 29, 2010 Accepting Payment Cards and ecommerce Payments Policy Statement The University of Vermont
More informationVISA EUROPE ACCOUNT INFORMATION SECURITY (AIS) PROGRAMME FREQUENTLY ASKED QUESTIONS (FAQS)
VISA EUROPE ACCOUNT INFORMATION SECURITY (AIS) PROGRAMME FREQUENTLY ASKED QUESTIONS (FAQS) Q1: What is the purpose of the AIS programme? Q2: What exactly is the Payment Card Industry (PCI) Data Security
More informationWASHINGTON STATE UNIVERSITY MERCHANT ACCOUNT AGREEMENT FOR UNIVERSITY DEPARTMENTS
WASHINGTON STATE UNIVERSITY MERCHANT ACCOUNT AGREEMENT FOR UNIVERSITY DEPARTMENTS I. Introduction, Background and Purpose This Merchant Account Agreement (the Merchant Agreement or Agreement ) is entered
More informationSECTION 509: Payment Card and Electronic Funds Transfer (EFT) Procedures
Page 1 SECTION 509: Payment Card and Electronic Funds Transfer (EFT) Procedures SOURCE: NDSU President NDSU VP for Finance and Administration NDSU VP for Information Technology It is the University s responsibility
More informationTo ensure independence, PSC does not represent, resell or receive commissions from any third party hardware, software or solutions vendors.
About PSC With offices in the USA, Canada, UK and Australia, PSC is a leading PCI, PA DSS, and P2PE assessor, PCI Forensics Company and Approved Scanning Vendor. PSC is one of an elite few companies qualified
More informationIntroduction and Background
Introduction and Background The Community College League of California is a nonprofit public benefit corporation whose voluntary membership consists of the 72 local community college districts in California.
More informationRedwood Merchant Services. Merchant Processing Terminology
ACH - Automated Clearing House for member banks to process electronic payments or withdrawals. (Credits or debits to a bank account) through the Federal Reserve Bank. Acquiring Bank - Licensed Visa/MasterCard
More informationWhat a Processor Needs from a University to Validate Compliance
What a Processor Needs from a University to Validate Compliance Lisa T. Conroy Merchant Compliance Manager Vantiv May 24, 2016 Disclosures The information included in this presentation is for information
More informationEDUCATION - TERMS 101
EDUCATION - TERMS 101 ACH (Automated Clearing House): A processing organization networked with others to exchange (clear and settle) electronic debit/credit transactions (no physical checks). ABA Routing
More informationPayments Industry Glossary
Payments Industry Glossary 2012 First Data Corporation. All trademarks, service marks and trade names referenced in this material are the property of their respective owners. A ACH: Automated Clearing
More informationThe Comprehensive, Yet Concise Guide to Credit Card Processing
The Comprehensive, Yet Concise Guide to Credit Card Processing Written by David Rodwell CreditCardProcessing.net Terms of Use This ebook was created to provide educational information regarding payment
More informationAccepting Credit Card Payments
Accepting Credit Card Payments An Introduction Objectives Understand the Credit Card Acceptance Process What Type of Merchant are You How to Choose An Acquirer How to Get It All Going for Non Cash Payment
More informationQ: What is PCI? Q: To whom does PCI apply? Q: Where can I find the PCI Data Security Standards (PCI DSS)? Q: What are the PCI compliance deadlines?
Q: What is PCI? A: The Payment Card Industry Data Security Standard (PCI DSS) is a set of requirements designed to ensure that ALL companies that process, store or transmit credit card information maintain
More informationTREASURER S OFFICE ADMINISTRATIVE STANDARDS FOR THE TREASURER S FISCAL PROCEDURE No. 08-01 MERCHANT DEBIT AND CREDIT CARD RECEIPTS
TREASURER S OFFICE ADMINISTRATIVE STANDARDS FOR THE TREASURER S FISCAL PROCEDURE No. 08-01 MERCHANT DEBIT AND CREDIT CARD RECEIPTS 1. Introduction Debit and Credit Card Receipt Standards apply to the administration
More informationVanderbilt University
Vanderbilt University Payment Card Processing and PCI Compliance Policy and Procedures Manual PCI Compliance Office Information Technology Treasury VUMC Finance Table of Contents Policy... 2 I. Purpose...
More informationTHE ABC S of CREDIT CARD TERMINOLGY
THE ABC S of CREDIT CARD TERMINOLGY ACH Credit A transaction through the ACH network that results in money being placed in the receiver's account at the destination financial institution. Acquiring Bank
More informationSAN DIEGO STATE UNIVERSITY RESEARCH FOUNDATION CREDIT CARD PROCESSING & SECURITY POLICY MERCHANT SERVICES POLICIES & PROCEDURES
SAN DIEGO STATE UNIVERSITY RESEARCH FOUNDATION CREDIT CARD PROCESSING & SECURITY POLICY MERCHANT SERVICES POLICIES & PROCEDURES POLICY STATEMENT Introduction Some San Diego State University Research Foundation
More informationPayment Card Industry (PCI) Data Security Standard
Payment Card Industry (PCI) Data Security Standard Attestation of Compliance for Onsite Assessments Service Providers Version 3.0 February 2014 Section 1: Assessment Information Instructions for Submission
More information<COMPANY> P07 - Third Parties Policy
P07 - Third Parties Policy Document Reference P07 - Third Parties Policy Date 8th October 2014 Document Status Final Version 3.0 Revision History 1.0 9 November 2009: Initial release. 1.1 17 November 2009:
More informationMEETING PCI COMPLIANCE WITH SONICWALL GLOBAL MANAGEMENT SYSTEM
MEETING PCI COMPLIANCE WITH SONICWALL GLOBAL MANAGEMENT SYSTEM PCI DSS 1.1 compliance requirements demand a new level of administration and oversight for merchants, banks and service providers to maintain
More informationE-Market Policy Accepting Online Payment for Conducting University Business
Accepting Online Payment for Conducting University Business Responsible Office: Bursar s Office Contact: bursar@hartford.edu Effective Date: July 1, 2011 Last Revised: June 20, 2011 Last Reviewed: June
More informationAttestation of Compliance for Onsite Assessments Service Providers
Attestation of Compliance Service Providers Payment Card Industry (PCI) Data Security Standard Attestation of Compliance for Onsite Assessments Service Providers Version 2.0 October 2010 Instructions for
More informationPayment Card Industry (PCI) Data Security Standard
Payment Card Industry (PCI) Data Security Standard Attestation of Compliance for Onsite Assessments Service Providers Version 3.0 February 2014 Section 1: Assessment Information Instructions for Submission
More informationGRINNELL COLLEGE CREDIT CARD PROCESSING AND SECURITY POLICY
GRINNELL COLLEGE CREDIT CARD PROCESSING AND SECURITY POLICY PURPOSE The Payment Card Industry Data Security Standard was established by the credit card industry in response to an increase in identify theft
More informationPROTECTION OF OUR MERCHANTS AND REFERRAL PARTNERS IS OUR FIRST CONCERN
PCI Q: What is PCI? A: The Payment Card Industry Data Security Standard (PCI DSS) is a set of requirements designed to ensure that ALL companies that process, store or transmit credit card information
More informationTown of Fairview, Texas Request for Proposal Merchant Card Services
Town of Fairview, Texas Request for Proposal Merchant Card Services SECTION I REQUEST FOR PROPOSAL INFORMATION A. Introduction and Background The Town of Fairview (the Town) is requesting proposals from
More informationPCI-DSS Compliance. Ron Dinwiddie Chief Technology Officer J. Spargo & Associates
PCI-DSS Compliance Ron Dinwiddie Chief Technology Officer J. Spargo & Associates Agenda What is PCI Compliance Why is PCI Important How does this impact me? Becoming PCI Compliant JSA PCI Strategy Risk
More informationGeneral Industry terms
General Industry terms Address Verification: A service provided through which the merchant verifies the Cardholder s address. Primarily used by Mail/Telephone order merchants. Not a guarantee that a transaction
More informationAttestation of Compliance for Onsite Assessments Service Providers
Attestation of Compliance Service Providers Payment Card Industry (PCI) Data Security Standard Attestation of Compliance for Onsite Assessments Service Providers Version 2.0 October 2010 Instructions for
More informationAttestation of Compliance for Onsite Assessments Service Providers
Attestation of Compliance Service Providers Payment Card Industry (PCI) Data Security Standard Attestation of Compliance for Onsite Assessments Service Providers Version 2.0 October 2010 Instructions for
More informationACS Technologies/ServiceU Information Sheet for Credit Card and ACH/EFT
ACS Technologies has created a way to take the pain and confusion out of the process of setting up your website for accepting online payments. We have partnered with ServiceU to take the headache out of
More informationFall Conference November 19 21, 2013 Merchant Card Processing Overview
Fall Conference November 19 21, 2013 Merchant Card Processing Overview Agenda Industry Definition Process Flows Processing Costs Chargeback's Payment Card Industry (PCI) Guidelines for Convenience Fees
More informationThe PCI DSS Compliance Guide For Small Business
PCI DSS Compliance in a hosted infrastructure A Rackspace White Paper Spring 2010 Summary The Payment Card Industry Data Security Standard (PCI DSS) is a global information security standard defined by
More informationThe Interlink Network and Maestro U.S.A. Network rules and regulations (collectively National/International Networks );
Chapter 7000 CREDIT AND DEBIT CARD COLLECTION TRANSACTIONS (T/L 675) This Treasury Financial Manual (TFM) chapter consolidates existing guidance and provides the requirements that Federal Government agencies
More informationCredit Card Processing Overview
Credit Card Processing Overview New Agent Development Training First Data Learning Organization Copyright 2009, First Data Corporation. All Rights Reserved. Developed by: 26 Rev: 01/23/09/1.0 Objectives
More informationSecure Credit Card Processing from EPX
The EPX BuyerWall Advantage Secure Credit Card Processing from EPX Revolutionizing the Payments Industry with Secure, Cost-Effective Solutions Realizing the increased focused on PCI-compliance, EPX is
More information* Any merchant that has suffered a hack that resulted in an account data compromise may be escalated to a higher validation level.
Q: What is PCI? A: The Payment Card Industry Data Security Standard (PCI DSS) is a set of requirements designed to ensure that ALL companies that process, store or transmit credit card information maintain
More informationPayment Card Industry (PCI) Data Security Standard
Payment Card Industry (PCI) Data Security Standard Attestation of Compliance for Onsite Assessments Service Providers Version 3.0 February 2014 Section 1: Assessment Information Instructions for Submission
More informationSaint Louis University Merchant Card Processing Policy & Procedures
Saint Louis University Merchant Card Processing Policy & Procedures Overview: Policies and procedures for processing credit card transactions and properly storing credit card data physically and electronically.
More informationGiving Pricing and Merchant Account Information. Monthly Billing Pricing. Additional Merchant Account Fees
ServiceU Corporation 60 Germantown Court, Suite 202 Cordova, TN 38018 901.869.5000 FAX: 901.869.5010 Giving Pricing and Merchant Account Information The ServiceU giving system allows you to accept financial
More informationRequest for Proposal. Merchant Credit Card Services
KEN MILLER OKLAHOMA STATE TREASURER Request for Proposal Merchant Credit Card Services February 19, 2013 Contact: Carole J. Bailey (405) 522-4216 carole.bailey@treasurer.ok.gov 2300 N Lincoln Blvd, Room
More informationPayment Card Acceptance Administrative Policy
Administrative Procedure Approved By: Brandon Gilliland, Associate Vice President for Finance & Controller Effective Date: October 1, 2014 History: Approval Date: September 25, 2014 Revisions: Type: Administrative
More informationMerchant Card Processing Best Practices
Merchant Card Processing Best Practices Background: The major credit card companies (VISA, MasterCard, Discover, and American Express) have published a uniform set of data security standards that ALL merchants
More informationTERMINAL CONTROL MEASURES
UCR Cashiering & Payment Card Services TERMINAL CONTROL MEASURES Instructions: Upon completion, please sign and return to cashandmerchant@ucr.edu when requesting a stand-alone dial up terminal. The University
More information