Wednesday, December 19, 2018
Important MasterCard Mandate Information from WorldPay
Update 3/23/2017: OK a little unusual but I was actually onsite installing Card Defender with a customer in Idaho when they received a letter from Heartland with the same content as what WorldPay has sent out. It was pretty cool that I was able to explain to the retailer in Laymans terms that Card Defender meets or exceeds all of the payment industry requirements.

WorldPay has sent out a communication related to a couple of MasterCard Mandate deadlines. Here is what you need to know (and do):

1) The first Mandate is for confirming that you have Unique Terminal Identification (TID) which requires unique terminal identifiers for each independent card reading device in a single location and carries a compliance date of January 1st, 2017. This is to ensure that each of your payment devices have a unique number to help identify fraudulent transactions.

2) The second Mandate is related to the ability to accept 2-SERIES BANK IDENTIFICATION NUMBERS (BIN) and has a compliance deadline of May 1st, 2017.  This is related to new sequences of numbers on credit cards and that your payment processing equipment needs to be able to accept these cards for payment.

Non-compliance with these mandates could result in fines, per WorldPay, as follows:
  • Up to $2,500 per occurrence for the first 30 days
  • Up to $5,000 per occurrence for days 31-60
  • Up to $10,000 per occurrence for days 61-90
  • Up to $20,000 per occurrence for subsequent violations

  • So what do you need to do?
    1. Contact both your WorldPay sales rep and the company that provides your payment processing equipment as well as any point of sale equipment. This is especially important of you are using older equipment that may have not had an update in the last 3+ years.
    2. Microsoft Dynamics RMS software users may benefit from implementing Card Defender for RMS which allows RMS users to seamlessly accept newer types of payments like chip cards (EMV) as well as payments made using a phone (NFC). Card Defender also removes liability related to Microsoft RMS transmitting credit card data.
    3. If you are orphaned (do not have a point of sale company for service and support), the team at RITE is more than happy to help assess your situation and make recommendations.

    To see how Card Defender works with Microsoft RMS, check out this video:
    https://www.youtube.com/watch?v=PsjOU6jhFZM

    To reach a RITE team member for a free assessment of your existing equipment, please call us toll free at 888-267-7483 and select the sales option. Note that RITE is one of the largest Microsoft Dynamics RMS Partners in North America so we are best suited to assist retailers using any of the Dynamics point of sale products like  POS 2007, POS 2009, POS 2.0, RMS and RMS HQ.


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