MasterCard Revises Standards for Processing Authorizations and Preauthorizations

April 14, 2016

UPDATE: To view a replay of a webinar conducted in late-August by Jen Roberts, eCommerce Payments Program Manager at Vantiv, that details how these changes may impact your business, click here.

MasterCard is introducing a multitude of authorization processing changes that include: new methods to identify the type of authorization, changes to authorization reversal time frames, discontinuance of the 15/20 percent transaction amount tolerance for T&E and gratuities, changes to chargeback time frames, and the extension of incremental authorizations for all merchant types.

Click here to learn more.

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

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