[Type text] [Type text] [Type text] WorldPay US, Inc. is a registered - PDF document

[Type text] [Type text] [Type text] WorldPay US, Inc. is a registered ISO/MSP of RBS Citizens, N.A. Copyright 2013 WorldPay US, Inc. All rights reserved. WorldPay is a registered trademark of WorldPay Ltd. All other trademarks are the property of their respective owners. This content is not intended to provide a complete explanation of applicable laws, rules or regulations. It should not be consicompliance advice. Individual situations will differ, and any questions or concerns should be discussed with your own lawyers a The card networks consolidate many of their changes into two “major” releases each year: Spring Release in April and Fall Release in October. What follows is a summary of the planned changes for Fall Release that WorldPay has received to date. We recommend ference tool and we’ll forward additional Fall Release information as it becomes available to us. If you have any questions or concerns, please contact your WorldPay Representative. g 2013 WorldPay US, Inc. is a registered ISO/MSP of RBS Citizens, N.A. Copyright 2013 WorldPay US, Inc. All rights reserved. WorldPay is a registered trademark of WorldPay Ltd. All other trademarks are the property of their respective owners. This content is not intended to provide a complete explanation of applicable laws, rules or regulations. It should not be consicompliance advice. Individual situations will differ, and any questions or concerns should be discussed with your own lawyers a nge — Effective October 1, 2013 The Visa Kilobyte (KB) / Access Fee will now be passed through to you. Effective October 1, 2013, WorldPay will pass through the new rate, which will be included in your October statement. The fee is assessed for the submission of each sales transaction to Visa for settlement and supports the size of the file being transmitted, as well as the Access Fee which includes the Acquirer Fee, and the ancillary fees charged by Visa. The new rate is $.0047. MasterCard Kilobyte (KB) Access Fee Change — Effective October 1, 2013 The MasterCard Kilobyte (KB) / Access fee will now be passed through to you. Effective October 1, 2013, WorldPay will pass through the new rate, which will be included in your Ocfor the submission of each sales transaction to MasterCard for settlement and supports the size of the file being transmitted, as well as the Access Fee which includes the Acquirer Fee, and the ancillary fees charged by MasterCard. The new rate is $.0044. Effective October 1, 2013, MasterCard will initiate a $0.0025 fee each time a CVC2 code is submitted during the transaction validation process and will be passed through to merchants as a Miscellaneous Fee on the monthly merchant processing statement. DEBIT NETWORKS Following last year’s move by the STAR network to initiate an annual merchant participation fee, the Jeanie and PULSE debit payment networks have implemented an annual participation fee too. All merchants who are enabled to process payments over these networks are now assessed this fee, regardless of the acquirer they use. To enhance your ability to track this fee in one place, WorldPay is passing through this direct charge by the STAR, Jeanie and PULSE payment networks on your September monthly processing statement. Fee details are provided below. All merchants enabled to process payments over the Jeanie Debit Payment Network are now assessed an Annual Merchant Participation Fee of $6 per participating merchant location or website and applies to all merchants enabled on the Jeanie network. Per the terms of your WorldPay customer processing agreement, this fee will be passed along to you, appearing in the September 2013 WorldPay processing statement. WorldPay US, Inc. is a registered ISO/MSP of RBS Citizens, N.A. Copyright 2013 WorldPay US, Inc. All rights reserved. WorldPay is a registered trademark of WorldPay Ltd. All other trademarks are the property of their respective owners. This content is not intended to provide a complete explanation of applicable laws, rules or regulations. It should not be consicompliance advice. Individual situations will differ, and any questions or concerns should be discussed with your own lawyers a PULSE announced the implementation of an Annual Merchant Participation Fee of $6 per participating merchant location or website and applies to all merchants enabled on the PULSE network. Per the terms of your WorldPay customer processing agreement, this fee will be passed along to you, appearing in the September 2013 WorldPay processing statement. STAR—Annual Merchant Participation Fee The Annual STAR Merchant Participation Fee of $6 per participating merchant location or website applies to all merchants enabled on the STAR network. Per the terms of your WorldPay customer processing agreement, this fee is passed along to you and will appear on your September 2013 WorldPay processing statement.