Is Vin65 compliant with the new reg that takes affect on 1/1/17?
MASTERCARD UNIQUE TERMINAL ID MANDATE
What is happening?
Effective January 1, 2017, merchants who do not adhere to the MasterCard Unique Terminal ID mandate which requires unique terminal identifiers for each independent card reading device in a single location, will fall into a status of noncompliance with MasterCard. For each transaction that violates this mandate, you may be assessed a fine by MasterCard.
All merchants with multiple card-reading devices, such as PIN pads, connected to a single host terminal are required to have each of their devices identifiable with a unique Device ID number to remain compliant and avoid fines from MasterCard.
What do you need to do?
To ensure you comply with the mandate, contact your point of sale partner immediately. Card reading devices are required to send separate and Unique Device ID numbers by January 1, 2017.
I got followup email from Worldpay, nothing is required (whatever the heck it is) until the end of June at the soonest. Here:
On December 20, 2016, you received an email from Worldpay regarding new mandates from Mastercard. We are sorry for any confusion this email may have caused. Below you will find clarification on the two mandates: Mastercard Unique Terminal Identification Numbers (TIDs) and 2-Series Bank Identification Numbers (BINs).
While the Mastercard Unique TID mandate goes into effect January 2017 there are NO fines for this non-compliance until December 2017. This mandate only affects customers using an integrated point-of-sale system with multiple devices per location. If you need to take any further actions regarding this mandate, Worldpay or your point-of-sale provider will communicate with you in the near future.
Mastercard 2-Series Bank Identification Numbers (BINs)
The Mastercard 2-Series BIN mandate applies to all customers using integrated point-of-sale systems and/or stand-alone payment terminals. While we encourage you to comply with this mandate no later than May 1, 2017, there are NO fines for this non-compliance until June 30, 2017. If you need to take further action, Worldpay or your point-of-sale provider will contact you with instructions in advance of any necessary changes.
Worldpay values your business and sincerely apologizes for any confusion our prior communication may have caused you.
