Mastercard

Credit card signature requirement is ending

The beginning of the end of the credit card signature has started. Last week, VISA, MasterCard, Discover, and American Express announced that they will no longer require signatures for in-store purchases. Many retailers may still want to use signatures to verify purchases…

MasterCard Update regarding BIN 2 Range: What you need to know

Starting in January of 2017, card issuers can begin issuing a new version of MasterCard. Pull out your wallet and you’ll see that the account number on your card starts with a “5”. The first six digits of your account number, otherwise known as the Bank Identification Number (BIN) determine how transactions are routed and identify your issuing bank.