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 BIN Range Requirements for Canadian Merchants.
Three major standards changes are hitting the POS industry this year. How can POS developers and resellers prepare for them?
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.