Mastercard & Visa

[macrunning]

Recently our client got a letter from Wells Fargo regarding a May 1st deadline on updates for the MasterCard debit and prepaid card authorization. Has anyone heard of this and how does this effect the SquirrelCart shopping cart software? Is there an update needed for squirrelcart or is this something that is handled by the authorization company?

[barback]

I just heard about this today from a client who uses Authorize.Net.

Here's details from an email she got from Authorize.Net:

What are the requirements?
MasterCard and Discover are requiring that all merchants support the following:
+ Balance response transactions — For prepaid and gift cards, once the card has been used, the remaining account balance will be transmitted along with the authorization response. The remaining balance must be printed on the customer receipt, displayed on the Web page or point-of-sale terminal, or both.
+ Partial authorization transactions — When a customer's transaction amount exceeds the balance available on their debit, prepaid or gift card, instead of declining the transaction, a partial authorization for the amount available to the customer will be returned. This will allow the customer to pay for the remaining amount with another form of payment. This is called a split-tender transaction.
+ Authorization reversals — An authorization reversal is a real-time transaction initiated when the customer decides that they do not want to proceed with the transaction, or if the merchant cannot complete the transaction for any reason. Authorization reversals free up the customer's available balance on their debit, prepaid or gift card.

What steps is Authorize.Net taking to support these requirements?
Authorize.Net will be updating our systems over the coming months to support the requirements, but will be dependent on each processor's readiness. For a table of when we anticipate we will support the requirements with each processor, please visit http://www.authorize.net/support/pafaqs/#when.

What do I need to do to support the requirements?
The steps that you will need to take to support the requirements depend on how you connect to the payment gateway. For example, if you connect using a shopping cart, point-of-sale device, or other solution, you will need to contact your solution provider to confirm that they will be supporting the requirements. If you connect using a direct integration, you should contact your Web developer for assistance. Please direct your Web developer to http://www.authorize.net/support/pafaqs/#do for information on the changes they will need to make.



Jamie --- can you help with this?

[macrunning]

Thanks barback. I got that same letter from my client. That is why I posted something on here, to find out if we needed something from squirrelcart to update before the change over.

[Jamie]

I'm looking into this. I'll get back to you in a day or two with more info.

[designwerks]

I'm sure glad I don't use gift cards or prepaid on my site after reading those new "rules"...

John

[idaryl]

I too received notification from clients concerning this:

They received notes about the "new" changes and now are all jumping up and down making statements like 'is this going to stop the store from working???"

[Jamie]

All those questions are answered here:
http://www.authorize.net/support/pafaqs

[ITPDiesel]

I just got the same letter. Will SC be getting support for these functions?

[Jamie]

Yes

[macrunning]

Thanks for the link, but I think we've all been provided info from Authorize.net on this We are wondering if we need an update from SC on this? If so what do we need to do and when will it be available?

[Jamie]

We are wondering if we need an update from SC on this?

Yes.

If so what do we need to do

Wait until I release an update.

and when will it be available?

Before June 30, 2011 deadline they have announced.