We want to inform you of the upcoming changes in the UK and the European cards processing. From the 1st of January 2021, the United Kingdom is no longer part of the EEA, Mastercard and Visa have announced revisions to interchange rates applicable to the payment transactions between the UK and the EEA. The new […]

On the 14th of April 2021, Mastercard issued an updated set of rules and requirements for Merchants operating with the content for Adults within “AN 5196 Revised Standards for New Specialty Merchant Registration Requirements for Adult Content Merchants” (see https://www.mastercard.com/news/perspectives/2021/protecting-our-network-protecting-you-preventing-illegal-adult-content-on-our-network/). The updated list of Mastercard requirements aims to prevent the distribution of illegal adult content across the […]

Desde enero de 2021, el Reino Unido ya no forma parte de la Unión Europea. Como consecuencia, Mastercard ha anunciado un nuevo Acuerdo de Servicios Comerciales (BSA) que tendrá un impacto en las tarifas de las transacciones en el comercio electrónico entre el Reino Unido y la Comunidad Económica Europea (CEE). Actualmente las transacciones entre […]

January 2021, the United Kingdom is no longer a part of the European Union. As a consequence, Mastercard is announcing a new Business Service Arrangement (BSA) which will impact on interchange fees for UK-EEA consumer card-not-present transactions. These transactions between the UK and EEA countries are currently charged  0.20% for debit cards 0.30% for credit […]

Introducción El comercio online con países de América Latina no es efectivo. La baja penetración de tarjetas de crédito y el bloqueo de compras internacionales disminuyen la venta online desde la UE. Esto implica que: Hay usuarios que no pueden acceder a servicios que pueden pagar; La venta online no alcanza el potencial de ingresos […]

Overview On the way of our journey to “open” LATAM market and to grant access to local acquiring solutions and local payment methods for EU merchants we’d like to announce that Brazil being the first country where we ready to service our clients, while Mexico, Chile, Colombia and Peru coming later this year.   Brazil is one of […]

In the series of Trade Dialogue lectures/Webinar series organised by WTO and ITU, CommerceGate took part in the panel discussion dedicated to the trading implication of cyber-security risks and confidence-building. During the panel discussion, the participants shared their views on the current state of cyber-security at a global level, identified gaps in cyber-security regulation and […]

CommerceGate were excited to invited to the second session of the WTO Trade Dialogues initiative and present how cross-border data flows are key within the Global Ecommerce Payments Industry. Please, see our CCO – Paul Barclay explain how and where data flows fit into the equation to make an online payment! Youtu.be >> International trade increasingly relies […]

From 17th of October 2020, VISA is introducing new Merchant registration requirements for a number of MCCs and business types. Merchants subject to new registration requirements, based on the information available to Commercegate from our upstream Acquirers, would be subject to a 500 USD annual fee for VISA registration (similar to MRP program by MasterCard). Merchants in […]

Wirecard collapses owing $4 billion To all the affected merchants and partners of this sad news, going forward we will all need to undertake our own thorough due diligence and choose our future payment partners carefully, checking their heritage, their regulator and satisfy every test; especially around segregated client funds and security. Transparency, Stability, Contingency […]