Blog: Compliance notice

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 […]

In compliance with recommendations of the Financial Action Task Force on Money Laundering Prevention, an international Anti-Money Laundering (AML) body, CommerceGate is going to put the additional country in its internal blacklist. In our continuous efforts to keep up with the latest updates concerning International Anti-Money Laundering Regulation, we would like to advise you that […]

In compliance with recommendations of Financial Action Task Force on Money Laundering prevention, an international Anti-Money Laundering (AML) body, CommerceGate is going to put additional countries in its internal blacklist. The below list comprises the jurisdictions that are already blocked for transaction processing in our internal system: Afghanistan AF Bosnia and Herzegovina BA Cuba CU […]