As a valued partner in the payment industry please be advised of Important Changes to MasterCard and Visa Rules And Card Acceptance Practices
Please take a moment to review the two notices. They outline important MasterCard and Visa rules changes and card acceptance practices relative to settlements that the U.S. Department of Justice entered into with Visa and MasterCard. Both Visa and MasterCard have instructed processors to send each merchant in the U.S. and its territories written notification of the rules.
Merchants may now offer free or discounted product or service in addition to rebates in promoting the use of a particular brand type.
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