Don’t Lose Sales! Mastercard comes out with new 2-BIN card series June 2017

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MasterCard has implemented a “mystery shopping” program to assess how many businesses are ready for this.

If a business owner doesn’t have this update completed – when a customer tries to pay with the new 2-series card, the terminal will give them a “DECLINE”.

Lost sale to merchant, lost money for MasterCard on card fees.

Some merchants will only require a new software update to process sales  if they have recent model credit card terminals.  Others will need to invest in new hardware to be able to load the ability to accept them.

Even credit card terminals as new as 2012 may not have the ability to accept the new download.

Visa, American Express and Discover will be following with their new BIN numbers.

Don’t lose sales and don’t get fined!   Call or email today to see if your equipment is ready.

Merchant Savers
Mary Beth Stenzel
Direct:  303-268-5506

Merchant Savers is a Credit Card Payment service specializing in providing businesses with high volume credit card sales the lowest possible Interchange Fees. Since 2008 we have partnered with businesses nationwide to achieve lower costs in credit card fees while accepting payments through Retail,Telephone Order and Internet Sales.