Rules for storing and using stored cards changed for merchants in 2017, yet many payment gateways in 2019 still don’t support the transaction requirements, opening risk of issuer chargeback, fines, and assessments to merchants. Since the card networks are now notifying acquirers of non-complaint merchants, it’s time to get serious about making updates.
The four types of stored credential transactions are recurring billing, installment billing and Unscheduled Credential On File, where buyer agrees to store the card and future transactions will be initiated either by merchant or buyer. Read more about the stored credential rules either by searching the blog for ‘credential’ or click here for card network rules. The payment gateway manages most of the compliance after merchants make the appropriate changes for standalone or integrated solutions, but merchants also have responsibility for getting the proper wording and opt-in record keeping for agreements to store cards.
Which payment gateways support authorization requirements for stored credentials? Ask gateways if they support your specific card not present transaction type. Even if they do, merchant compliance is not automatic and merchants cannot rely on web developers to automatically get them updated either. This list is valid as of today. Please comment below if you have new information about updates or more payment gateways to add to the list.
- Authorize.net- No, see developer forum for updates.
- Bluepay- Unable to determine.
- Braintree- Yes, added MasterCard 1/18/19, Visa 2018.
- CenPOS– Yes, since 2017, all transaction types. CenPOS does not publish developer information online. See contact info below for sales, integrations and developer assistance.
- Cybersource- No, not if this article is still valid.
- Ingenico- Maybe. Yes, with Ingenico ePayments DirectLink on the international web site, but I was unable to find the related developer code for updating US ePayments needs.
- Orbital (Chase)- Unable to determine.
- Payeezy (First Data)- Yes, developer instructions.
- PayFlow Pro- Unable to determine, doesn’t look like it.
- Shift4 – No.
- Vantiv/WorldPay- Maybe. With the merger of these companies, merchants might or might not be using a payment gateway that supports it. Developer info for Worldpay.
Call Christine Speedy, CenPOS Global Sales. 954-942-0483, 9-5 ET for a payment gateway compliant with stored credential rules that can be quickly implemented. CenPOS is an integrated commerce technology platform driving innovative, omnichannel solutions tailored to meet a merchant’s market needs. Providing a single point of integration, the CenPOS platform combines payment, commerce and value-added functionality enabling merchants to transform their commerce experience, eliminate the need to manage complex integrations, reduce the burden of accepting payments and create deeper customer relationships.