Customer news updates | 2019

Card payment processing is a highly regulated industry, since it deals with sensitive, private financial information. These regulations protect all parties involved — cardholders, merchants, acquirers and issuing banks. Elavon stays current and compliant with all applicable regulations. Our goal is to ensure you're aware of what's happening within the industry, in order to remain compliant. See below for the latest news relating to scheme changes, customer updates and data security.

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Your rights when making payments in Europe

19 December 2019

EU rules mean your electronic payments are becoming cheaper, easier and safer. Here’s how.

European Commission Decision: Inter-Regional Interchange Rates Reduction

12 June 2019

The European Commission has announced its decision to adopt revised inter-regional interchange rates. These new interchange rates apply to international consumer transactions at merchants in the European Economic Area (“EEA”). The new rates are;

PSD2 – latest update

9 September 2019

Visit our new PSD2 customer page designed to inform and help you through the transition period.

Fraud Alert Notification

29 November 2019

As your payments provider we’re always looking for ways to help you to process card payments efficiently. We have seen a rise in recent months of fraudsters initiating fraudulent sales and refunds by distraction of a cashier or access to a card terminal that was not properly secured.

ID Pal Application

23 October 2019

Further to our letter requesting a completed Beneficial Ownership form and valid photo ID, you can download our secure ID Pal application to your Mobile, Tablet or PC

Guiding you through PSD2

21 May 2019

The European Commission introduced the Payment Services Directive 2 (PSD2) to make payments safer, increase consumer protection and to foster innovation and competition. One of the more significant impacts of PSD2 relates to eCommerce transactions and the need to implement Strong Customer Authentication (SCA) from 14th September 2019.

Update to the Definition of Secure and Non-Secure Transactions

9 January 2019

Elavon recently informed you of an update to the definition of secure transactions as outlined in the Schedule of Fees (SOF) effective from 1 January 2019. The update relates to the treatment of secure and non-secure transactions.

Updated Terms of Service (TOS) – Effective 14 September 2019

30 June 2019

Elavon has updated its Terms of Service, effective from 14 September 2019. There are two main areas of changes: 1) As a result of the introduction of the Payment Services Directive 2 (PSD2) 2) Updates to Data Security Payment Card Industry (PCI).

 

Guiding your through PSD2: Interim Solution Instruction for the Travel and Hospitality Industry Read more

 

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