Payment Card Newsflash

9/9/2014 Home-improvement retailer Home Depot officially confirmed a data breach on Monday. Home Depot’s investigation is focused on transactions made as far back as April and affecting all of Home Depot’s 2,200 stores in the United States There is no evidence that shoppers’ debit PIN numbers were compromised, according to a statement the retailer released […]

Dear UF credit card merchant: This just in – a Credit Card Scam ALERT directed at Educational and Non-Profit merchants, received from our payment card processor Elavon, Inc. Your Banking & Merchant Services Payment Card Team Newsflash #002: “Our investigations have indicated fraudsters are targeting educational and non-profit merchants. The scam normally involves the merchant […]

Effective April 1, 2012 Visa requires universities to enter a zip code for ALL key entered transactions to qualify at the best possible interchange rate. If AVS (Address Verification System) is not entered the transaction will downgrade to a more expensive interchange rate. Going forward, you need to enter the zip code on all manually […]