Newly implemented guidelines require additional information on a merchant’s basic location. A merchant account lacking an address upon checkout may suggest illegal activity. By including outlet location information for merchants and their partners, an acquirer can have a truer picture of the payment path.
Knowing the basic location information for merchants allows acquires to better protect themselves while fulfilling card scheme guidelines, government regulations and regional laws. To ensure your portfolio is compliant with these new rules and regulations, G2 has created Merchant Outlet Check.