E-commerce gives us the ability to make purchases anywhere and at any time. While this convenience is appealing to consumers, it makes tracking merchants difficult for acquirers. Knowing the basic location information for merchants allows you to fulfill card scheme rules, government regulations, and regional laws.
On October 15, 2016, Visa implemented new regulations regarding merchant outlet locations. The new regulations require confirmation of the transaction address and business correspondence address.
For more than eleven years, G2 has been monitoring merchant websites for the largest global community of acquirers. As your partner in portfolio protection, G2 has created Merchant Outlet Check to help you comply with these new regulations. Merchant Outlet Check can be customized for your organization. Portfolios can be monitored at the level and cadence you determine. Beyond monitoring for merchant outlets, additional checks can be done on merchant mismatches and policies.