registration programs - mastercard · jessica macri, program manager, global registrations...

Registration ProgramsOverview & Comparison

Franchise Management, Global Registrations

Jessica Macri, Program Manager, Global Registrations

[email protected]

+1-914-249-3249

Trainer’s Business Card

Service Provider Overview

mailto:[email protected]

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Maste rCard i s ded ica ted to mak ing payments sa fe , s imp le , and smar t .

Registration Programs


MasterCard Stance


• MasterCard does not object to a Customer’s use of a third party, but does need to know what

third party(ies) support a particular Customer, and the nature of the support provided.

• A Service Provider may only perform the Program Services it is registered to perform.

• Registration of Service Providers allows MasterCard to identify and mitigate potential risks

that any 3rd

party may present.

• Rules concerning Service Providers are set forth in Chapter 7 of the MasterCard Rules

manual



Service Providers are classified into eight categories based on the services provided.

Service Provider Categories


1. Independent Sales Organization (ISO)

2. Data Storage Entity (DSE)

3. Third Party Processor (TPP)

4. Digital Wallet Operator (DWO)

8. Service Provider Registration Facilitator (SPRF)

5. Payment Facilitator (PF)

6. Merchant Monitoring Service Program (MMSP)

7. Digital Activity Service Provider (DASP)

[email protected]


Payment Facil itator

Overview & Comparison


Payment Facilitator Model

A c q u i r e r s S u b m e r c h a n t s

D i r e c t C o n t r a c t D i r e c t C o n t r a c t

P a y m e n t F a c i l i t a t o r


R u l e s c o n c e r n i n g P a y m e n t F a c i l i t a t o r s a r e s e t f o r t h

i n C h a p t e r 7 o f t h e M a s t e r C a r d R u l e s m a n u a l


PAYMENT FACILITATOR MODEL

Acquirer’s Responsibilities

A c q u i r e r s

• Register each Payment Facilitator

• MATCH query on each proposed submerchant

• Register all high risk submerchants in MRP tool

• Submit all non-processed transactions quarterly on form

1235

• Enter into a direct Merchant Agreement when submerchant

combined MasterCard/Maestro sales volume exceeds the

$1,000,000 USD threshold

• Submerchant must be in the same area of use as

the Acquirer

• 100% responsible for all activity of the Payment Facilitator

& each of its Submerchants.


PAYMENT FACILITATOR MODEL

Payment Facilitator Responsibilities

P a y m e n t F a c i l i t a t o r• Must conduct thorough due diligence on each

submerchant contracted

• Must be PCI Compliant

• Must monitor each submerchant’s activity to ensure

compliance with MasterCard’s standards and applicable

law and regulations

• Must only use settlement funds to pay submerchants

• Must not be a submerchant of any other PF, nor be a PF

for another PF


Payment Facilitator Registrations

Asia / Pacific

219

Europe

324

Middle East /

Africa

31

Canada

18

United

States

158

Latin America /

Caribbean

68

Total: 818

* Based on Acquirer location

Franchise Management, Global Registrations

Marketplace vs . Payment Fac i l i tator

Overview & Comparison

W h a t ’ s t h e ca rdho lde r ’s e x p e r i e n c e l i k e ?


Marketplaces

Cardholder Experience:

• If the cardholder searches for, selects, pays for the goods or services on

the same website, without being directed to any third party the merchant

is a marketplace.

• Most marketplaces are not Payment Facilitators and do not need to be

registered with MasterCard.

• The cardholder’s statement will have the marketplace’s name.


Payment Facilitators

Cardholder Experience:

• When the cardholder is ready to pay for the goods or services, they are

directed to the Payment Facilitator’s website to process the payment.

• Cardholder interacts with the submerchant for refunds and customer

service.

• Cardholder’s statement will have both the PF & Submerchant name.


Payment Facilitators – Questions?

registration programs - mastercard · jessica macri, program manager, global registrations...

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