Americas

Global

EMEA MANDATES

C A R D   B R A N D :   M A S T E R C A R D

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Contactless Single Tap + Online PIN (PIN Online)

Region: EMEA

Assumes each country will meet applicable Contactless Online PIN support.

The cardholder will have the same experience for high value transactions (HVT) and LVTs when authentication is required: cardholders will tap their cards on point-of-sale (POS) and enter their PIN code upon request.

The combination of an online PIN and single tap will allow contactless to become the preferred payment method for every face-to-face transaction for any amount.

Effective:

October 15, 2022

C A R D   B R A N D :   V I S A

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Online Credits/Refunds – requirement for online authorization for all credits/refunds

Region: EMEA

This initiative is part of the global effort to reduce fraud.

Effective:

April 2022

P S D 2

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SCA European Regulation

Region: EMEA

Mandatory support of PSD2 requirements for Strong Customer Authentication (SCA) AND 3DSV2.

PSD2 applies to all electronic payments - including proximity, remote and m-payments - within the European Economic Area (EEA). The SCA mandate is complemented by some limited exemptions that aim to support a frictionless customer experience when transaction risk is low.

Note: For 3DS v1/v2 support, please see Mastercard and Visa Global announcements in Global Listing

Effective:

September 14, 2019

E U R O P E A N   C E N T R A L   B A N K

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DCC Markup Transparency

Region: EMEA

European Central Bank (ECB) regulation to increase transparency of currency conversion charges, for Dynamic Currency Conversion (DCC) providers as well as for non-DCC providers (payment service providers).

The currency conversion charges, for both PSPs and DCC providers, for all card-based payments should be expressed as a percentage mark-up over the European Central Bank’s latest available euro foreign exchange reference rate(s).

DCC providers must disclose information on their charges in a clear and accessible manner the payer shall remain free to refuse DCC and use non-DCC for the transaction.

Payers’ Payment Service Providers must make the information on their DCC charges easily accessible on electronic platforms.

Effective:

April 17, 2021

F R E N C H   L A W

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End of Systematic Transaction Receipt Printing

Region: EMEA | France

France to end systematic paper receipts for transaction less than 25€ (VAT included) Applies to cardholder and merchant receipts.

Effective:

January 2023

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