Hi All
Can see why webshield jumped at isx’s product mix. It really complements their business and will also open doors to further business for isx in Europe. It’s a win : win
Initially I was looking for the definition of MMSP and came across this information.
Another thing that stood out, was the amount of rules and regulations that JK and the team, has to be aware of for isx to be principal members of Visa and Mastercard in this case. It’s so detailed and precise, it’s a good thing he’s a lawyer. His legal knowledge alone would save the company tens of thousands of dollars ever year.
http://webshieldltd.com/archives/mastercard-merchant-monitoring-service-provider/
7.1.7 Merchant Monitoring Service Provider
A Merchant Monitoring Service Provider (MMSP) is a Service Provider that monitors Merchant Activity and Merchant website URLs to determine compliance with the Standards pertaining to the Merchant Monitoring Program and to detect unauthorized Transaction activity, which may include but is not limited to Transactions that are not authorized by the Cardholder or that arise from business that is not bona fide or was not fully disclosed to the Acquirer or Payment Facilitator, as applicable.
https://www.e-complish.com/wp-conte...terCard-Rules-and-Guidelines-for-Merchant.pdf
See page 122
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Hi All Can see why webshield jumped at isx’s product mix. It...
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