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Table of Contents

Lead Story

Online networking has come of age: Is your next sale a mouse-click away?


Industry Update

East Coast cabbies "walk" over payment requirements

Visa says upgrade or pay

Fair Isaac and NYCE tag team against data thieves

Mercator weighs upstart payment options

Help someone soar on NAOPP's board

2007 & 2008 calendar of events


GS Advisory Board:
Unsettled economic times - boon or bust? Part I

Advanced-function ATMs register on college campuses

Bill Yackey


A quick test to up your ethics quotient - and profits

Steve Schwimmer
Renaissance Merchant Services

Fewer checks, faster process

Patti Murphy
The Takoma Group


Street SmartsSM:
Would you rather have a boss or be your boss?

Dee Karawadra
Impact PaySystem

Time's up for one cash advance patent

Adam Atlas
Attorney at Law

Raising the green bar: EV SSL

Mike Petitti

Think negative

Nancy Drexler
Marketing Moguls

Merchant account fees demystified

Jason Felts
Advanced Merchant Services Inc.

Company Profile

YourTownMall Business

New Products

Secure customer data by not storing it

MES e-Commerce Payment Gateway and MES Virtual Terminals
Merchant e-Solutions

Virtual assistant for real biz travel

Verbal Expense Tracking
Virtual Management Inc.


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Resource Guide


A Bigger Thing

The Green Sheet Online Edition

September 24, 2007  •  Issue 07:09:02

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Visa says upgrade or pay

April 5, 2008, will bring more than showers and flowers to petroleum retailers, as Visa U.S.A. institutes significant changes. The card Association intends to implement new terms for all card transactions at automated fuel dispensers (AFDs).

The changes will include higher chargeback protection limits and a fee on merchants who are unable to support partial authorization for AFD transactions. Transaction limits will rise from $50 to $75, which will necessitate partial authorization for some customers' transactions.

Certain merchants do not have the technical capability to comply with the change. Visa will motivate them by charging 1 cent per transaction to those who do not upgrade equipment in accordance with the new limits. The charge is called a partial authorization nonparticipation fee (PANPF).

Having the partial authorization in place is intended to increase the number of successfully completed transactions, especially for Visa prepaid and check cards. In April 2010, Visa plans to eliminate the PANPF fee, at which time partial authorization capabilities will be mandatory for merchants to qualify for the Custom Payment Service/AFD interchange rate.

How it will work

Once the changes are in place, everything will work much the same as today, as long as customers have at least $75 available in their accounts for the pre-authorization hold. If customers do not have $75 available, merchants who have PANPF capability will get an authorization message, allowing for a lower dispensing limit.

Visa strongly encourages merchants, processors and vendors to begin determining now how best to prepare for the new requirements. Even merchants who have few AFD transactions and opt to pay the fee will no longer have that choice by 2010.

Merchant level salespeople can help their customers weather the coming storm by urging them to upgrade their equipment soon.

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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