Payment trends and updates you need, brought to you by the PayTrace Insider
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Visa's new Commercial Enhanced Data Program (CEDP) takes effect in October. Hear from Greg Castro, President of PayTrace, on what changes the industry will see and how PayTrace is uniquely poised to meet them head on.

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New PayTrace Product List Feature Helps You Comply with New CEDP Requirements

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The goal of Visa's CEDP is to reduce fraud and improve the quality of the data that is submitted to qualify B2B and B2G transactions for discounted processing rates.

 

As we are committed to helping merchants qualify for the best interchange rates, we have launched a new product list feature that helps them to:

  • Enter their catalog of products into the PayTrace Virtual Terminal
  • Submit enhanced data with each transaction
  • Comply with Visa’s new CEDP requirements

 

MORE ON THE PRODUCT LIST FEATURE >>

Visa's CEDP and the PayTrace Product List

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In this webinar, you'll:

  • Learn more about the CEDP requirements
  • Gain an understanding of how PayTrace is supporting merchant compliance
  • See a brief demo of the new Product List feature and how easy it is for your merchants to use

WATCH VIDEO >>

Is Your Team Ready for CEDP?

TSG CEDP article

We collaborated with TSG to discuss what Visa's CEDP means for everyone in the payments space, especially acquirers and processors. 

 

Featuring our VP of Product, Jeremy Boogaart, the article shares key insights, including:

  • Why CEDP is more than a pricing update
  • Why acquirers and processors need workflows in place to handle the upcoming operational challenges
  • What risks acquirers face with delayed reclassifications and residuals
  • What PayTrace is doing to bridge the gap while the industry catches up

 

READ THE ARTICLE >>

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