Way4 Release News

Compliance with new Visa Reporting Requirements in LAC

Written by Guest User | October 12, 2021

<Product enhancements>

To help issuers and acquirers in Latin America and the Caribbean comply with Visa’s new mandatory reporting requirements, we have added support for new metrics and data structures in Way4 Datamart. 

The 2021 version of Global Operating Certificate Tool requires payment scheme members to collect and send new data types to Visa. One new mandatory metric is the market share of Visa cards managed by members. In Way4 Datamart, all market share statistics are divided by card product (credit, debit, prepaid), and exported to a dedicated Excel file.