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Heartland Payment Systems is honored to partner with the Kansas Restaurant & Hospitality Association. We are committed to the growth of the hospitality industry and your success. Rest easy knowing our payment processing solutions will leave you with more time for what’s important – making your guests feel right at home.

 

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Top tags: #Heartland Payment Systems  #Mastercard Requirements  credit card processing  KRHA partner 

Mastercard to Require Acceptance of 2-Series Credit Cards

Posted By Lisa Graham, Friday, April 7, 2017

Beginning June 30, 2017, MasterCard will require all point-of-sale systems to accept credit cards with Bank Identification Numbers that begin with a 2. Currently, all MasterCard cards issued begin with 5. The new 2-series cards will effectively double the number of available MasterCard credit cards worldwide and will be processed in the same manner as current MasterCard cards.

 

Please note that if you are using a third-party POS system, you should contact your provider to determine if any action is required for your system to accept the new 2-series cards. Not only could you potentially lose revenue if your system isn’t ready, but it could also result in non-compliance penalties by MasterCard or your processor. 

 

The MasterCard fee schedule for non-compliance is as following:

 

  • Up to $2,500 per occurrence for first 30 days
  • Up to $5,000 per occurrence for days 31-60
  • Up to $10,000 per occurrence for days 61-90
  • Up to $20,000 per occurrence for subsequent violations

For more information, contact Angela Ihry, Senior Director Business Development, Heartland Payment Systems at 605-940-9861 or angela.ihry@e-hps.com .


We encourage you to contact a KRHA Allied partner if you have specific questions regarding this topic. 

 

 

Heartland Payment Systems

Patrick Schreiner

patrick.schreiner@e-hps.com

www.heartlandpaymentsystems.com


Tags:  #Heartland Payment Systems  #Mastercard Requirements 

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Heartland Payment Systems Credit Card Processing

Posted By Lisa Graham, Wednesday, January 25, 2017

 

 

Make your lodging guests feel right at home.

 

Secure, Flexible Card Processing

Take payments securely anywhere, via any method on any device. Heartland Secure uses EMV, end-to-end encryption and tokenization to protect your customer’s card data and is backed by one of the only comprehensive breach warranties in the industry.

 

Transparent Pricing

Through an interchange-plus pricing model, you’ll always know how much you pay us and how much goes to the card brands.

 

Fast Funding

Regardless of bank relationships, you’re eligible to receive your money from all card transactions the very next business day – including weekends.

 

Robust Reporting

Check batches, deposits and transactions, run reports, download data, view statements, dispute transactions and order equipment, all in real time 24/7/365 through Heartland’s robust portal.

 

Customer Service

Our U.S.-based service center provides live customer support 24/7/365, with calls answered in less than ten seconds on average.

 

At Heartland, we offer reliable solutions you can trust. Let us help you with the complexities of payment processing, so you can focus on what you love most about running your business. 

 

For more information, contact Angela Ihry, angela.ihry@e-hps.com, 605-940-9861. Learn more about Heartland products at heartland.us.

 

 

Tags:  credit card processing  KRHA partner 

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