Mandate Review

Mandates – What are they?

Network vendors in the card processing marketplace deliver important communications to their clients and data processors that can contain required programming changes and important information, sometimes with short deadline dates. These are referred to as “Mandates”.

Mandates can be a result of regulation changes, VISA/MasterCard rules, or improved processing or changes from the EFT vendor. We want to keep you updated on how our priorities are set and changes that are forced into those priorities for platform compliance.

We use communications from the EFT vendors delivered through our  ‘Mandate” delivery channel or directly from you! We appreciate the time you take to insure we are up to date on these requirements!

Please forward these communications to the SettleMINT EFT Team at eftsolutions@cuanswers.com so we can keep everyone informed!

We appreciate your input.

Questions can be sent to settleminteft@cuanswers.com

Updated
February 13, 2018

A Note from SettleMINT: A Reminder About Card Number Update Projects

A Note from SettleMINT: A Reminder About Card Number Update Projects

In June of this year, we sent out a notification that we were working on a mandate for Visa Account Updater/Account Billing Updater. Visa Account Updater (VAU) is a service that facilitates and encourages customer satisfaction, retention and loyalty, by exchanging updated account information between participating merchants and Visa card issuers.  Serving as an automated,… Read more »

Sep 10, 2020

Reminder: iPay Clients will Transition from MASTER Site to iPay Portal on September 3rd

Reminder: iPay Clients will Transition from MASTER Site to iPay Portal on September 3rd

Beginning September 3rd, 2020, your institution will go live with iPay Portal.  Once iPay begins transitioning your institution to iPay Portal, your MASTER Site users will have 30 days to enroll in iPay Portal using their existing MASTER Site login credentials. During the transition, when MASTER Site users log in, they will receive a message… Read more »

Sep 2, 2020

CU*Answers assists Evergreen Credit Union in converting credit card portfolio into CU*BASE

The CU*Answers SettleMINT EFT Team converted 563 credit card loans for Evergreen CU to CU*BASE’s online credit card platform. Evergreen Credit Union, located in Neenah, WI, brought their credit card portfolio in-house. “Credit unions moving to the online credit card platform typically see a 35%-45% overall savings and it allows the credit unions to quickly […]

Aug 28, 2020

Reminder: iPay Clients will Transition from MASTER Site to iPay Portal on September 3rd

Reminder: iPay Clients will Transition from MASTER Site to iPay Portal on September 3rd

Beginning September 3rd, 2020, your institution will go live with iPay Portal.  Once iPay begins transitioning your institution to iPay Portal, your MASTER Site users will have 30 days to enroll in iPay Portal using their existing MASTER Site login credentials. During the transition, when MASTER Site users log in, they will receive a message… Read more »

Aug 27, 2020

Reminder: iPay Clients will Transition from MASTER Site to iPay Portal on September 3rd

Reminder: iPay Clients will Transition from MASTER Site to iPay Portal on September 3rd

Beginning September 3rd, 2020, your institution will go live with iPay Portal.  Once iPay begins transitioning your institution to iPay Portal, your MASTER Site users will have 30 days to enroll in iPay Portal using their existing MASTER Site login credentials. During the transition, when MASTER Site users log in, they will receive a message… Read more »

Aug 17, 2020