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

Join Us for a Conversation on Plastics: MAP Vendor

Join Us for a Conversation on Plastics: MAP Vendor

From fraud mitigation to mandates, batch maintenance to digital issuance, vendor consolidations, and everywhere in between, Conversations on Plastics is another avenue that allows SettleMINT EFT to explore the complex and exciting world of ATM, debit, and credit cards!  Register for our upcoming Conversations on Plastics for a discussion on Member Access Processing (MAP)!  Join… Read more »

Mar 15, 2024

A Note from SettleMINT: Postage Fee Increase for Paymentus

A Note from SettleMINT: Postage Fee Increase for Paymentus

Attention Paymentus Bill Pay/P2P Credit Unions Paymentus has notified us that they will be increasing the postage fee by $0.0053, effective March 1st, 2024.  This postage increase is based on recent increases by the USPS.  This updated transaction rate will be reflected starting with your April 2024 invoice. If you have any questions, please reach… Read more »

Feb 20, 2024

Now Available: New Enhancement for Paywatch Fraud Monitoring

Now Available: New Enhancement for Paywatch Fraud Monitoring

Attention Paymentus Bill Pay/P2P Credit Unions A new enhancement to Paywatch Fraud Monitoring is now available!  With this enhancement, the SettleMINT EFT team has the ability to add email addresses to receive communications indicating that there are Paywatch Alerts which need to be decisioned. If your credit union would like to have one or more… Read more »

Feb 7, 2024

A Note from SettleMINT: Billing for Paymentus Postage Adjustment

A Note from SettleMINT: Billing for Paymentus Postage Adjustment

Attention Paymentus Bill Pay Credit Unions Over the past couple of years, there have been some pricing adjustments from Payments which were related to postage increases.  These pricing increases were communicated to credit unions via earlier announcements. As those announcements stated, our plan was always to pass along these increases to your credit union, but… Read more »

Feb 5, 2024

Effective 2/1/24 for Paymentus Clients: Billing for Per Transaction Fees & Usage Fees

Effective 2/1/24 for Paymentus Clients: Billing for Per Transaction Fees & Usage Fees

Attention Paymentus Bill Pay Credit Unions If your credit union offers P2P only with Paymentus, please note that in your contract, you were advised that you would be charged a per transaction fee along with monthly minimums that you would need to meet (aka usage fees).  From the date that your credit union went live… Read more »

Feb 5, 2024