[UPDATE] Mastercard Requires Support of Current Contactless Cardholder Verification Method (CVM) Limits for All Regions

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[UPDATE] Mastercard Requires Support of Current Contactless Cardholder Verification Method (CVM) Limits for All Regions

The Program: Mastercard periodically reviews and may revise the Contactless Cardholder Verification Method (CVM) limits for certain regions.

The Change: As part of their Data Integrity Monitoring Program, Mastercard is actively reviewing merchant terminal data to ensure the device’s contactless CVM limits are set in accordance with their published values (MC Edit Number 15).

The Impact/Action Required: To provide for a frictionless cardholder experience, merchant terminals must be configured with the correct contactless CVM limits by region as outlined below.

Update: Non-compliance fees will be charged to merchants identified by Mastercard as having incorrect CVM limits set in their payment terminals. All merchants should ensure proper contactless CVM limits are set in their devices no later than June 30, 2024, to avoid potential non-compliance fees.