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MasterCard Vs. Visa: Dueling Compliance Philosophies
Posted on August 19th, 2009 No commentsPeople don’t seem to “get” MasterCard. For most of the last 4 years, MasterCard has been criticized for their apparent willingness to let Visa play the “bad guy” who issues fines to acquiring banks (and, through them, to merchants), who extends the PCI standards to application vendors (through PABP, now PA-DSS) and who generally takes the heat for PCI.Now MasterCard is taking what can only be called a “get tough” policy, issuing larger fines and, most significantly, forcing both Level 1 and Level 2 merchants to use assessors rather than take on the task of self-assessment.
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MasterCard Vs. Visa: Dueling Compliance Philosophies
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