MasterCard/Visa Remove Reciprocity standard
...eciprocity statements from their level definitions. Discover still has the reciprocity statement on their levels, American Express and JCB never used reciprocity for their level definitions (to my best recollection). Several industry insiders have been told that it was never the intent of MasterCard to force a merchant that accepts a single JCB card to go through an on-site assessment if they did not meet the MasterCard threshold. Now it appears t...
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