Ljubljana - At the end of the last week, Bankart successfully migrated to MasterCard's Banknet authorisation system, which means that authorisation transactions were transferred from EPSNET to MasterCard's Banknet authorisation network.
From Bankart's point of view, this allows further processing of MasterCard card products for banks both in terms of acquiring and issuing.
The task is mandatory for all processing centres
The task is mandatory for all processing centres, since MasterCard reorganised its authorisation network and implemented the new authorisation standard. Migration time schedules of individual processing centres have been aligned with Bankart in advance. According to MasterCard's original planes, all processing centres were supposed to complete migration by the end of 2009, starting in 2007.
International card organisations issue mandates - requirements twice a year
MasterCard and other international card organisations issue mandates - requirements twice a year, as a rule, which their business partners all over the world are obliged to implement in order to guarantee compliance with individual international card organisations.
