The ANZ eGate payment gateway offers support for you to comply with the VISA mandate for marketplaces. According to the VISA mandate, a business entity is considered a marketplace if it runs a platform that brings together multiple buyers and retailers. This unique feature of the marketplace program allows a marketplace to handle sales from retailers located in different countries. The acquirers of a marketplace are required to identify transactions on a marketplace that are initiated by foreign retailers (where the retailer is in a different country than the marketplace).
If you are registered as a marketplace:
To be considered as a marketplace you must:
When submitting a transaction as a marketplace, no additional details other than amount, card details, currency, and transaction source must be provided in the Authorize, Pay, Capture, Refund, and Verify operations.
Acquirers of marketplaces must identify foreign retailer transactions (where the retailer location is different than the marketplace location) done on the marketplace platform. If the merchant is a marketplace, the merchant must provide details of the location of the retailer for who they are submitting the transaction in the field, order.marketplace.retailerlocation
.
The order.marketplace.retailerLocation
field can take the following values: