Visa Marketplace Mandate
ANZ Worldline Payment Solutions 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 allows a marketplace to manage sales from retailers located in different countries. The acquirers of a marketplace must identify transactions on a marketplace that are initiated by foreign retailers, who are in a different country than the marketplace.
Supported for following methods:
Integration methods | Payment methods | Transactions |
---|---|---|
All |
*For non-Visa card payments, the data is ignored. |
|
If you are registered as a marketplace:
- You cannot be an aggregator, payment facilitator.
- You own the transactions done by payers on your marketplace and are responsible for resolving any disputes or issues.
- Do not provide sub-merchant details when you submit transactions to the gateway.
Prerequisites
To be considered a marketplace, you must:
- Register with Visa as a marketplace to get a Visa-issued Marketplace ID.
- Obtain the Merchant Category Code (MCC) of 5262 assigned by Visa from ANZ Worldline Payment Solutions.
Submitting transactions
When submitting a transaction as a marketplace, no additional details on top of the usual mandatory ones (amount, card details, currency, and transaction source) need to be provided in the Authorize, Pay, Capture, Refund, and Verify operations, except for the retailer location.
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 location details of the retailer for whom they are submitting the transaction in the order.marketplace.retailerlocation
field. The field can have the following values.
- DOMESTIC_ONLY
Items are only from domestic retailers.
- FOREIGN_ONLY
Items are only from foreign retailers.
- FOREIGN_AND_DOMESTIC
Items are both from foreign and domestic retailers.