Mastercard’s revised regulatory standard for recurring payments has been extended to 21 March 2023, but nonprofits would still need to comply.
Designed to ultimately ensure a more positive cardholder/donor experience, the revised standards specifically aim to mitigate negative practices associated with the utilisation of a subscription/recurring billing model, and to reduce negative impacts to the ecosystem such as chargebacks.
This revised subscription regulatory standard will impact any organisation with a Regular Giving program – and comes into effect from 21 March 2023!
As part of our commitment to sharing industry regulation changes, Blackbaud invites you to join this on-demand webinar where Shaun Porteous, Senior Product Manager, Blackbaud Payment Services shares:
- what the changes are;
- how they impact charitable organisations like yours;
- what YOU must do to comply; and
- how your Blackbaud solution can enable the process.
If you are not aware of the new Mastercard compliance mandate or have not yet made the necessary changes to your business process to comply – then this is a must-see session for you and your team!