MasterCard Global 540 Multi Clearing Enhancements Date: 14th October 2016
For ecommerce marketplaces and T&E merchants. Global 540 allows a single authorisation with multiple presentments of partial amounts. New message reason codes will be applied for each partial amount in the First Presentment/1240 message. This system change provides merchants with a defence against Chargeback reason code “4808 – authorisation not obtained”.
PSP’s interested in this functionality should contact STFS to discuss as the functionality is supported on Omnipay but not yet enabled for STFS.