Mastercard Champion Program
A program led by Mastercard and supported by Austreme, aimed at assisting acquiring banks and third-party payment institutions in mainland China to provide secure and compliant e-commerce payment services.
The following diagram illustrates best practices for preventing violations of the Mastercard Business Risk Assessment and Mitigation (BRAM).
Target Clients
Acquiers
3rd Party PSP
Acquirers’ Need-to-Know: Understanding at a Glance
Registration Form
Mastercard Champion Registration Form (Bank)
SiteInspect
Mastercard Champion Registration Form (Bank)
TLD
Mastercard Champion Registration Form (3rd Party PSP)
TLD
SiteInspect Web Content Monitoring
SiteInspect Web Content Monitoring is a unique solution for card schemes, acquirers and payment service providers to keep a close watch on products, services and general content classification of merchant websites. It helps to uncover the high-risk or illegal contents forbidden by card schemes’ rules such as Visa Integrity Risk Program (VIRP), MasterCard Business Risk Assessment and Mitigation (BRAM) and more.
- Simplify time-consuming merchant compliance checks and investigations
- Ensure monitoring quality with unified standards
- Verify merchant website content to avoid policy violations and fines
Transaction Laundering Detection
World’s First TLD Solution
Merchant transaction laundering is the action whereby a merchant processes payment card transactions on behalf of another merchant (also known in the industry as “transaction aggregation”). It may trigger non-compliance as well as assessments for non-compliance with other rules, such as card acceptor business codes (MCC) miscoding violations or failure to register a high-risk merchant through the card schemes’ program.
- Registering MasterCard’s Champion Program through Austreme can help avoid hefty fines
- Integrated services provide merchant onboarding checks, online illegal sub-merchant detection, and e-commerce illegal content monitoring
- Reduce the workload and operational costs for underwriting and risk management staff
- Minimize business, reputational, and financial risks
