https://wiki.treasurers.org/w/index.php?action=history&feed=atom&title=Card_not_presentCard not present - Revision history2026-05-01T07:27:17ZRevision history for this page on the wikiMediaWiki 1.40.0https://wiki.treasurers.org/w/index.php?title=Card_not_present&diff=8439&oldid=previmported>Doug Williamson: Create page. Sources: Linked pages.2023-04-22T22:12:26Z<p>Create page. Sources: Linked pages.</p>
<p><b>New page</b></p><div>''Payments - cards - charges.''<br />
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(CNP).<br />
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"Card not present" describes a card transaction in which the merchant does not have physical access to the card to be charged, nor the cardholder.<br />
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Most remote transactions are of this kind. For example transactions over the internet, telephone or other remote device.<br />
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:<span style="color:#4B0082">'''''CNP sees increased fivefold'''''</span><br />
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:"Mastercard and Visa charge [cross-border interchange] fees for consumer card transactions where the card issuer is based in either the UK or the EEA, and the merchant’s acquirer and/or point of sale is in the other location. <br />
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:In the European Union, these fees are capped by the Interchange Fee Regulation (IFR). <br />
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:Following the UK’s departure from the EU, these caps no longer applied to UK–EEA cross-border transactions. <br />
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:Mastercard and Visa then raised the interchange fees fivefold for ‘card not present’ (CNP) remote transactions, such as online sales."<br />
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:''UK Payments Systems Regulator - Annual Plan 2023/24.''<br />
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== See also ==<br />
* [[Acquirer]]<br />
* [[Brexit]]<br />
* [[Cap]]<br />
* [[Credit]]<br />
* [[Credit card]]<br />
* [[Cross-border interchange fee]]<br />
* [[Debit card]]<br />
* [[Emerging Payments Association]]<br />
* [[European Economic Area]] (EEA)<br />
* [[European Union]]<br />
* [[Interchange fee]]<br />
* [[Interchange Fee Regulation]] (IFR)<br />
* [[Issuer]]<br />
* [[Mastercard]]<br />
* [[Merchant]]<br />
* [[Pay]]<br />
* [[Payment]]<br />
* [[Payment Systems Regulator]] (PSR)<br />
* [[Payments and payment systems]]<br />
* [[Processing fee]]<br />
* [[PSOR]]<br />
* [[Receipt]]<br />
* [[Remittance]]<br />
* [[Scheme fee]]<br />
* [[Visa]]<br />
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==Other resource==<br />
*[https://www.psr.org.uk/publications/annual-plans-and-reports/payment-systems-regulator-annual-plan-and-budget-2023-24/ Payment Systems Regulator - Annual Plan 2023/24]<br />
<br />
[[Category:The_business_context]]<br />
[[Category:Identify_and_assess_risks]]<br />
[[Category:Manage_risks]]<br />
[[Category:Risk_frameworks]]<br />
[[Category:Risk_reporting]]<br />
[[Category:Cash_management]]<br />
[[Category:Financial_products_and_markets]]<br />
[[Category:Liquidity_management]]</div>imported>Doug Williamson