I've been reading the latest API guide and noticed "Credential on File" is a new concept I haven't seen before.
I'm not sure, maybe I missed some emails or blog posts.
But I'm wondering if it's required implementation? We are using the Vault for a lot of transactions right now. Will this affect that process in anyway or is it optional?
Thanks!
All merchants that store card data (in Moneris Vault or in merchant database, 3rd party...) is required to pass the Credential on File information. This is part of the new Visa mandates that include the requirement to pass the CVD/CVV2 data for all transactions.
You can find additional information here.
Expanded use of Visa Card Verification Value 2 (CVV2)
https://community.moneris.com/blogs/b/announcements/posts/expanded-use-of-visa-card-verification-value-2-cvv2
Stored Credential Transaction Framework Requirements
https://community.moneris.com/blogs/b/announcements/posts/stored-credential-transaction-framework-requirements