Debit Card Holders
(important information below)
MasterCard Automated Billing Updater
in November 2017, Visa and MasterCard required all financial institutions
to participate in an Account Updater Service, known by MasterCard as Automated
Billing Updater (ABU). When a new debit card is requested due to loss of card
or fraudulent activity, ABU will transfer new card information
for preauthorized payments to merchants. This will
continue uninterrupted service from those merchants. Examples of
these merchants include subscription services or utility companies, etc.
This service is only for Recurring Payment Merchants.
Frequently asked questions (FAQ's) and possible recurring merchants click here.
do not what this service provided click below
Opt-out form for Automated Billing Updater.