Vendo has created a 10 person task force to build new systems to comply with the new MasterCard rules announced on Thursday, April 15. The goal is to co-create systems that protect vulnerable people while minimizing challenges and easing compliance for acquiring banks and merchants.
The systems include:
Audit and Reporting System
Performer System
Uploader System
Content Review Process Prior to Publication System
Takedown Requests / Complaints System
Appeals System
The Vendo task force includes senior leadership as well as the leaders of service design, payments, software, systems administration, finance, data science, and customer support.
The task force is in dialogue with acquiring banks and merchants to co-develop the new systems. The group is also in discussion with third-party service providers that can make compliance easier and faster.
The task force will be meeting with the Vendo merchant advisory board to discuss the new rules and systems. Merchants who are interested in participating can request to join the merchant advisory board here Vendoservices.
