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May 14th, 2021
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  1. Hello Maximilian,
  2.  
  3. Please be informed that at the end of 2020 both Visa and Mastercard have updated their Merchant Registration Policies and expanded the categories identified as a high-brand risk.
  4.  
  5. Based on the new policies all high-risk merchants such as yours: 4816 need to be registered separately with both Visa (Visa High-brand risk (HBR) merchant registration program) and Mastercard (Mastercard Registration Program) and this will require a total cost of USD 1000 per merchant annually starting Jan 2021. The merchant registration fee is nonrefundable.
  6.  
  7. We are committed to our partnership and we want to continue to support your business with global payments acceptance should you want to accept this additional annual cost imposed by Visa and Mastercard.
  8.  
  9. Action needed until February 27th: Please reply to this email until February 27th, to continue to accept global payments via 2Checkout and pay the annual USD 1000 cost. If we don’t receive any request from you, we will terminate the contract in 60 days.
  10.  
  11. Please feel free to contact our Account Updates Team (accountupdates@2checkout.com) or your account manager, should you have any other questions regarding this.
  12.  
  13. Thank you for your continued support.
  14.  
  15. The 2Checkout Team
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