MasterCard Service Provider Acquirer Third Party Processor; CQR has acquired this status in 2007 and in November 2008 has passed a MasterCard “Ramp” audit. The purpose of the MSP RAMP review was to deliver recommendations to ensure that optimum risk management strategies are implemented to minimize your exposure to fraudulent acquiring activities.
In order to acquire Online Merchants and offer them credit card processing services CQR ensures to have the following parameters in place:
- Loss control program
- Daily reports or real-time alerts monitoring merchant operations
- Compliant with data protection standards