Merchant Fraud Rate Values
AReq Field 2 = Merchant fraud rate in bps taking into account all Merchant sites and card volumes, calculated as per PSD2 RTS Article 19:
| Value | Description |
|---|---|
| 1 | Represents fraud rate less than or equal to 1 basis point [bp], which is 0.01% |
| 2 | Represents fraud rate between 1 bp + - and 6 bps |
| 3 | Represents fraud rate between 6 bps + - and 13 bps |
| 4 | Represents fraud rate between 13 bps + - and 25 bps |
| 5 | Represents fraud rate greater than 25 bps |
Updated 3 months ago