How do FSA/HRA card issuers know which merchants have registered with SIGIS?
SIGIS will publish a list of SIGIS members that have registered as 90% Rule merchants. Additionally, SIGIS will publish the acquirer ICA/BIN and Card Acceptor IDs of these merchants each week. Issuers and issuer processors that elect to participate in the 90% Rule should use the 90% SFTP Report. The Issuer Processor should use the ICA, BIN, CAID and MCC code in the authorization process to determine if it is a 90% merchant. Other fields should not be use. The public 90% report should be used as an informational guide when working with merchants. Issuer and issuer processors must be a SIGIS member to download the list.
Related Questions
- I am a registered member and I forgot to use my Worklife Rewards® Member Card while I was shopping, am I still eligible to earn Rewards for my purchase?
- Where can cardholders, card issuers and plan administrators obtain a list of the 90% Rule registered merchants?
- What are some of the reasons why a Visa FSA/HRA card may be declined?
