MasterCard Rules (PDF)

8.1 Transaction Requirements
8.1.1 Euro Migration
Europe Region Rules
8.1 Transaction Requirements
Transactions submitted into interchange that take place in countries that convert
to the euro must be submitted in the euro. To allow a grace period for
exceptional cases, the Interchange System will not reject Transactions submitted
in currencies that have been replaced by the euro within six months after the
transition period.
Within this six-month period, Issuers may not reject or charge back Transactions
submitted in currencies that the euro has replaced exclusively on grounds that
such Transactions have not been submitted in euro.
Provided that the national currency of a country that converts to the Euro is still
valid and accepted by the Interchange System, the greater of the euro floor limit
or the floor limit in the national currency applies to intracountry Transactions,
regardless of the Transaction currency.
8.2 Authorization Requirements
8.2.1 Full and Partial Reversals >>
Customers located in Italy must provide full and partial reversal authorization
services as set forth below:
1. Effective 19 April 2013, for all prepaid MasterCard and all prepaid Debit
MasterCard Card account ranges, Issuers must support full and partial
reversals.
2. Effective 17 April 2015, the Acquirer of a Merchant identified under an MCC
listed in the table below and that accepts MasterCard or Debit MasterCard
Cards must support full and partial reversals performed at the POI and
whenever, for technical reasons, the Acquirer is unable to communicate the
authorization response to the Merchant, for all prepaid Debit MasterCard
and all prepaid MasterCard Card account ranges:
MCC Description
5310 Discount Stores
5311 Department Stores
5411 Grocery Stores, Supermarkets
5541 Service Stations (with or without Ancillary Services)
5542 Fuel Dispenser, Automated
5612 Women’s Ready to Wear Stores
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MasterCard Rules • 12 December 2012 12-17