All current and new
customers of ATM Providers, must fill out and submit the Visa/MC
Network Operator Agreement.
Visa/Plus have made changes intended to minimize risks for
non-financial institution ATMs. The new Rules require all ATM Owners
and Operators processing ATM transactions to register with their
respective sponsor bank.
Plusí Definition of an ATM Operator: A Non-member entity who
displays the Plus symbol and is authorized by a Member or its Agent
to originate a Plus transaction through the connection of an ATM to
the Plus system.
All ATM operators are required to submit
the Merchant Participation Agreement and Application to ATM
Providers as part of any ATM Providers ATM Program.
By October 31, 2006, all existing ATM operators must
have completed a Merchant Application and Merchant Participation
Agreement and these documents must be in ATM Providers possession by
Penalty for non-compliance: Plus has
implemented penalties ranging from $5,000 to $15,000 for ATM
Operators not submitting the necessary paperwork to their sponsoring
institution prior to the mandated November 1, 2006 date. Failure to
submit the appropriate paperwork may also result in termination of
both bank sponsorship and processing services to the Plus
network for any and all applicable ATMs.
Plus Rules also
require that Surcharge, Sponsorship Decals, and Network Logo Decals
be affixed to each ATM that is connected to the Plus Network. Plus
requires that the surcharge and sponsorship decals be in the name of
the sponsor bankís authorized Member Service Provider, which in this
case, is ATM Providers, Inc.
Why do we need this information? See US Patriot ACT Final
Rule Section 326. In short because ATM Providers, Inc. is
sponsored by a financial institution, we are required to get this
data from you. Kinda like sales tax. We just collect
Enjoy all 106 pages of it here.
Use the file below to open a copy of the Visa/Plus ATM Operator
Agreement. Print the file, then fill
in sections A, B, & F. You can e-mail a scanned
form completed with signatures to email@example.com
or if you prefer you may mail or fax a completed copy