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Podcast: NJCPA IssuesWatch Podcast
Episode: 335: What Visa’s New Data Program Means for Businesses
Description: Visa has announced a major overhaul of its commercial credit card data standards through its new Commercial Enhanced Data Program (CEDP), and businesses should take notice in order to avoid paying significantly higher rates. Eric Cohen, CEO at Merchant Advocate, explains what this means for businesses and why CPAs need to be paying attention. Topics discussed:What CEDP is and why Visa is moving away from the old systemImpacts that controllers, CFOs and public accountants should be preparing forCommon system and data problems that could cause business to fall out of complianceWhat CPAs should b...