Mastercard Automatic Billing Updater

 

Mastercard® Automatic Billing Updater (ABU) allows participating merchants to receive your updated card information when you receive a new debit or credit card for any reason (expired card, lost or stolen card, etc.) That way, your automatic payments can continue without interruption when you get a replacement debit or credit card. ABU service works with merchants where you have set up automatic or recurring payments. Examples include transportation services (Uber, Lyft), online payment services (PayPal, Digital Wallet) and gym memberships.

Frequently Asked Questions

What is Mastercard Automatic Billing Updater?
Mastercard’s Automatic Billing Updater is a service participating merchants can use to retrieve cardholder account changes, like new debit or credit card numbers, to ensure as little disruption as possible for your account-on-file transactions and automated payments.

What are card-on-file automated payments?
Card-on-file automated payments happen when you store your card information with a participating merchant or service provider:

  • Transportation services (ex., Uber or Lyft)
  • Clothing websites
  • Online retailers (Amazon, Wayfair, etc.)
  • Movies/music/eBook download services (Netflix, Pandora, etc.)
  • Online payment services (PayPal, Digital Wallet, etc.)
  • Prescriptions

Will all of my payment information be automatically updated?
No. ABU is only available to participating merchants, and they can choose how often they check for updated payment information. To avoid late payments and penalties, you must check with your merchant to make sure your card information is updated.

Is this service available to cardholders?
Yes. All clients with Banner Bank credit and debit cards are automatically enrolled in the Mastercard Automatic Billing Updater service.

Why is this service being offered to cardholders?
The Mastercard ABU service is required by Mastercard for all consumer and business credit and debit cards.

What are the benefits of the Mastercard Automatic Billing Updater service?

  • Helps to ensure on-time bill payment
  • Provides convenience
  • Prevents late fees and service disruption

Can I decline this service?
Yes. You may request to opt-out of this service by contacting us at 800-272-9933 or visit any Banner Bank branch.
Please note: If you choose to opt- out of this service, you will be responsible for providing your new card information to participating merchants with whom you’ve set up recurring payments using your card.