Card Brand Regulation Updates 2022

Please read the statement that follows, and download and review the linked document included here. ProPay Inc., a wholly owned subsidiary of Global Payments Inc., received notification of changes to the operating regulations effective April 2022 by Visa®, Mastercard®, Discover® Network and American Express®. We have reviewed and analyzed the changes and are providing the following additional summary. Our proprietary systems will be updated and certified by the required release dates. These updates may require changes to your authorization and/or settlement systems and your internal business processes and procedures. Regulatory items listed below may not apply to all business types. This document provides information available as of the published date and is subject to change. https://www.propay.com/en-US/Documents/April-2022-Regulatory-Summary Each item includes an impact box. If there is an “x” in the authorization box, there may be an impact to your authorization platform requiring changes on your end, or an update could be made for you by Global Payments Inc. or your authorization vendor. If there is an “x” in the settlement box, there may be an impact to your settlement platform requiring changes to your systems, or an update may be made on your behalf by Global Payments Inc. or the vendor that completes your settlement. If there is not an “x” in the box, we are providing you this information for review, as there may be potential impact to your business in any item. Please review the changes and note any impact/action required – please work with your relationship manager (or Client Support) to determine the specific impacts to your authorization and settlement processes.