MasterCard® Automatic Billing Updater (ABU) Service
MasterCard® Automatic Billing Updater (ABU) Service for West Pointe Bank Debit Card Holders Only
Providing you with important information about your accounts with West Pointe Bank is our top priority. We want to let you know that Mastercard® recently introduced the Automatic Billing Updater (ABU) service as a convenience for Mastercard® cardholders.
How ABU Works
ABU extends the amount of time your account-on-file information is stored with your selected merchants by automatically updating your debit card information due to account changes, like the expiration date.
For example, let’s say you have enrolled in recurring monthly payments to pay your electric bill with your debit card. As you know, we periodically replace your card, and your new card has a fresh expiration date. Instead of contacting the electric company to update your card information, your card information will automatically be updated, if your electric company is a participating merchant.
Sending Debit Card Information
We will begin sending your updated card information, as applicable, to Mastercard® beginning late October 2017. Mastercard® will securely store your debit card information and release the new information to financial institutions and participating merchants in order to process your requested transactions without interruption.
While this is a convenient service, Mastercard® requires we participate and we will begin submitting card updates to them as applicable when your debit card information changes.
Opting Out
If you would prefer not to have your card information updated automatically, you can opt out. If you would like to opt out, please stop in the bank or contact us at your earliest convenience at 920 232-2260. Should you choose to opt-out of this service, you will be responsible for providing your new card information to participating merchants, which is the current practice. You may incur additional fees from your merchant if you do not provide your updated information in a timely manner if your card expires or is reissued due to fraudulent activity.