Mastercard BRAM and Visa VIRP Compliance Program

Implement comprehensive compliance program addressing Mastercard Business Risk Assessment and Mitigation (BRAM) and Visa Integrity Risk Program (VIRP) requirements, integrated with existing PCI DSS compliance framework.

• •Comprehensive assessment of current merchant onboarding and monitoring processes
• •Gap analysis against BRAM and VIRP requirements
• •Development of enhanced due diligence procedures for high-risk merchants
• •Implementation of transaction monitoring system for detecting suspicious activities
• •Creation of merchant risk scoring methodology
• •Development of compliance reporting framework for card brand requirements
• •Integration with existing PCI DSS compliance program

• •Developed comprehensive merchant risk assessment methodology covering 15+ risk factors
• •Implemented enhanced due diligence process for high-risk merchants, reducing onboarding of prohibited merchants by 100%
• •Deployed transaction monitoring system capable of identifying suspicious patterns with 92% accuracy
• •Reduced false positives in transaction monitoring by 65% through refined rule sets
• •Created integrated compliance dashboard covering PCI DSS, BRAM, and VIRP requirements
• •Successfully passed Mastercard and Visa compliance reviews with zero findings
• •Reduced compliance-related chargebacks by 78% within 6 months of implementation

• •Early stakeholder engagement is critical for successful PCI DSS initiatives to ensure buy-in and alignment with business objectives.
• •A risk-based approach to implementation allows for more efficient resource allocation and prioritization of activities.
• •Clear documentation and evidence collection processes are essential for successful PCI DSS assessments.
• •Integration with existing business processes is essential for sustainable compliance programs.
• •Continuous monitoring and testing are key to maintaining compliance between formal assessments.