June Release Notes- Miden Merchant Application

1. Wallet Balance Breakdown: View detailed breakdowns of wallet balances for clearer financial management. 💰
2. Unblock Merchant Once: Ability to unblock a merchant ID for a particular cardholder once, which blocks again after a transaction is carried out. 🚫➡️✅
3. Updated Card Rules:
• Insufficient Funds: Cards will be terminated after 5 failed transactions due to insufficient funds.
• Newly Issued Cards: Newly issued cards will be terminated after three failed transactions due to insufficient funds.
• Blocked Merchant IDs: Cards will be terminated after three declines due to blocked Merchant IDs. 📋
4. Implementation of Customer Service Role:
• Limited to Cards, Collections, Payout, and wallet sections.
• Full card PAN details are masked and can’t be exposed by this user.
• Can view wallet transactions but cannot withdraw or convert funds.
• Can only download transactions of a single card, and cannot export transactions or cards.
• Can only view and update their account password, and nothing else.
• Available for both existing and new team members. 👥

1. Updated MCC Restrictions: Included service stations and ride-hailing services in MCC restrictions. 🚗⛽
2. Fixing of Card Termination and Freezing Reason: Dynamic reasons for card termination and freezing, enhancing clarity and transparency. 📋
3. Ability to View Card Balance After Transaction: Users can now view their card balance immediately after a transaction for better tracking. 💳
4. Restrictions on Team Members: Limited the number of team members that can be added to 5 👥
5. Password Rules: Enhanced security with password resets required every 3 months and disallowing the last 3 passwords used. 🔒

For any inquiries or assistance, reach out to our Miden support team or raise a ticket here. We're here to help.

Best regards,

The Miden Team ⭐️