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Business Resource Center

Resources at Your Fingertips

With our business resource center, you have a comprehensive toolkit for navigating the challenges and opportunities of today's dynamic business landscape. Here, you'll find a wealth of invaluable resources carefully curated to empower your business at every stage. Do not hesitate to reach out to us by calling (913) 652-4888 if you cannot find the information you are looking for here. 

Mastercard® Guide to Benefits for Small Business Cardholders:

You can view, download or print the Guide to Benefits below.
 
 
1. What is Mastercard® Automatic Billing Updater?
Mastercard's® Automatic Billing Updater is a service that participating merchants can use to retrieve cardholder account changes to ensure as little disruption as possible for their card-on-file transactions and automated payments. Changes to a replacement debit card bearing a new card number or expiration date are automatically sent to participating online retailers that have your card-on-file within their system. Automatic Billing Updater (ABU) is a service that can help reduce certain types of declined debit card transactions.

2. What are card-on-file transactions and automated payments?
Card-on-file transactions are payments processed using a debit card number you have stored with a merchant, service provider or website by creating an account and saving your debit card information. Automated payments are recurring debit card payments you set up with a merchant or service provider.

Example of Card-on-file Transactions Include:
  • Transportation services (Uber or Lyft)
  • Clothing websites
  • Online retailers (Amazon or Wayfair)
  • Movies, music and eBook download services (Netflix, Spotify or Pandora)
  • Online payment services (Pay Pal or Digital Wallet)
  • Pharmacies
Examples of Recurring Payments Include:
  • Phone services
  • Cable or television services
  • Utilities
  • Music subscriptions
  • Magazine subscriptions
  • Radio subscriptions
  • Gym memberships
  • Anti-Virus software
  • Insurance premiums
  • Recurring charitable donations
3. Will all of my debit card information be automatically updated?
Sometimes, but not always. ABU is only available to participating merchants, and they can choose the frequency at which they check with Mastercard® for updated payment information. Most major merchants already participate in this program, but to avoid late payments and penalties with those merchants who do not participate in this program, you should take steps to verify your debit card information is updated with the merchant.

4. What if I do not confirm my debit card information has been updated?
If any of your merchants do not participate in the program, then the automatic payments may fail and merchants may charge you late fees. Most merchants will contact you by phone, email, or text to notify you that your payment did not go through. If they are unable to collect your payment, your service may be canceled.

5. Is there a fee for the Mastercard® Automatic Billing Updater service?
No, there is no fee for this service

6. How do I enroll in Mastercard® Automatic Billing Updater?
All debit card users (Consumer and Business) will automatically be enrolled unless they choose to Opt-Out.

7. Can I Opt-Out of the Mastercard® Automatic Billing Updater?
Yes. If you would like to Opt-Out of this service, please call Customer Support at 913-281-3165 or stop by one of our Banking Center locations.
For Phone Support Call (800) 910-6880.

Complete Convenience 

Discover a range of essential services at Security Bank of Kansas City, designed to enhance your business banking experience:

  • Wire transfers
  • Letters of credit
  • Check collection
  • Notary services and signature guarantees
  • Cashier's checks and money orders
  • Night deposit
These services provide added convenience for both your personal and business banking needs. Explore the ease and reliability that comes with our convenient services.