Visa’s new rules for subscription services
June 23, 2020 | Categories: Uncategorized
In an effort to bring more transparency to consumers, Visa has updated its rules for merchants offering free trials and introductory promotions related to subscription products. Merchants must provide more information and notifications to customers who are enrolled in recurring billing cycles. The updates are not only intended to benefit cardholders, but reduce chargebacks for […]
Visa still plans on changing swipe fees in July, 2020
June 11, 2020 | Categories: Uncategorized
Visa along with MasterCard, American Express and Discover, plan on making changes to their swipe fees in July, 2020. New rates will favor some businesses and others can expect a spike in their monthly credit card processing fees – especially ecommerce. What exactly does this mean? Swipe fees are also known as interchange – the […]