Payment Brand Changes

On 25 January 2025, Visa will revise their domestic interchange rates for Visa Infinite Business transactions as follows.

Table 1 – Visa Infinite Business Domestic Interchange Rates in Czech Republic

Table 2 – Visa Infinite Business Domestic Interchange Rates in Germany

Table 3 – Visa Infinite Business Domestic Interchange Rates in Italy

<sub>1. Cardholder Verification Method limit is 500 CZK.
2. Cardholder Verification Method limit is 50 EUR.</sub>

_{Published 15 October 2024 | P2024.1041, P2024.1042, P2024.1045, P2024.1125}

On 18 January 2025, Visa will implement new domestic commercial interchange fees for Visa Business, Visa Platinum Business, Visa Infinite Business, Visa Corporate, and Visa Purchasing.

Table 1 – Visa Business New Commercial Interchange Fees

Table 2 – Visa Business Platinum New Commercial Interchange Fees

Table 3 – Visa Business Infinite New Commercial Interchange Fees

Table 4 – Visa Corporate New Commercial Interchange Fees

Table 5 – Visa Purchasing New Commercial Interchange Fees

_{Published 13 September 2024 | P2024.1035}

Update: Visa moved the effective date of their Processing Integrity Program to 1 October 2024 from 1 July 2024.

Visa will begin monitoring their Processing Integrity Program and the fees listed in the table below will be assessed for domestic and international transactions. These fees will apply when transactions are not authorized, reversed or cleared as required. The rates will increase on 1 July 2024.

Table – Visa Processing Integrity Fees

_{Updated 15 October 2024 | P2024.1447
Updated 13 October 2023 | P2023.0067
Published 14 April 2023}

On 18 October 2024, Visa will introduce additional interchange rates for Visa Commercial Omni¹ and Visa Commercial Choice Travel² programs.

Table 1 – Visa Commercial Choice Travel Program New Interchange Rates

Table 2 – Visa Commercial Omni Program New Interchange Rates

<sub>1. Formerly known as Visa B2B Payments Program.
2. Formerly known as Visa Flexible Rate B2B Virtual Program.</sub>

_{Published 15 July 2024 | P2024.0632}

Effective 11 May 2024, Visa will update their domestic interchange rates for Visa Platinum Business, Visa Infinite Business, Visa Business¹, Visa Corporate¹, Visa Purchasing¹ shown on tables 1 and 2. Visa will also be discontinuing the fees listed in table 3.

Table 1 – New Visa Domestic Interchange Rates for Visa Platinum Business and Infinite Business Commercial Card transactions

Table 2 – Visa Updated Domestic Interchange Rates for Visa Business, Corporate and Purchasing Commercial Cards

Table 3 – Discontinued Domestic Interchange Rates and Fees for Commercial Card Transactions

_{1. Interchange rates for EMV^® chip, including contactless chip, transactions remain the same.}

_{Published 15 March 2024 | P2023.1775}

Starting 22 April 2022, Visa introduced a new Non-Domestic Currency Settlement Volume Fee for transactions under the following conditions:

• When a transaction is identified as cross-border – Intraregional or Interregional
• When a transaction is settled in a different currency from the local currency of the merchant country where the transaction is completed
  

Table 1 – Visa Transaction Scenario Guide

Table 2 – Visa Non-Domestic Currency Settlement Volume Fee

_{1. Refer to Table 2 for the fee applied.} 

_{Republished 15 April 2024 | P2024.0353
Updated 15 March 2023 | P2021.0329a 
Published 21 March 2022 | P2021.0329a}

Effective 13 April 2024, Visa will add prepaid as a new funding source for Visa Platinum Business, Visa Infinite Business and Visa Corporate and will follow these changes:

• Prepaid interchange rates for Visa Platinum Business and Visa Infinite Business will be the same with Visa Platinum Business Debit and Visa Infinite Business Debit (except for domestic Switzerland transactions)
• Prepaid interchange rates for Visa Corporate will be the same with Visa Corporate credit and deferred debit (except for domestic Switzerland transactions)
• Prepaid interchange rates in Switzerland for Visa Platinum Business and Visa Infinite Business will be the same as Visa Platinum Business credit and Visa Infinite Business credit rates
• In the United Kingdom, Visa will introduce interchange rates for Visa Platinum Business and Visa Infinite Business prepaid transactions as shown in table 1. Debit transactions will have new rate codes and retain the same interchange rates as shown in table 2.

Table 1 – Visa Platinum Business and Visa Infinite Business Prepaid Programs in the United Kingdom

Table 2 – Visa Platinum Business and Visa Infinite Business Debit Programs in the United Kingdom

_{Published 15 March 2024 | P2023.1855; P2023.1779}

Effective 13 April 2024, Visa will introduce and update interchange fees shown in the tables below.

Table 1 – New Visa Commercial Interchange Fees

Table 2 – Updated Visa Commercial Interchange Rates for Domestic Transactions

Table 3 – Updated Visa Commercial Intra-EEA Interchange Rates

_{1.     Rate applies to EEA Countries: Andorra, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland (including Aland Islands), France (including French Guiana, Guadeloupe, Martinique, Mayotte, Reunion, Saint Barthelemy, Saint Martin), Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, the Netherlands, Norway, Poland, Portugal (including Azores, Madeira), Romania, Slovakia, Slovenia, Spain (including Canary Islands, Ceuta, Melilla), and Sweden.
2.     Rate applies to Austria, Belgium, Denmark, France, Iceland, Luxembourg, the Netherlands, Norway, and Sweden.
3.     Rate applies to the Netherlands.
4.     Rate applies to France and the Netherlands.
5.     Rate applies to Austria, Belgium, Denmark, Finland, France, Iceland, Luxembourg, the Netherlands, Norway, and Sweden.}

_{Published 15 March 2024 | P2023.1877}

Effective 1 April 2024, Visa will revise their interchange fees for consumer debit card transactions listed in the table.

Table – Visa Revised Consumer Interchange Fees

_{Note: All the above rates are capped at 0.05 EUR per transaction.}

_{Published 15 March 2024 | P2023.2058}

On 1 April 2024, Visa will charge a new VI Integrity Risk Fee of 0.10% + 0.02 USD for high-integrity risk transactions with the below merchant category codes.  

• 5967: Direct Marketing - Inbound Teleservices Merchant
• 6012: Financial Institutions - Merchandise, Services, and Debt Repayment (with Special Indicator 7)
• 6051: Non-financial Institutions – Foreign Currency, Liquid and Cryptocurrency Asses (example: Cryptocurrency), Money Orders (Not Money Transfer), Account Funding (not Stored Value Load), Travelers Cheques, and Debt Repayment (with Special Condition Indicator 7)
• 7273: Dating Services

_{Published 12 January 2024 | P2023.1786}

On 19 January 2024, an interchange rate of 0.83% will be implemented to the Visa Deutsche (VI DE) Commercial Transportation (Rate Code: V133). This fee will apply to domestic German commercial card transactions with the MCC 4111 (transportation).

_{Published 15 December 2023}

On 1 January 2024, Visa will increase their card-present and card-not-present service fees in Italy.

Table – Visa Service Fee Updates

_{Published 15 September 2023 | P2022.1400}

Update: The VDCU Cred Update Fee will be billed on a quarterly basis until the end of Q3 2024. Afterwards, it will be billed monthly.

Starting 1 August 2023, Visa will charge a Visa Digital Credential Updater Fee (VDCU Cred Update Fee) of 0.12 USD for all VDCU activities. This fee will be billed when a token is used in a transaction for the first time following an update to that token’s PAN or expiration date.

The VDCU provides access to token lifecycle management events including credential on file updates and token status change notifications, such as deleted, suspended, and resumed token updates. These lifecycle updates can help you ensure cardholders’ payment credentials are up to date, which is essential for maintaining payment continuity and improving authorization rates.

This new fee does not apply to token status notifications, which will continue to be waived until further notice.

_{Updated 12 January 2024 | P2023.1486
Updated 15 September 2023 | P2022.0865a
Published 15 March 2023}

Mastercard is introducing time-based authorization validity value fees for cleared final authorization transactions in phases, as shown below.

Table – Mastercard Time-Based Authorization Validity Value Fees

_{Published 13 December 2024 | P2024.0113}

On 24 January 2025, the Mastercard Connectivity Fee will be updated to 0.0017 EUR per transaction from 0.0014 EUR previously. This fee is based on data usage for both authorizations and deposit transactions.

_{Published 15 October 2024}

On 1 January 2025, Mastercard will revise their commercial interchange rates.

Table 1 – Mastercard Updated Commercial Interchange Rates in Denmark

Table 2 – Mastercard Updated Commercial Interchange Rates in Finland

_{Published 13 September 2024 | P2024.0956}

Mastercard introduced the contactless Single Tap function, enabling cardholders to re-enter their pin for declined transactions without needing to tap the card again or perform a chip and PIN transaction. To comply, POS terminals must carry a new indicator in the authorization request message to show it supports Single Tap. Mastercard will charge a Single Tap fee for every authorization missing the Single Tap indicator.

Please visit our Developer Center for the complete specifications required to build the Single Tap indicator.

_{Published 15 November 2024 | P2020.553, P20Q1.042, P20Q1.221, P20Q2.375, P20Q2.535, P2020.553, P2021.0618, P2021.1354, P2021.1355, P2021.1353, P20Q2.535a}

Mastercard implemented their Tokenization Service Fee which will be billed when  Mastercard Digital Enablement Service (MDES) is used for tokenization. This fee will cover:

• lifecycle management
• crypto validation of cryptograms on card-present and card-not-present transactions
• device enablement
• domain control
• card art
• transaction detail service

Table -  MDES Tokenization Services Fee

<sub>1. CP Dom / Intra = Card-present Domestic / Intraregional
2. CP Inter = Card-present Interregional
3. CNP Dom / Intra = Card-not-present Domestic / Intraregional
4. CNP Inter = Card-not-present Interregional</sub>

_{Published 1 October 2024 | P2024.0160, P2024.0162, P2024.0188, P2024.0371}

Update: The effective date of the Interregional Reported Transaction fee split has changed to 17 September 2024 from 30 September 2024.

On 17 September 2024, Mastercard will split the Interregional Reported Transaction fee in Ireland into four tiers. The new tiers will be based on transaction values as shown in the table below.

Table – Mastercard Revised Interregional Reported Transaction Fee in Ireland

_{Updated 15 July 2024 | P2024.0106
Published 15 April 2024 | P2024.0106}

Mastercard is reminding everyone that sending Static/dummy Trace IDs will incur a Data Integrity Monitoring Program fee starting 18 October 2024. To prevent this fee, the Trace ID field must be populated with

• the Trace ID from the initial recurring payment authorization, or
• the Trace ID from a recently approved authorization which should be used in future authorizations, provided the related recurring payment
  • was initially authorized at least 3 months ago, and
  • does not have a cardholder dispute or was not reported as fraud

_{Published 13 September 2024 | P2022.1553a}

Effective 1 August 2024, Mastercard and Maestro will modify their card-present domestic debit interchange fees, shown below. Digital wallet transactions will not be impacted by these changes.

Table 1 – Mastercard Updated Interchange Fee for Consumer Debit Card Transactions

Table 2 – Mastercard Updated Interchange Fee for Commercial Debit Card Transactions

Table 3 – Maestro Updated Interchange Fee for Consumer Debit Card Transactions

Table 4 – New Refund Interchange for Domestic Debit Card Transactions

<sub>1. Transactions less than or equal to 250 CHF.
2. Current Card Verification Method (CVM) limit is 80 CHF.
3. Transactions greater than250 CHF.
4. Transactions less than or equal to 40 CHF.
5. Transactions greater than 40 CHF.
6. Transactions less than or equal to 100 CHF.
7. Transactions greater than 100 CHF.
8. Transactions greater than 100 CHF.
9. Transactions greater than 16.12 CHF for card-not-present transactions.</sub>

_{Published 15 July 2024 | P2024.1116}

On 1 August 2024, Mastercard will introduce a threshold of 35 declined attempts on the same account number, at the same card acceptor, and for the same amount within a 30-day period. The existing threshold of 10 declines within a 24-hour period remains the same, and also count towards the 30-day period threshold. The program assesses a weekly and monthly fee for each authorization that goes over the limit.

Table – Mastercard Excessive Authorization Attempts TPE Program Billing

_{Published 15 April 2024 | P2023.2255}

Starting 1 July 2024, Mastercard will set a new interregional cross-border rate for credit and debit transactions in select European countries as listed below.

Table  – Mastercard  Revised Interregional Cross-Border Fee

_{Published 15 April 2024 | P2023.2118}

Starting 1 July 2024, Maestro will set a new interregional cross-border rate in select European countries as listed below.

Table – Maestro  Revised Interregional Cross-Border Fee

_{Published 15 April 2024 | P2023.2118}

On 1 July 2024, Mastercard will increase their interregional card-not-present fee in Europe to 0.15% from 0.05% in the following countries listed in the table.

Table  – Mastercard CNP Fee Rate Update in Select Countries

_{Published 15 March 2024 | P2023.2119}

On 1 July 2024, Mastercard will increase the MC EU Volume Fee for Cyprus and Malta to 0.0340% from 0.0184% and 0.0301% respectively.

Table – Mastercard Volume Fee

_{Published 15 February 2024 | P2023.2113}

Effective 2 April 2024, Mastercard will expand their Enterprise Solution Wholesale Travel Program with the addition of the commercial credit interchange rate and product codes listed in Table 1. The existing interchange rates in this program (see Table 2) remain unchanged.

Table 1 – Mastercard New Wholesale Travel Program Interchange Rates for Commercial Credit Transactions

Table 2 – Mastercard Existing Commercial Interchange Rate for Credit Transactions

_{Published 15 February 2024 | P2024.0001; P2023.0090}

Effective 1 April 2024, Mastercard will revise their interchange fees for consumer debit card transactions listed in the table.

Table – Mastercard Revised Consumer Interchange Fees

_{Note: All the above rates are capped at 0.05 EUR per transaction.}

_{Published 15 March 2024 | P2024.0019}

Effective 1 April 2024, Maestro will revise their interchange fees for consumer debit card transactions listed in the table.

Table – Maestro Revised Consumer Interchange Fees

_{Note: All the above rates are capped at 0.05 EUR per transaction.}

_{Published 15 March 2024 | P2024.0019}

Effective 1 April 2024, Mastercard will discontinue the E-Commerce Development Fund Fee and introduce the fees in the table below under the Customer Performance Development Fund (CPDF).

With CPDF, you will experience the following benefits:

• Improved tokenization and user experience of Mastercard transactions
• Improved identity check experience (including, but not limited to, risk-based authentications and decisions, ID check enrolment process, access control system and authentication methods)
• Improved fraud and risk management solutions
• Cardholder usability research and improvement (including, but not limited to, biometric authentications, mobile devices user experience, enriched transactions, digital receipts and disputes resolution)
• Cardholder education on digital transactions (including security issues and usage of secure authentication technologies)
• Improved money transfer experience

Table - Mastercard Customer Performance Development Fund

_{Published 15 February 2024 | P2023.1420}

On 1 February 2024, Mastercard will implement a recurring 30-day period M/Chip Deployment Performance Program fee to POS terminals with an implementation issue that causes a technology failure. To avoid this fee, please make sure that your terminal’s Payment System Public Keys in the Combined Dynamic Data Authentication are updated and/or your software kernel has a V3.x reader.

If your POS is supported by a third-party service provider, please contact them to ensure that you have the latest upgrades and specifications that comply with Mastercard’s requirements to help you avoid these fees.

This does not apply if you have a stand-alone POS device that we support.

Table 1 – Mastercard M/Chip Deployment Performance Program Fee

_{Published 13 October 2023 | P2023.0995}

Starting 1 January 2024, Mastercard will charge an Authorization Optimizer fee for declined card-not-present (CNP) transactions that meet the following conditions:

• Recurring transactions
• Mastercard decline reason code is equal to 51 (Insufficient Funds)
• Mastercard-provided merchant advice code (MAC) is equal to 24 to 30

Table 1 – Mastercard Authorization Optimizer Fee

Mastercard’s Authorization Optimizer Service, formerly known as the Decline Reason Code Service, provides the following timelines for resubmitting authorization requests after a CNP recurring payment is declined:

Table 2 – Mastercard Resubmission Timelines per MAC

_{Published 13 October 2023 | P2022.1534b}

Visa Multiple-Account Access Services (VMAAS) has been renamed Visa Flexible Credential. While all features of the program remain the same, please note that the old program name may still be referenced in earlier published documents.

_{Published 15 November 2024 | P2024.1107}

Effective immediately, the Visa Secure program will support the use of the EMV 3-D Secure (3DS) Bridging Message Extension v2.0 that provides access to these 2.3.1.1 functionalities:

• New options for existing data fields and sub-fields to support Payment Services Directive 2 (PSD2) strong customer authentication exemptions, recurring payments and token data
• Decoupled authentication fallback, where the issuer may prompt the cardholder to authenticate at a later time in cases where the initial authentication could not occur
• Improvements to the Out-of-Band (OOB) challenge flow, including a redirect from the merchant app to the authentication app
• Split Software Development Kit (SDK) enhancements and additional parameters for SDK device information
• Changes to the UI/UX requirements for a refined cardholder experience
• Web Authentication (WebAuthn) and Secure Payment Confirmation (SPC), built on the Fast Identity Online (FIDOTM) standard, which introduces a streamlined authentication method during the payment transaction process on the web
• Updates to the Preparation Request (PReq)/Preparation Response (PRes) messages

For full details on EMV 3DS 2.3.1.1, refer to the EMV® 3-D Secure Protocol and Core Functions Specification v2.3.1.1 on the EMVCo website.

Visa encourages the adoption of v2.0 of their Bridging Message Extension. The table below outlines the changes from the Bridging Message Extension v1.0 to v2.0.¹

Table – Visa Bridging Message Extension v1.0 to v2.0 Changes

Please refer to EMV® 3-D Secure Bridging Message Extension v2.0 and EMV® Specification Bulletin (SB) No. 295 available on the EMVCo website for further details.

Please contact your third party authentication provider for implementation of the enhancements outlined above.

_{1. As with v1.0 of the Bridging Message Extension, Visa will not support the File URL data within the Bridging Message Extension v2.0.}

_{Published October 15, 2024 | P2024.0829}

Starting 19 October 2024, Visa will no longer allow domestic transactions for account ranges identified as cross-border only. Please expect these transactions to be declined.

_{Published 13 September 2024 | P2024.0633, P2024.1283}

Update: Beginning October 18, 2024, the new Authorization Characteristics Indicator (ACI) value of D (EDQP transaction (not CPS)) will be supported in all transactions.

Effective 1 October 2024, Visa will require all regions to retain and return all common key data elements in clearing transactions. This includes a new data element called Account Funding Source shown in the table below.

In addition, beginning October 18, 2024, the new ACI value of D (Electronic Data Quality Program (EDQP) transaction (not CPS)) will be supported in all transactions.

Contact your service provider if your system is not supported by Chase to ensure that the account funding source is retained in authorization and returned in clearing.

Please comply with these requirements to avoid reclassification and result to a different interchange rate or fee.

Table – Visa Required Common Data Elements in Clearing Transactions

<sub>1. Account Funding Source is a newly added data element populated in the transaction response beginning October 2024.
2. Formal name is Mail/Phone/Electronic Commerce and Payment Indicator.</sub>

                                                                                 _{Updated 15 September 2024 | P2024.0623
Published 15 July 2024 | P2023.2332, P2023.2103, P2023.2050, P2023.1842, P2023.2096, P2024.0395, P2024.0623}

On 25 September 2024, Visa will discontinue support for EMV 3DS 2.1.0 and you will not be able to authenticate these transactions through Visa Secure.

Please contact your service provider to ensure you are using EMV 3DS 2.2.0. 

_{Published 14 June 2023 | P2022.1505; P2023.1557; P2024.1780}

Update: Visa removed the Browser Screen Height and Width from the minimum data required fields.  

Effective 12 August 2024, Visa will require e-commerce merchants to provide the data fields in Table 1 in EMV 3DS authentication request messages. If local data privacy regulations prohibit the data from being shared, these minimum data requirements do not apply.

Visa also continues to recommend e-commerce merchants to provide all 12 of the data fields in Table 2 in 3DS authentication request messages.

Table 1 – Visa EMV 3DS Minimum Data Requirements

Table 2 – Visa EMV 3DS Recommended Data Requirements

_{Updated 15 October 2024 | P2024.1395
Published 15 February 2024 | P2023.1628, P2024.0008}

Visa has allowed the use of paper-sourced (wood fiber) materials to produce their non-reloadable prepaid cards. These cards will not exceed a five-year expiration and will have magnetic stripes but not chips.

_{Published 15 August 2024 | P2024.0965}

On 22 August 2024, the current Visa EMV® 3-D Secure (3DS) Software Development Kit (SDK) encryption key certificate will expire. All SDKs must obtain, bundle and start using the new encryption key certificate before this date. This change only applies to those using an app SDK to incorporate 3DS authentication into their own application. Merchants using 3DS in a web browser are not impacted by this change.

To avoid service interruption, please follow the two-step process below:

• First, if you use a hosted solution for your EMV® 3DS SDK, check with your hosted solution provider to ensure they are following the required changes on your behalf
• Second, integrate the updated 3DS SDK into your merchant app, publish a new version of the app, and advise end consumers/device holders to update the app on their device(s)

_{Published 15 August 2024 | P2024.0096}

Update: For Ireland and the United Kingdom only, Visa is changing the effective date to 12 August 2024. For all other countries and territories, the effective date remains the same.

Beginning 13 April 2024, the Card Verification Value 2 (CVV2) will no longer be required but may still be provided with authorization information for domestic and intraregional transactions when authenticated using Visa Secure.

The CVV2 must still be provided in authorizations for:

• Domestic and intraregional transactions not authenticated using Visa Secure
• Visa Secure transactions where the issuing bank is outside Europe

Additionally, issuing banks will no longer be allowed to decline a Visa Secure transaction in Europe based solely on a missing CVV2 value.

_{Updated 15 April 2024 | P2024.0520
Published 15 November 2023 | P2023.1302}

Effective 19 July 2024, Visa will decline cross-border transactions of India-issued cards with the following gambling merchant category codes (MCCs):

• MCC 7995 - Betting, including Lottery Tickets, Casino Gaming Chips, Off-Track Betting, Wagers at Race Tracks and games of chance to win prizes of monetary value
• MCC 9406 -  Government-Owned Lotteries (Non-U.S. region)

_{Published 15 July 2024 | P2024.0636}

Update: Effective 14 June 2024, Visa will introduce a processing block for transactions with additional prohibited merchant category codes (MCCs) and transactions with limited-in-amount MCCs exceeding 5,000 USD. Visa has also added MCCs to the prohibited and restricted categories which you will find in Tables 1 and 2:

• Additional Prohibited MCCs: 5723, 6400, 6536, 6537, 6538, 6540, 6611, 7800, 7801, 7802, 9406, 9498, 9793, 9999
• Additional Restricted MCCs: 3880, 5262, 5398, 5961, 7013

On 9 June 2024, Visa will begin declining all domestic and cross-border transactions greater than or equal to USD 5,000 for Mainland China-based users with restricted MCCs, as outlined in Table 2.

Visa will block all domestic and cross-border transactions to issuers based in Mainland China. Specifically, transactions with merchant category codes (MCCs) indicating country code 156 (Mainland China), and in the categories listed below are affected:

Table 1 – Visa Fully Prohibited MCCs in Mainland China effective 19 January 2024

Table 2 – Visa Restricted MCCs in Mainland China effective 14 June 2024

<sub>1. Not a Visa MCC. Decline response code and message reason code for non-Visa MCCs will be the same as declines for prohibited category Visa MCCs.
2. MCC 5723 applies only to merchant locations that are covered under California Law and which are located in the U.S. and in the state of California.</sub>

_{Updated 14 June 2024 | P2024.0922, P2024.0631
Updated 15 May 2024 | P2023.1847u2
Updated 15 March 2024 | P2023.1847u1
Published 15 December 2023 | P2023.1847}

Visa has renamed their B2B Virtual Payments Programs as shown in Table 1 and as a result, fee names, seen in Table 2, have also been updated.

Please note that current program names may still be referenced in Visa documents and online channels.

Table 1 – Visa Renamed B2B Payment Programs

Table 2 – Visa Updated Fee Names

_{Published 14 June 2024 | P2023.2309}

Effective 1 May 2024, Visa will update their Visa Rules to support consumer choice, a mandate from the European Union (EU) Interchange Fee Regulation (IFR) 2015/711 when using a card that supports more than one payment scheme and it consists of the following:

• The right to choose between payment schemes and/or payment applications must be effectively communicated to a cardholder.
• The visual presentation of the available payment schemes or payment applications must be transparent so that a cardholder is clear on the options and can choose freely among the supported payment schemes or payment applications.
• The selection mechanism must be clear and simple, without any unnecessary steps, and it must allow the cardholder to select without any input from the merchant.

In addition to this, Visa will introduce and publish in the Visa Rules the requirements for e-commerce merchants to offer a consistent, clear and transparent choice for cardholders of co-badged cards, previously included in Consumer Choice in Europe which is a Visa supplemental requirements document.

_{Published 15 April 2024 | P2024.0245}

Visa is implementing Strong Customer Authentication (SCA) requirements in certain CEMEA countries due to local legislations. These changes will take effect on the dates outlined in the table below.

To support this change, you should:

• Be ready to receive Response Code 1A (which is valid for card-present, card-not-present or remote electronic transactions) from issuing banks in the CEMEA SCA countries. This code may require additional customer authentication and indicates that transactions cannot be approved until this SCA is performed.
• Not send any SCA exemption indicators to issuing banks in CEMEA SCA countries until further notice.
• Keep in mind that SCA transactions between CEMEA SCA countries and banks in the European Economic Area (EEA) or UK will be performed when it is technically feasible.

Table – Visa CEMEA Countries Subject to SCA Requirements

_{1. ”Official enforcement dates” are dates which are either identified as effective dates of the relevant country regulation for implementing SCA, or dates until which the National Competent Authority (NCA) has postponed enforcement (where applicable). Official enforcement dates may be further postponed by the decision of the NCA. Market readiness for SCA implementation may differ from the official enforcement dates.}

_{Published 15 May 2024 | P2024.0429}

Update: Visa clarified that the maximum transaction amount of debit products for the Visa Commercial Omni¹ and Visa Commercial Choice Travel² programs is 749,999.99 USD.

Starting 12 April 2024, Visa will include debit (D) and charge (H) as account funding sources for the B2B Virtual Payment and Flexible Rate B2B products. Visa will also support POS Entry Mode Code 10, allowing credential-on-file for both products.

<sub>1. Formerly known as Visa B2B Virtual Payments Program
2. Formerly known as Visa Flexible Rate B2B Virtual Program</sub>

_{Updated 15 August 2024 | P2023.1850u3
Published 15 March 2024 | P2023.1850}

On 13 April 2024, Visa has made partial authorization for debit and prepaid card-present and card-not-present transactions available to those transaction under the merchant category codes listed below. Adoption of this service is highly recommended to reduce non-sufficient funds declines and provide a better experience for cardholders needing access to funds for essential everyday purchases.

• MCC 4121 – Taxicabs and Limousines
• MCC 4900 – Utilities - Electric, Gas, Water and Sanitary
• MCC 5399 – Miscellaneous General Merchandise
• MCC 5411 – Grocery Stores and Supermarkets
• MCC 5499 – Miscellaneous Food Stores - Convenience Stores and Specialty Markets
• MCC 5541 – Service Stations (with or without Ancillary Services)
• MCC 5542 – Automated Fuel Dispensers (AFD) (no change)¹
• MCC 5552 – Electric Vehicle Charging
• MCC 5812 – Eating Places and Restaurants
• MCC 5814 – Fast Food Restaurants
• MCC 5912 – Drug Stores and Pharmacies
• MCC 5999 – Miscellaneous and Specialty Retail Shops
• MCC 8398 – Charitable Social Service Organizations
• MCC 9311 – Tax Payments

Please visit our Developer Center for the complete specifications required to support partial authorizations.

_{1. Europe clients are already required to support partial authorization for AFD transactions made with credit, debit, and prepaid cards.}

_{Published 16 April 2024 | P2023.2165; P2024.0430}

On 13 April 2024, Visa will make the following changes to their authorization response codes.

Table – Visa Authorization Response Codes Updates

_{Published 15 April 2024 | P2024.0192} 

Effective 12 April 2024, Visa will add new spend qualified indicator (SQI) values to identify the spend tier in support of the spend qualification processing for existing and new small business products cards issued in the U.S. and Puerto Rico, as seen in the below table.

As a result, you may notice a new SQI value in your transactions specifically for small business cards issued in the U.S. and Puerto Rico.

Table – Visa New SQI Values for Small Business Products Cards Issued in the U.S. and Puerto Rico

_{Published 15 March 2024 | P2023.1852}

On 13 April 2024, Visa will update the following fees and interchange rates to all transactions in the territories of French Guiana, Guadeloupe, Martinique, Mayotte, Réunion, Saint Barthélemy and Saint Martin (now part of the Europe region):

• French domestic fees and interchange rates will apply to transactions between France and these French territories.
• Intraregional European Economic Area (EEA) fees and interchange rates will apply to transactions between EEA countries and these French territories.
• Intra non-EEA fees and interchange rates will apply to transactions between non-EEA countries and these French territories.
• Interregional fees and interchange rates will apply to transactions between countries outside of the Europe region and these French territories.

_{Published 15 March 2024 | P2023.2204; P2023.1854}

Visa will be updating their standard authorization framework structure on 13 April 2024 to modernize existing authorization validity¹ and clearing timeframes² as shown in the table below. Note that the maximum time frame of 2 calendar days for intraregional contactless transactions in all European countries will not change.

On 13 June 2024, Visa will be applying a 0.09% extended authorization service fee of the transaction amount to card-not-present cardholder-initiated transactions that clear beyond 10 calendar days. Additional applicable processing integrity fees may apply but are open to dispute by the cardholder.

Table – Visa New Authorization and Clearing Time Frames

<sub>1. This is the maximum amount of time a merchant has to complete the transaction once an authorization request has received an approval response.
2. This is the maximum amount of time a bank has to process completed transactions from the transaction date.
3. Time frames begin on the date of a valid authorization.</sub>
4. Automated Fuel Dispenser preauthorization requests need a completion or reversal message sent two hours from the receipt of an approval response.

_{Published 15 March 2024 | P2023.2046}

Effective 1 July 2024, only Payment Card Industry Data Security Standard (PCI DSS) v4 validation documents will be accepted by the Visa Network. To ensure validation documents are accepted by Visa, you are encouraged to begin using the PCI DSS v4 as early as April 1, 2024 when the current version 3.2.1 is retired.

Please visit the PCI Council website for more information. 

_{Published 15 September 2023 | P2023.1230}

In 2024, Visa will no longer support Cardholder Verification Method (CVM) offline plaintext PIN in unattended cardholder activated terminals (UCAT). The following updates to Visa Rules will apply to all countries except Japan.

_{Published 15 December 2023 | P2023.1491}

Starting 19 January 2024, Visa will no longer decline transactions in Argentine Peso made using cards issued outside Argentina.

_{Published 17 January 2024 | P2023.2419}

As a reminder, additional cardholder authentication is not needed for e-commerce transactions with a credential-on-file (COF) token type or when classified as electronic commerce indicator (ECI) 05.

_{Published 12 January 2024 | P2023.2237}

In order to distinguish the initial recurring transactions and Merchant Initiated Transactions (MIT) authenticated after a successful cardholder challenge, Mastercard is currently determining the value of kG rather than the previous leading indicator kB of the Accountholder Authentication Value (AAV).

These transactions will be processed as fully authenticated, recurring transactions and will not have a Strong Customer Authentication (SCA) exemption indicator or an original Trace ID. 

_{Note: This is for awareness only. Please continue to pass the AAV as received during authentication.}

_{Published 15 November 2024 | P2024.1770}

On 5 November 2024, Mastercard will introduce merchant advice code (MAC) value 43 for consumer multi-use Virtual Card Number. This new MAC value will be used for both approved and declined Account Status Inquiry (ASI) transactions.

_{Published 14 June 2024 | P2024.0767}

Mastercard is clarifying that merchants and their third-party agents are not required to put any exemption flag in the authorization message of unauthenticated MWP transactions under the Mastercard Wholesale Program (MWP) Secure Corporate Payment (SCP) exemption. MWP transactions with product codes below are assumed to be exempted. 

Table – Mastercard MWP Product Codes

_{Published 15 October 2024 | P2024.1689}

Mastercard no longer requires unattended point-of-sale (POS) terminals identified with any of the below MCCs to provide a receipt at the time of transaction:

• MCC 4111 (transportation: suburban and local commuter passenger, including ferries)
• MCC 4112 (passenger railways)
• MCC 4131 (bus lines)
• MCC 4784 (bridge and road fees, tolls)
• MCC 4789 (transportation services: not elsewhere classified)
• MCC 7523 (automobile parking lots and garages)

This is allowed provided that there is clear disclosure on how a cardholder may obtain the receipt at a later time. For example, a QR code may be displayed linking to a website address where the cardholder may enter their card’s PAN to access their transaction receipt. Any such means involving the transmission, storage, or processing card data must comply with the Payment and Card Industry Data Security Standard (PCI DSS).

_{Published 15 October 2024 | P2024.1542}

Effective 18 October 2024, Mastercard will be prohibiting credit card issuers from generating a cardholder dispute chargeback for automated fuel dispenser (AFD) transactions for chargeback reason code 4853 – Defective/Not as Described. This revision of the chargeback standard will apply to Mastercard transactions at AFDs with the card acceptor business code (MCC) 5542 (Fuel Dispenser, Automated).

AFDs in the region of Europe are excluded from this change.

_{Published 15 August 2024 | P2024.0119}

Effective 18 October 2024, Mastercard will require an online authorization for all refund transactions submitted for clearing. This excludes refunds conducted by airlines (MCCs 3000 through 3350 and MCC 4511) and contactless aggregated transit transaction refunds.

From 1 November 2024, this requirement will be included in Mastercard’s Data Integrity Monitoring Program and will help ensure that all refund transactions submitted for clearing contain the proper transaction data needed for issuers to link to corresponding refund authorizations.

_{Published 15 July 2024 | P2024.0493}

Effective 18 October 2024, default or static Transaction IDs such as MCC9999991231, Existing9999999, and others will no longer be allowed and a non-compliance fee will be assessed for submitting these restricted values. You must use the Transaction ID of the original authorization if available or if not, use the transaction ID from a recently approved authorization provided it meets the following:

• Recurring payment arrangement is at least 3 months old, and
• No cardholder dispute or fraud reported for the recurring payment arrangement

_{Published 14 June 2024 | P20Q2.333u1}

Mastercard is sharing the following updated requirements related to the Authentication Roadmap for Europe.

Table – Mastercard Authentication Roadmap for Europe EMV 3DS Requirements

_{Published 15 July 2024 | P2024.0935}

While Mastercard continues to encourage the adoption of digital transaction receipts, please take note of the revised standards for transaction receipts outlined below that are only applicable to card-present merchants.

I . Outside the Europe Region

A paper receipt must be offered to cardholders. Digital receipts are optional and may also be offered. The receipt standards for mobile point-of-sale (MPOS) terminals remain unchanged.

II. Europe Region

• Offering digital receipts are encouraged, while paper receipts are not required. Cardholders that request a receipt must be provided with either a paper or digital receipt
• If a paper cash register receipt, tax invoice, or other type of receipt is provided, then it is not required to offer an additional paper point-of-sale (POS) terminal receipt
• Transaction receipt standards for merchants in France remain unchanged
• Paper receipts must still be offered for the following cases:
  • If the merchant requires a paper receipt for a refund
  • If a merchant applies a restrictive return or exchange policy, it must offer a paper receipt on which the policy is stated
  • If a paper receipt is required for legal reasons, for example, to document a warranty

III. All Regions

• When a digital receipt is offered, the cardholder must be informed of any required additional personal data and steps to access the receipt
• Cardholder personal data must only be processed for the purpose of making the receipt available
• The receipt must be immediately available
• The merchant copy of the transaction receipt may be stored and provided in digital form

_{Published 14 June 2024 | P2024.0903}

This is a reminder that the Mastercard Directory Server Transacation ID must be submitted when qualifying a transaction into clearing and must match the ID received during 3DS authentication.

Please visit our Developer Center for the required specifications to include Mastercard Directory Server Transaction IDs during clearing and avoid possible non-compliance fees.

_{Published 15 April 2024 | P2023.0754}

Starting 1 April 2024, card issuers are no longer required to issue Mastercard credit cards with magnetic stripes. Please work with your POS terminal providers to ensure you can accept chip-only cards.

_{Published 15 March 2024 | P2021.0951}

Starting 12 April 20224, Mastercard’s refund transaction authorisation will be valid for 5 calendar days from the approval date, while the refund transaction must be submitted for clearing within 5 calendar days of the refund transaction date.

_{Published 22 March 2024 | P2023.1830}

Mastercard will implement the changes below to their chargeback rules starting 12 April 2024.

• The following late-presentment chargebacks are moving from the point-of-interaction error category to the authorization-related chargeback category:
  • Payment transaction clearing submission timeframes
  • Contactless transit aggregated transactions
  • Refund transactions 
• The offline chip-approved transaction clearing timeframe will be added to the authorization-related chargeback category
• The late-presentment chargeback will be removed from the point-of-interaction error category
• Removal of the 21-calendar day exception in order to accumulate purchase transaction records completed with manually recorded card data

_{Published 15 February 2024 | P2023.2265}

The Virtual Reality Headset device type/form factor is now supported by Mastercard Digital Enablement Service (MDES). Please visit our Developer Center for the complete specifications.

_{Published 15 March 2024 | P2023.2426}

Mastercard is revising their standards to clarify that they may, directly or through their partners, use your business logos and public information on their digital apps and websites, including:

• physical business location
• contact information
• sales policies

Visit Mastercard’s Logo Microsite to update your business’ logo, address, contact information, sales policies and to learn more about how these revisions may affect your business.

An added provision also states that when you have believe that any use of your business logo is inconsistent with your standards, you may contact Mastercard through us, or at their logo microsite and they will modify their usage of your logo to conform to those standards. You may also request the withdrawal of your business logo. 

_{Published 15 March 2024 | P2024.0013}

Newly deployed terminals are required by Mastercard to return tag 9F33 (Terminal Capabilities) in Data Element (DE) 55 for all authorization and clearing messages by 31 December 2024. Please upgrade your terminal to comply with this requirement. 

_{Published 15 February 2024 | P2023.1322}

Mastercard has updated their Brand Center to include the following changes:

• The removal of trademark marking requirements for the word mark Mastercard, the Mastercard Symbol, Brand Mark, and Premium Brand Mark
• Notice on the requirements for trademark attribution
• A new section on using Mastercard in card program name
• A new section on using card program name in marketing and card program terms and conditions

_{Published 15 February 2024 | P2023.2319}

Mastercard is monitoring existing mobile point-of-sale (mPOS) and Tap to Phone indicators to ensure they are being used correctly. Using these indicators incorrectly may result in fee assessments. Please work with your payment solutions provider to ensure that your payment application is compliant.

These required indicators differentiate internal and external mPOS terminal readers and the type of PIN entry support. Visit our Developer Center for the complete specifications.

_{Published 12 January 2024 | P2022.1375}

Mastercard has aligned with France’s new legislation that requires the discontinuation of automatically issuing paper receipts. Paper receipts must only be provided in cases specified in the law such as declined transactions, refunds, purchases of durable goods that require a legal guarantee, or when requested by the cardholder. In other cases, receipts may be provided electronically, unless the cardholder does not wish to receive a receipt at all.

_{Published 15 December 2023 | P2023.0306}

Update: Mastercard removed the requirements outlined below. Final authorization clearing timeline remains to be 7 calendar days from the authorization date.

Beginning 22 May 2023, Mastercard will update their Performance Standards. Transactions that are authorized with a final authorization request message will need to be submitted for clearing within three calendar days (including Saturdays, Sundays and holidays) from the authorization approval date. This includes point-of-sale and e-commerce transactions.

You can use preauthorization coding if your business model requires more than three days to clear, for example split shipment or trial period.

This change does not apply to transactions made in the following countries: Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russian Federation, Tajikistan, Turkey, Turkmenistan, Ukraine, and Uzbekistan.

_{Updated 15 February 2024 | P2022.1387u2
Published 14 April 2023 | P2022.1387}

Starting 1 October 2024, American Express will no longer accept transactions using SafeKey 2.1. For continued Fraud Liability Shift benefits, please contact your 3DS service provider to make sure you are using SafeKey version 2.2 or higher.

_{Published 15 July 2024 | P2023.0890}