Regions: US, AP, Canada, CEMEA, LAC, Europe
30 June 2022
Visa will update the Visa Rules for Visa Non-Payment Authentication (NPA) transactions, which will require issuers to provide an electronic commerce indicator of 05 and the Cardholder Authentication Verification Value for fully authenticated NPA requests.
Regions: US, AP, Canada, CEMEA, LAC, Europe
16 June 2022
Visa will update dispute rules and language to provide additional standardization of data to improve the effectiveness and efficiency of dispute processing.
Regions: US, AP, Canada, CEMEA, LAC, Europe
16 June 2022
Visa is providing reminders and clarification with regard to accurately and consistently populating the Merchant Name / Descriptor field.
Regions: US, AP, Canada, CEMEA, LAC, Europe
16 June 2022
Leaf Certificates deployed on the Visa integration gateway will be renewed before their expiration. Clients must ensure their systems still function properly after Visa renews these certificates.
Regions: US, AP, Canada, CEMEA, LAC, Europe
2 June 2022
Visa will discontinue support for 3-D Secure (3DS) 1.0.2 on 15 October 2022. In preparation for the 3DS 1.0.2 sunset, Visa is reminding acquirers, merchants and issuers to migrate to EMV® 3DS.
Regions: US, AP, Canada, CEMEA, LAC, Europe
12 May 2022
The Payment Card Industry Data Security Standard (PCI DSS) version 4.0 has been published. Visa will continue to accept PCI DSS version 3.2.1 validations dated 31 March 2024 or prior.
Regions: Canada, US
12 May 2022
Visa is planning changes for transactions processed on or after 15 April 2023 in Canada and the U.S. Cardholder-initiated card-not-present transactions using fully authenticated tokens will be classified with electronic commerce indicator (ECI) 05, subject to meeting performance standards. In addition, dispute rights for Dispute Condition 10.4: Other Fraud—Card-Absent Environment on these transactions will be removed.
Read article about E-commerce transactions with fully authenticated tokens
Regions: US
12 May 2022
As announced in the 12 May 2022 edition of the Visa Business News, Google will be the first partner to use Visa Token Service to enhance the Chrome browser, as well as Android, Autofill features with e-commerce enabler tokens. Visa and Google employee testing is expected to begin 21 June 2022, which may result in some very limited traffic. The gradual pilot rollout for Chrome and Android users in the U.S. is planned to begin in August 2022, with full U.S. rollout anticipated by November 2022. No other countries are announced at this time.
Currently, Google Chrome (across all operating systems), as well as Android, offer the capability to autofill primary account number (PAN) credentials on behalf of the cardholder, reducing the need for manually key-entered credentials at checkout. As announced in the 27 January 2022 edition of the Visa Business News, Visa Token Service (VTS) has enabled the ability for web browsers to replace PAN credentials with Visa network tokens for improved security and reduced friction in checkout experiences.
With Visa network tokens being utilized via Google Autofill, merchants, issuers, and cardholders can further experience the benefits that network tokens bring to the ecosystem—including higher authorization rates, lower fraud rates and better cardholder experiences. These tokenized Autofill credentials will work within existing merchant card entry forms that already support the use of Google Chrome Autofill today, meaning no additional integration with Google or VTS is required of merchants to process payments with these tokens. Merchants / acquirers can submit the token data in the same manner as they submit PAN-based transaction data. A three-digit dynamic token verification value (DTVV) cryptogram will be auto-filled in place of Card Verification Value 2 (CVV2). Merchants may store (with consumer consent) auto-filled tokens for future credential-on-file (COF) transactions. Merchants can contact their acquirer or Visa representative to learn more.
Regions: US, AP, Canada, CEMEA, LAC, Europe
5 May 2022
Visa has updated the Account Funding Transaction (AFT) Processing Guide, the Visa Direct Original Credit Transaction (OCT)—Global Implementation Guide and the Visa Direct Payouts—Push to Account Program Guide. Clients and their partners that originate or receive AFTs, Visa Direct OCTs and/or push to account transactions should review the updated guides for information on how to best support these transactions.
Regions: US, AP, Canada, CEMEA, LAC, Europe
5 May 2022
Acquirers registered in the Dynamic Currency Conversion (DCC) Compliance Program for POS and/or ATM must register their DCC-enabled merchants for the period ending 31 July 2022 by 15 August 2022, and must update the ATM Locator quarterly with their DCC-enabled ATMs. Acquirers must advise Visa by 30 September 2022 if they wish to deregister as an acquirer from the DCC Compliance Program in fiscal year 2023. Visa is also reminding clients about the audit component of the DCC Compliance Program and the requirement for paper-based DCC solutions to be sunset by 15 October 2022.
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
28 Apr 2022
To accommodate the addition of eight-digit issuing Bank Identification Numbers (BINs), the National Card Recovery File and Regional Card Recovery Files have been updated with a new Format Code value of 7 (Blocked 8-digit BIN). In addition, the description for existing Format Code value 3 has been updated from Blocked BIN (6-digit BIN or 8-digit BIN) to Blocked BIN (6-digit BIN). These changes are effective immediately.
Regions: US, Canada
19 Apr 2022
Visa Token Service (VTS) is enabling web browsers with the ability to enhance their browser auto-fill solutions with Visa payment tokens, per the 27 January 2022 VBN announcement. Web browsers will have the capability to replace primary account numbers (PAN) with e-commerce enabler tokens, which will provide browsers the ability to auto-fill cardholders’ tokenized credentials, including the token, token expiration date and three-digit dynamic token verification values (DTVV), at merchant card entry forms. Each individual web browser will determine the user experience and how it educates its users about the solution. While Visa is enabling this capability for browsers in April 2022, no browser has announced its intent to provide a tokenized auto-fill solution. Visa will provide at least 30 days notice before a browser implements this capability.
Currently, browsers offer the capability to auto-fill PAN credentials on behalf of the cardholder, with the aim to reduce key-entered credentials at guest checkout. Visa Token Service (VTS) will enable the ability to replace the browser auto-filled PAN credentials with Visa payment tokens for better security and reduced friction in the guest checkout experience. By enabling Visa payment tokens to be used in a browser’s auto-fill solution, merchants, issuers and cardholders can further realize the benefits that network tokens bring to the ecosystem—namely higher authorization rates, lower fraud rates and better cardholder experiences. Merchants that would prefer not to receive tokens via browser auto-fill can contact their acquirer to opt out.
These tokenized auto-fill credentials will work within existing merchant card entry forms that already support the use of browser auto-fill solutions today, meaning no effort will be required from merchants to process these tokens for payment. Merchants can contact their acquirer or Visa representative to learn more.
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
14 Apr 2022
Visa is introducing a vibrant blue Visa Brand Mark, two new colors of the Premium Visa Brand Mark, and an updated staged Visa Brand Mark for use on payment device designs.
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
7 Apr 2022
As announced previously, the current Visa Secure eCommerce certificate chain will expire effective June 2022. The Visa Secure Directory Server will be installing its G2 connectivity certificates beginning 2 May 2022 and fully completing on 16 May 2022.
Regions: US, AP, Canada, CEMEA, LAC, Europe
31 Mar 2022
Visa is introducing new requirements for the use of sensory branding in certain Visa events.
Regions: US, AP, Canada, CEMEA, LAC, Europe
31 Mar 2022
In compliance with the April 2022 VisaNet Business Enhancements release, Cybersource will roll out mandated changes in Visa Platform Connect. Visa has published a document outlining the mandated processing impacts for merchants.
Regions: US, AP, Canada, CEMEA, LAC, Europe
24 Mar 2022
Visa’s suspension of Russian operations also includes International Airline Program transactions and authorization requests initiated by a Global Distribution System with a Russia merchant location. By Friday, 8 April 2022 at 12:01 a.m. Moscow time, at the latest, acquirers must not submit IAP transactions with Russia as the merchant location, and GDSs must not seek authorizations with Russia as the merchant location.
Regions: US
24 Mar 2022
Visa is updating the transaction amount limit for automated fuel dispenser (AFD) transactions in the Custom Payment Service program, and revising the authorization limits and lost / stolen fraud liability rules for EMV®-enabled AFDs. These modifications are being made to reflect changes in the fuel market and improved security at EMV®-enabled AFDs.
Regions: US
10 Mar 2022
Visa is updating the rules to remove the mandate that U.S. fuel merchants in areas identified as high-fraud geographies include Address Verification Service (AVS) ZIP code information in all automated fuel dispenser (AFD) authorization messages. This change is effective 23 April 2022.
Regions: US, AP, Canada, CEMEA, LAC, Europe
9 Mar 2022
Visa is providing additional information on programs, best practices and frequently asked questions about managing and responding to disputes as a result of the suspension of operations in Russia.
Regions: US, AP, Canada, CEMEA, LAC, Europe
7 Mar 2022
Visa is providing updates specific to impacts on the payments landscape and Visa’s clients stemming from its suspension of its Russia operations.
Please be advised that Visa is suspending operations in Russia. On Thursday, March 10, 2022, at 12:01 a.m. Moscow time (March 9, 2022, 1pm PST), Visa will block all issuing and acquiring associated with all Russian members. While the suspension is effective on March 10, 2022, there will be a wind-down period to allow for processes such as collection of fees and resolution of chargebacks and disputes. The wind-down period may be limited in some cases to comply with applicable laws, including any applicable sanctions.
Regions: US, AP, Canada, CEMEA, LAC, Europe
5 Mar 2022
On March 5, 2022, Visa announced it is suspending its Russia operations. Effective immediately, Visa will work with its clients and partners within Russia to cease all Visa transactions over the coming days. Once complete:
Additional information will be provided in the coming days.
Regions: US
3 Mar 2022
Since the start of the pandemic, digital payments have enabled small businesses to continue serving their customers, both in their local communities and around the world. Visa has taken a series of actions to support small businesses, committing to digitally enabling 50 million small businesses globally, launching programs and directing resources to provide the essential digital capabilities needed for recovery.
We are now taking an additional step to help U.S. small businesses compete and grow by lowering key in-store and online consumer credit interchange rates for more than 90% of American businesses by 10%. These changes will take effect April 2022.
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
28 Feb 2022
Visa is providing updates specific to impacts on the payments landscape and Visa’s clients stemming from recent sanctions relating to Russia and Ukraine. As the situation evolves, Visa will continue to provide updates and additions to these Frequently Asked Questions (FAQ).
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
28 Feb 2022
In response to the U.S. Department of Treasury's Office of Foreign Assets Control (OFAC) sanctions, Visa is suspending business with Specially Designated Nationals (SDNs), effective immediately.
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
27 Feb 2022
This article is designed to help clients handling disputes due to the current events in Russia and Ukraine.
Regions: US, AP, Canada, CEMEA, LAC, Europe
24 Feb 2022
Visa is reminding acquirers and their merchants how to process transactions following the 3-D Secure 1.0.2 quasi-sunset.
Regions: US, AP, Canada, CEMEA, LAC, Europe
3 Feb 2022
Visa has extended the waivers provided to European Economic Area (EEA) and UK acquirers for the use of an Interim Transaction Identifier. These waivers will now expire effective 31 October 2022. Non-compliance assessments will begin to accrue as of August 2022, and will be applicable for any use of the Interim Transaction Identifier as of 1 November 2022. Effective 31 October 2023, Visa will stop accepting the Interim Transaction Identifier in transaction messages.
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
27 Jan 2022
Visa is introducing a new account funding transaction (AFT) rule for processing and posting AFT Credit Adjustment advices. The new rule will improve the cardholder experience and reduce merchant complaints that funds are not credited to cardholders in a timely manner.
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
13 Jan 2022
As Visa has announced previously, the current Visa Secure eCommerce certificate chain will expire effective June 2022. All Visa Secure endpoints must trust the new eCommerce G2 root certificate chain and update / replace end-entity certificates according to the timelines below.
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
13 Jan 2022
To support the growth of cross-border Visa Direct original credit transactions (OCTs) and to reinforce the security of the payment ecosystem, Visa will introduce several new data fields and requirements for OCTs.
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
6 Jan 2022
Visa will require migration to its EMV®-compliant Level 3 (L3) Test Set Files for any new L3 testing in all regions, and is communicating associated impacts and benefits.
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
6 Jan 2022
Effective 22 April 2022 for acquirers and 15 July 2022 for issuers, Visa will launch the Network Merchant-Initiated Transaction (MIT) Service to help merchants and acquirers manage the Original Transaction Identifier requirements for processing MITs.
Read article about introduction of the Visa network MIT service
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
16 Dec 2021
Effective 1 April 2022, Visa will update the Visa Acquirer Monitoring Program in an effort to mitigate enumeration attacks.
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
2 Dec 2021
Effective 23 April 2022, the Visa Rules and the Visa Secure Program Guide will be updated to include new authentication requirements for Visa Secure.
REGIONS: US
18 Nov 2021
Visa has updated the list of issuing Bank Identification Numbers (BINs) designated as Visa Fleet BINs for the U.S. market. Fleet merchants and acquirers need to update their list of BINs to better identify Visa Fleet products.
REGIONS: US, Canada
18 Nov 2021
Visa has a number of fee-based consulting services related to the adoption of the eight-digit Bank Identification Number (BIN) industry standard available to assist clients and their partners as they prepare to support the new industry standard.
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
11 Nov 2021
As previously announced, the current Visa Secure eCommerce certificate chain will expire effective June 2022. All Visa Secure endpoints must trust the new eCommerce G2 root certificate chain (in addition to the current eCommerce [G1] root certificate chain), and were able to begin that part of the process on 1 July 2021.
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
11 Nov 2021
Visa is moving from multiple marks to signal acceptance and Visa payment capability to one mark.
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
28 Oct 2021
Visa has updated the Account Funding Transaction (AFT): Processing Guide, the Visa Direct Original Credit Transaction (OCT)—Global Implementation Guide and the Visa Direct Payouts Push to Account Program Guide. Clients and their partners that originate or receive AFTs and/or OCTs should review the updated guides for information on how to best support these transactions.
REGIONS: US, Canada
28 Oct 2021
To ensure that issuers’ currency-posting practices are visible to originating entities, Visa has enhanced processing requirements for cross-border Original Credit Transactions (OCTs). Visa will also implement a change to VisaNet to support these requirements.
REGIONS: US
21 Oct 2021
Effective 23 April 2022, Visa will make changes to the Visa Rules to decouple the merchant category code and cryptocurrency indicator requirements. The updates aim to clarify the usage of a cryptocurrency indicator and better identify cryptocurrency-related transactions, ensure consistency among clients and partners, and support various use cases and clients’ efforts in the digital asset space.
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
14 Oct 2021
Visa has modified the effective date for prohibiting the printing of merchant, terminal and card acceptor identification numbers on transaction receipts. Visa will also allow for full values on merchant receipts and truncated values on cardholder receipts.
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
14 Oct 2021
Effective 16 October 2021, Visa will update the Visa Rules related to payment facilitators to support their growth and expansion.
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
30 Sep 2021
In an effort to optimize the merchant-initiated transaction (MIT) framework, Visa will restrict token-originated standing instruction MITs to card-on-file tokens only.
Read article about restrictions on standing instruction MITs
REGION: US
30 Sep 2021
In the U.S. Region, Visa ReadyLink is expanding in October 2021 to support select Debit and Prepaid products. Changes have been made to the Visa Rules as well as the Visa ReadyLink Service Description and Implementation Guidelines, including load partner receipt requirements and reporting requirements.
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
23 Sep 2021
The Visa Smart Debit / Credit Certificate Authority (CA) has extended the expiration date of the 1984-bit CA key. The expiration date of the 1408-bit CA key has not changed.
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
13 Sep 2021
Visa is reminding clients to maintain adequate controls to swiftly detect and block enumeration attacks and account testing schemes.
Read article about Visa guidance to guard against enumeration attacks
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
12 Aug 2021
Visa is reminding clients to maintain adequate controls to swiftly detect and block enumeration attacks and account testing schemes.
Read article about Visa guidance to guard against enumeration attacks
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
29 July 2021
The current Visa Secure eCommerce certificate chain is expiring in 2022. As previously announced, all Visa Secure endpoints must update their certificate chains, and were able to begin that part of the process starting 1 July 2021. Visa has now revised the starting date to 1 August 2021 (from 1 February 2022) for MPI and 3DSS endpoints to begin requesting and installing / using new (end-entity) certificates signed by the new eCommerce G2 Issuing Certificate Authority.
REGIONS: US, AP, Canada, CEMEA, LAC, Europe
22 July 2021
Acquirers and their merchants are reminded to use Merchant Category Code (MCC) 5552 if they are offering electric vehicle charging services to customers.
REGIONS: US
15 July 2021
Visa is reminding stakeholders of the upcoming October 2021 and April 2022 dates for implementation of mandatory changes related to Visa’s Fleet 2.0 initiative. In addition, the Visa Rules pertaining to Visa’s Fleet 2.0 initiative have now been updated and will become effective 16 October 2021.
Read article about reminder: U.S. fleet program enhancements
REGIONS: US, Canada, CEMEA, LAC, Europe
15 July 2021
The Consumer Bill Payment Service is expanding to additional countries and additional merchant category codes.
Visa published an easy-to-use guide to help smaller merchants navigate the world of transaction disputes. For more information, please see Dispute Management Guidelines for Visa Merchants on Visa.com.
The updated resource defines required procedures in response to an account data compromise.
As merchants in United States enable their payment card acceptance infrastructure for EMV chip technology starting October 1, 2015, counterfeit fraud will increasingly migrate to acceptance segments that have not implemented EMV chip technology, such as automated fuel dispensers (AFDs). This will lead to counterfeit fraud chargeback liability for fuel merchants if AFD EMV chip acceptance enablement is not completed by October 1, 2020.
Visa prepaid and debit cards are popular forms of payment at the register. Visa’s Partial Authorization service provides an alternative to declining a transaction when the card’s available balance is not sufficient to approve a transaction in full. Participating issuers return an authorization response with an approval for a portion of the original amount requested, enabling the remainder of the transaction amount to be paid by other means using split tender functionality.
More webinars and documents containing in-depth information designed to help Visa merchants navigate acceptance, fraud, data security, authorization and more. Download, print and keep them on hand at your business.
This digest consists of summaries only and does not supersede or modify Visa Business News publications. Please contact your Acquirer for further information about any publications. Actual Visa Business News articles are not public materials and should not be treated as public documents, e.g., posting on merchant websites, etc.
The Visa Business News was launched to Europe clients on August 11, 2016. Prior to that, announcements were communicated via Visa Europe Member Letter.
