Reminder: Updates to the Current Credential-on-File Visa Mark
Online merchants must implement either version of the new Visa mark in their stored credential / COF / online checkout no later than March 31, 2021. Read more
Payment Card Settlement Update
On Dec. 13, 2019, the Court granted final approval to the $5.54 billion settlement. The settlement terms include claims for Visa and Mastercard transactions between Jan. 1, 2004 and Jan. 25, 2019. Appeals have been filed. No claims process can begin until the appeals are resolved. Additional information about the claims process and timing will be provided here as it becomes available.
Merchants may now pre-register to receive a claim form at https://www.paymentcardsettlement.com/en/Request.