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April 29, 2020

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VISA Delays Enhanced Descriptor Requirement Until April 2021

Business Media and Publishing, Business Operations, Business Services, Consumer Media and Publishing, Consumer Services, Data and IoT, Entertainment and Streaming, Learning and Training, Magazines, Memberships, Newsletters, Payment Processing, Product Development, Regulation and Compliance, SaaS and Cloud Services, Subscriber Only, Subscription Apps, Subscription Boxes, Subscription Gaming /

VISA has announced an Emergency COVID-related Operational Business update and this announcement delays VISA’s enhanced descriptor requirement until April 2021 with proactive compliance enforcement put on hold for the time being. All other aspects of the policy including clear T&Cs upon enrollment, reminder notification, and online cancellation remain in effect as of April 18, 2020. Lisa B. Dubrow, Esq. explains.

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