As I originally reported in November, VISA has issued new rules concerning the acceptance, disclosure and notice obligations of merchants conducting free trial offers and introductory or promotional offers ("Promotional Term") that convert to paid programs. These changes go into effect April 18, 2020. Applicability. It has been confirmed that the rules apply to not just free trials but also introductory or discounted offers that convert to regular pricing. They will not apply to stepped up prici...
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