VISA enacted new regulations last year pertaining to automatically renewing charges that commenced with free trials or introductory or discounted offers which convert to regular pricing. One of those requirements included the requirement for Enhanced Billing Descriptors – a requirement that was delayed due to COVID-19 interruptions until April 2021. Our coverage of the VISA Regulations with a refresher of the full regulation, including the enhanced Billing descriptor. In order to comply with VIS...
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