MasterCard Leads The Way With Negative Opt Out / Continuity Merchant Billings

 In CHARGE BACK, credit card processing, Uncategorized


Free trials which roll into permanent billing are being regulated HEAVILY by MasterCard.

For each payment thereafter, the merchant will have to send a receipt to the cardholder for each transaction by email or text message with clear instructions on how to cancel the service if the consumer so desires.

This is really great for cardholders who get into these free trials that never end.

Read more at: https://newsroom.mastercard.com/2019/01/16/free-trials-without-the-hassle/

Let us know how we can help you with better service or with Point of Sales Systems or credit card processing, contact us anytime via email info@tampabaymerchantservices.com or call us at 727-916-7294.

 

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