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Zuora Support Moderator

Visa's New Mandate for stored card transactions (CIT/MIT) for April 2018

Please advise if Zuora is aware of Visa's new stored card mandate which takes effect April 2018.

 

See Visa's documentation here: https://usa.visa.com/dam/VCOM/global/support-legal/documents/stored-credential-transaction-framework...





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Zuora Support Moderator

Re: Visa's New Mandate for stored card transactions (CIT/MIT) for April 2018

Yes, our payments team is aware of thie new Visa mandate and are still working on implementing the changes. In the mean time, please contact Visa directly for an interim exemption from the new mandates.

 

 





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New Student

Re: Visa's New Mandate for stored card transactions (CIT/MIT) for April 2018

Do you have any updates on this? Will you be advising how we need to change our processes and T&C's for the customer

Savvy Scholar

Re: Visa's New Mandate for stored card transactions (CIT/MIT) for April 2018

Hi,

 

This is marked as solved but doesn't contain any information on the new MIT/CIT requirement. Can you provide an update please?

 

Thanks!

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Savvy Scholar

Re: Visa's New Mandate for stored card transactions (CIT/MIT) for April 2018

Specifically I'd like to know whether the chase gateway is sending eCommerce transactions through with the CIT code CREC and the Recurring transactions with the MIT code MREC. 

Zuora Engineering

Re: Visa's New Mandate for stored card transactions (CIT/MIT) for April 2018

Hi @gcummins18, the implementation is ongoing as planned and there will be documents(to explain what is required from the customers) published together when the feature is released.

Zuora Engineering

Re: Visa's New Mandate for stored card transactions (CIT/MIT) for April 2018

Hi @howellpage , yes that is correct.

Savvy Scholar

Re: Visa's New Mandate for stored card transactions (CIT/MIT) for April 2018

Do we have the documentation for this ?