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

[Rolando]

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...

[Rolando · Accepted solution]

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.

[gcummins18]

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

[howellpage]

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!

[howellpage]

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. 

[Guoqing]

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.

[Guoqing]

Hi @howellpage , yes that is correct.

[ysireesha]

Do we have the documentation for this ?