Quote:
Originally Posted by TheDoc
Other Visa rules cover the Company, to them it's all about sharing credit card/billing information with other merchants, which 3rd party processors don't do.
This rule was straight up for merchant accounts sharing/selling data to other merchant accounts. This has always been in the rules (visa just told us how to do it legit) and it's also a privacy violation in just about every country in the world to share that information without consent.
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if it was/is already illegal to share the information between merchants why would visa come out with the new compliance regulations.
To me it seems simple many sites were going wild with 2 and 3 cross-sales with completely different descriptors making the consumer confused as to where the charges originated from. Solution keep cross-sales inhouse making the consumer aware of where the purchase came from. Allowing 3rd party processors to circumvent this won't solve anything so while it may be working now i don't see this as very long term