Viewpoints

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PERSPECTIVES ON DIGITAL CURRENCY

Sep 2, 2010

Credit Card Purchases

Minimizing Confusion Over Minimums

We here at Visa wanted to take the opportunity to clarify a few recent posts about U.S. merchants setting a minimum purchase requirement for using a credit card. For our part, we want to proactively offer Visa’s perspective on this issue to minimize any confusion, particularly since Visa did not allow this practice in the past.

The answer is actually rather simple: We’ve changed our rules to conform to U.S. federal law.

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Posted by: Ted Carr, Visa Corporate Relations on September 2, 2010 at 7:44 pm