Network Updates
Network Updates
SUMMER 2024 RELEASE GUIDE
The card networks (Visa, Mastercard, Amex, Discover, etc.) introduce and make changes to their operating rules and mandates throughout the year. Many of these changes come twice per year—in spring and fall.
These network updates typically include fee introductions or fee changes, new mandates, new features, or updates to existing features. The changes can be broad in nature and may include updates such as mandates to comply with new regulations; implementing new fees; or requiring merchants to use schemes like 3DS 2.0 to help reduce fraud.
While many of the updates require no action for merchants, some do require integration changes or force adoption of services. Additionally, some of the updates carry new or changed fees.
PayPal Braintree teams have worked together to identify the key updates for Summer 2024, and we have provided information about these updates below. We have called out the type of update (fee change, mandate, new feature/update), which network the update comes from, and the relevant market(s).
KEY SUMMER 2024 NETWORK RELEASES (click below to jump to specific update)
Scheme | Name (click to jump) | Type | Geographic Impact |
Visa | Behavioral | Global | |
Fee Change | APAC, AU | ||
Fee Change | CA | ||
Mastercard | Revising Interregional Acquirer Cross-Border Fee and Acquiring Interregional Transaction Fee | Fee Change | EU |
Revising and Introducing Interregional Acquirer Card-Not-Present Fees mandate | Fee Change | EU | |
Fee Change | EU | ||
Revised Excessive Authorization Attempts in Transaction Processing Excellence Program change | Behavioral Change | EU | |
Fee Change | US | ||
Fee Change | US | ||
Fee Change | US | ||
Revision of Cross-Border Assessments for Select APAC Countries | Fee Change | APAC |