Visa introduced new requirements for businesses that store cardholder payment information for use in future transactions, such as recurring payments, installment payments, and card on file payments.
This means that we will need to add <processingType> element in all recurring and stored credential transactions for Visa.
- Does this apply for Visa only?
- What happens if we add <processingType> element for Mastercard or other card schemes transactions? Will this be a problem?