Published · Global
PCI-DSSIndustry news
Visa and Mastercard drop honor all cards rule in merchant settlement
Visa and Mastercard agreed to eliminate the honor‑all‑cards requirement while settling litigation with merchants, though the change may have limited impact.
1 source
What happened
No regulatory body mandated the change.
Why it matters
Merchants should assess whether the removal of the rule alters their card‑acceptance contracts, but broader industry practices are unlikely to shift dramatically.
Business impact
The change could simplify contract negotiations for some merchants, yet most payment processing arrangements will remain unchanged.
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