Visa re: Non-Visa Debit Transactions on Visa-Branded Cards
Visa Inc. has announced that it has "revised its U.S. Operating Regulations to expand the conditions under which non-Visa debit transactions can be processed without PIN validation on Visa-branded debit cards, effective July 1, 2008. The revision to the Visa USA Operating Regulations was made in response to inquiries by the Department of Justice and the Attorneys General of Washington, D.C., Ohio and New York. It will give merchants and financial institutions more processing options."
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