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I recently had to get a card replaced and what was interesting was that some companies with recurring subscriptions automatically updated to the new card number

I recently had to get a card replaced and what was interesting was that some companies with recurring subscriptions automatically updated to the new card number without any input from me. Not everyone did this but it was about half of my recurring charges. They must have some way of updating the info via the card provider. The expiration date and CVV changed as well but they magically already had it.

mjcl 9y ago
Visa's product is called Account Updater[1] and MasterCard's is Billing Updater[2]. It allows previously approved billers to get updated card information when a card is replaced due to expiration, loss, fraud, upgrade, etc. [1] https://usa.visa.com/dam/VCOM/download/merchants/visa-account-updater-product-information-fact-sheet-for-merchants.pdf https://usa.visa.com/dam/VCOM/download/merchants/visa-accoun... [2] https://www.mastercard.com/us/wce/PDF/Billing%20Updater%20Brochure_10%2006.pdf https://www.mastercard.com/us/wce/PDF/Billing%20Updater%20Br...
amorphid 9y ago
This happened to me, too.