3 ms·
it's called automatic billing updaters. like Visa: Visa Account Updater (VAU) https://developer.visa.com/capabilities/vau https://developer.visa.com/capabilit
by resonantjacket5 5mo ago
it's called automatic billing updaters.
like
Visa: Visa Account Updater (VAU) https://developer.visa.com/capabilities/vau https://developer.visa.com/capabilities/vau
Mastercard: Automatic Billing Updater (ABU)
it worked fine for sometime, but the problem is that now the stolen credentials are being refreshed now as well.
- lxgr 5mo agoIdeally, the issuer is able to investigate what type of fraud exactly happened on the card, and in case of a suspected compromised card number they can choose to simply not perform account updates or carry over tokens to the new card. Practically, it's of course not that simple or clear-cut. As most things in payments, this too is a trade-off of cardholder inconvenience, support effort, fraud losses etc.