Update for POS Entry Mode 91 Transactions
13 Oct 2022
As acceptance and usage of contactless payments grows in the U.S., it is important to offer the most secure experience possible to protect the payment ecosystem and to earn the trust of consumers. In support of this, since 2019, all terminals accepting contactless payments in the U.S. have been required to actively support EMV®-based contactless functionality, or qVSDC, and to disable the mag stripe version of contactless payments – POS Entry Mode 91, more commonly known as MSD. To encourage the use of qVSDC contactless, Visa is moving forward with a fee for POS Entry Mode 91 transactions beginning on April 1, 2023.