Mastercard will no longer be going ahead with its planned changes to Final Authorization Submission (clearing) rules in the Europe region*.
These changes were to take effect on May 22, 2024, but are now postponed. You can continue to capture final authorized transactions up to seven calendar days after the authorization date.
However, from 2025, Mastercard will begin to assess time-based authorization validity fees in Europe to incentivize faster capture times. You can find more details in our pricing bulletin.
Please disregard our previous notifications.
* Excluding: Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russian Federation, Tajikistan, Turkey, Turkmenistan, Ukraine, and Uzbekistan.
Tom is the Merchant Communications leader for Checkout.com, responsible for keeping merchants aware of product changes, scheme updates, and regulations. With 12 years of payments industry experience, Tom also writes blogs on general industry topics across all the solutions we offer.
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