The compliance dates to switch to Account Funding Transactions (AFTs) are:
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July 31, 2024 – Visa began blocking AFT transactions in the US and India, and began blocking purchase transactions for AFT merchants in Ukraine.
- January 31, 2024 – All in-scope merchants must switch to AFTs for Visa transactions.
- March 1, 2025 – All MCC 4829 (money transfer) and 6538/6540 (funding transaction) merchants must switch to AFT for Mastercard transactions
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April 30, 2025 – All MCC 6051 (cryptocurrency), 7800/7801/7802/7994 (Gaming/Gambling), and MCC6211 (Securities) merchants must switch to AFT for Mastercard transactions in the United States. Note that merchants do not need to process the direct purchase of cryptocurrency as AFT.
- August 15, 2025 – All MCC 6051 (cryptocurrency), 7800/7801/7802/7994 (Gaming/Gambling), and MCC6211 (Securities) merchants must switch to AFT for Mastercard transactions in Europe. Note that merchants do not need to process the direct purchase of cryptocurrency as AFT