The compliance dates to switch to Account Funding Transactions (AFTs) are below:
Visa
- January 31, 2025: All in scope merchants (excluding MCC 6211) in the US must process AFTs for mandated use cases. In specific scenarios, you may have been granted an extension from Visa for this mandate – we’ll have sent you a communication if this is the case
- July 31, 2025: All in scope merchants (excluding MCC 6211) merchants in Hong Kong must process AFTs for mandated use cases.
- March 31, 2026: All in scope merchants (excluding MCC 6211) merchants in Australia, Canada, the UK, EEA, MENA, New Zealand, and Singapore must process AFTs for mandated use cases1.
- October 18, 2026: All MCC 6211 merchants must move to AFTs globally.
1 For cards issued in Australia, Belgium, Brazil, Canada, France, Ghana, Hong Kong, Kuwait, Mexico, Netherlands, New Zealand, Saudi Arabia, South Africa, Taiwan, and Trinidad and Tobago you can continue to send cross border transactions as purchase until April 1, 2027.
For domestic transactions, you must now send the transaction as AFT.
Visa has also confirmed that no further extensions will be granted for card issued in Angola, Antigua and Barbuda, Egypt, Grenada, Japan, Kazakhstan, Luxembourg, Morocco, Puerto Rico, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Singapore, United Arab Emirates. If you process cards issued in these countries (and any other country not listed in the exception list above) and are in-scope for AFT processing, you must switch to AFT processing now.
Mastercard
- April 30, 2025: All merchants processing under MCCs 60512 (cryptocurrency), 7800 / 7801 / 7802 / 7994 (Gaming/Gambling), and 6211 (Securities) must process AFTs for Mastercard in the US2.
- March 31, 2026: All merchants that process under MCC 4829 (money transfer) or 6538 / 6540 (funding transactions) must process AFTs for Mastercard in Australia, Canada, Hong Kong, New Zealand, and the UAE.
- April 15, 2026: All merchants that process under MCCs 60512 (cryptocurrency) and MCC 6211 (Securities) must process AFTs for Mastercard in Canada.
- May 31, 2026: All merchants that process under MCC 4829 (money transfer) or 6538 / 6540 (funding transactions) must process AFTs for Mastercard in the UK, Europe, Singapore, and the US.
- March 31, 2027: All merchants that process under MCCs 6012 (cryptocurrency), and MCC 6211 (Securities) must process AFTs for Mastercard in the UK, Europe, and MENA.
2 You can still process direct purchase of cryptocurrency as purchase transactions for Mastercard. However, if your customers use the cryptocurrency to load an account for future purchases, you must process the transaction as an AFT.