🚨 VISA MOVES TO END CREDIT-CARD REWARDS ON MEMECOIN PURCHASES
Visa is reportedly moving to stop payment processors from classifying certain memecoin purchases as digital-media transactions, a setup that allowed some buyers to earn normal credit-card points or cashback.
📉 What’s changing? • Memecoin purchases were reportedly processed under MCC 5815 — digital media
• Visa’s crypto rules generally use different merchant codes for cryptocurrency transactions
• The change could mean no regular card rewards on affected purchases
• The reported grace period is expected to end next week
• Mastercard has not announced an equivalent move
⚠️ This does not mean Visa is banning memecoin purchases. The reported change is mainly about how these transactions are classified and processed.
👀 Will this make memecoin buying more expensive for users?
Are you ready??
#Visa #Crypto #Memecoins #Bitcoin
$SHIB
$PEPE
$BTC
Visa is reportedly moving to stop payment processors from classifying certain memecoin purchases as digital-media transactions, a setup that allowed some buyers to earn normal credit-card points or cashback.
📉 What’s changing? • Memecoin purchases were reportedly processed under MCC 5815 — digital media
• Visa’s crypto rules generally use different merchant codes for cryptocurrency transactions
• The change could mean no regular card rewards on affected purchases
• The reported grace period is expected to end next week
• Mastercard has not announced an equivalent move
⚠️ This does not mean Visa is banning memecoin purchases. The reported change is mainly about how these transactions are classified and processed.
👀 Will this make memecoin buying more expensive for users?
Are you ready??
#Visa #Crypto #Memecoins #Bitcoin
$SHIB
$PEPE
$BTC