Free trial offers about to take a hit?
Mastercard will stop free trials from automatically billing you once they’re over.
Plus, merchants will be required to send you monthly updates.
Mastercard announced a new policy today for merchants who retain your card information after you sign up for a free trial. Soon, Mastercard will require those merchants to request an official authorization for any recurring subscriptions.
“Mastercard, we want every commerce engagement to be simple, safe and secure and we are introducing rules for merchants that offer free-trials to make this a ha ...