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Showing posts from January, 2019

Auto renewal, bad practice to be stop by Mastercard

Have you ever tried signing up for a free trial and eventually paying for it as it becomes too much a chore to cancel the trial? You are not alone as this is a sneaky marketing tactic terms as auto rebill. It is a very big market on its on own. A lot of us are tricked into signing up for these freebies and the least we expect is to be billed for them. Up till now, we are at the mercy of these unscrupulous merchant. Fortunately Mastercard is stepping up its game on this. For a moment, it looked like Mastercard was ready to provide the ultimate solution — a new policy that would require merchants to explicitlyask you again, each and every month, before charging you a dime.

PHYSICAL PRODUCTS, NOT DIGITAL SERVICES Even though this does not give greater control people like us since this policy from Mastercard only covers tangible product trials, ignoring digital trials totally. Let us see how this new policy works. The new policy only applies when you subscribe to physical products that ge…