Effective date:
 October 14, 2023
Processor:
Visa Platform Connect
Regions:
 All regions
Service:
 Authorization requests
Feature
Visa now requires installment providers who process payments with Mastercard to include a specific value in the authorization message request.
Acquirers
The value for this field corresponds to the following data in the TC 33 capture file:
  • Record: CP07 TCR0
  • Position: 48–50
  • Field: Bill Payment Transaction Type Identifier
Merchants
Installment providers, who are not the merchants selling the goods or services, must set the authorization payment type field to
005
 to indicate a purchase repayment.