Visa, one of the world's largest credit card companies, is taking aim at
"scam" marketing practices that were quietly used by some of the
Internet's largest retailers in recent years.
Retailers will no longer be able to allow third parties to charge a
customer's card without the card owner re-entering credit card
information, Visa said Tuesday. This is Visa's response to one of the
biggest scandals to rock online retailing in years.
Last year, the U.S. Senate Committee on Commerce, Science, and
Transportation launched an investigation after learning that thousands
of consumers had complained about receiving mysterious credit card charges.