Millions of Americans pay for Netflix, doling out anywhere from $6.99 to $22.99 a month. It’s a common belief that you can get out of recurring charges like this by canceling your credit card. Netflix won’t be able to find you, and your account will just go away, right? You wouldn’t be crazy for believing it, but it’s a myth that canceling a credit card will definitely stop your recurring charges.
Visa has spotlighted its evolution through new changes to its dispute processes in January, making it easier for merchants to fight first-party misuse for card-not-present transactions.