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January 2026

8 days ago

In January 2026 we updated a brand name, added KYC parameters, deprecated a product parameter, documented a missing account closure reason code, added a feature for secured credit products, fixed a field name, and deprecated some more product parameters. Click January 2026 to see the details.

Terminology change

In these guides, we've changed "Visa Money Transfer" to "Visa Direct," according to the rebranding performed by Visa Inc. The Visa Direct transactions are incoming OCT and AFT transactions.

New KYC parameters

For clients who operate in Mexico and who have chosen Galileo as their BIN sponsor, there are new KYC request parameters for Create Account and Update Account.

Deprecated parameter

We have deprecated the IOANV product parameter. It was used in CV to enable an extended set of request fields for the Create Simulated Card Authorization endpoint, but now those fields are enabled for all clients by default.

Added missing account closure reason code

We added the missing deleted_fraud closure reason to the Account Closure Reasons table.

Delinquency management

We've added delinquency management for secured credit products. This feature configures automated rules to enforce your business’s policies for handling delinquent credit accounts.

See Setup for Galileo Secured Credit for more details on how to configure this feature for your program.

Corrected field name

In the Interest Savings Supplemental (ISS) RDF table, the SAVING_ACCOUNT_ID field was misspelled as SAVINGS_ACCOUNT_ID. It has now been corrected.

Deprecated parameters

We have deprecated the following product parameters related to single-use virtual cards:

  • SUMTA — Specifies the threshold below which a transaction is declined
  • SUVCT — Specifies the threshold above which the transaction will be considered a consumer-initiated transaction on a single-use virtual card

We also removed mentions from our API documentation.

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