I frequently get calls from companies saying they have received letters from state regulators requesting information related to whether they have acted as a money service […]
Disaster has struck. Your merchant ID was shut down, leaving you unable to process credit-card payments. What happens next? For instance, are you put on Match? […]
Late last month, Pennsylvania issued an advisory that its money transmitter regulations are violated when payments companies–payment facilitators and ISOs–collect money from consumers and forward it […]
The Federal Trade Commission and other government agencies have a newfound willingness to hold payment processors liable for the unlawful conduct of their merchants. This is […]
Whether you are an ISO or a merchant level salesperson (MLS), odds are you will at some point receive an unexpected visit from a government agency. […]
Processing payments for legitimate, state-licensed marijuana-related businesses remains risky. Although a number of community banks have tested the waters with such payments, no safe harbor from […]
In this podcast, PaymentFacilitator.com talks to Theo Monroe about money service businesses, also known as money transmitters. Monroe says that payment businesses can sometimes engage in […]
Automatic renewal programs represent a cash cow for countless subscription businesses, especially when consumers renew those subscriptions at higher prices. But automatic renewals can also be […]