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DECEMBER 4, 2023

The US, therefore, requires financial institutions as well as financial services firms to have anti-money laundering (or AML) compliance programs in place. In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). Non-compliance can have major implications.

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FEBRUARY 26, 2024

That’s why businesses are constantly seeking innovative ways to streamline operations and enhance customer experiences. TL;DR Recurring payments refer to a financial arrangement where a customer authorizes a business to charge their account at regular intervals for products or services. faster than companies in the S&P 500.

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MARCH 4, 2024

Ultimately, PCI DSS compliance helps prevent fraudulent transactions, mitigates data breaches, cultivates customer trust and protects your business. Innovations in social engineering scams, sometimes conducted through social media, and phishing emails are designed to get the user to divulge sensitive information.

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DECEMBER 6, 2023

Credit card surcharging is subject to regulations and compliance requirements that vary by region and country. Credit card surcharge fees refer to the practice of adding an additional charge at checkout when a customer pays with a credit card. Learn More What is Credit Card Surcharging? What is a Credit Card Surcharge Fee?

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Merchant Services Payment Services Payment Methods Payment Solutions 88

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MARCH 14, 2024

Business to business payments, therefore, refer to the payment processes and activities between two businesses. Cross-border B2B payments can be complicated due to currency conversions, regulatory compliance, and varying banking systems. Most of these challenges can be addressed by choosing the right payment provider.

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MARCH 6, 2024

As the business landscape continues its unstoppable evolution, the necessity for operational efficiency and innovation becomes even more pronounced. Legal and payment compliance Adhering to compliance standards, including those set by the Payment Card Industry Data Security Standard (PCI DSS), is essential.

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Merchant Services Payment Services Payment Methods Payment Features 88

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NOVEMBER 6, 2023

Moreover, companies need to follow data privacy and compliance requirements to stay in business. Besides the enhanced data security, other benefits include reduced risk of breaches, easier regulatory compliance, and compatibility with legacy systems.

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Payment Services Merchant Services Payment Methods Payment Solutions 88