Topic
Merchant Fees
7 published works
Massachusetts Chapter 93A Insights
Massachusetts Court Rejects Attempt to Recast Breach of Contract as Chapter 93A Claim in Merchant Services Case
By David G. Thomas, Angela C. Bunnell, Diana A. Balluku, Abby Druhot
A Massachusetts court dismissed Chapter 93A claims in Peptide Tech v. Avidia Bank, holding contractually authorized termination and conclusory allegations insufficient.
All About Advertising Law
Listen to Episode 7 of Venable’s Ad Law Tool Kit Show – “Payment Processing”
Episode 7 of the Ad Law Tool Kit Show, "Payment Processing," is now available. Listen here, or search for it in your favorite podcast player. For retailers, a key, back-end…
The Fintech Report
Fintech Week in Review: Week of March 19, 2021
By Sam Boro, Perkins Coie
Weekly Fintech Focus In response to pandemic challenges, card networks agree to delay merchant fee hikes that would have taken place next month. E-commerce activities continue to grow and are…
Global Fintech & Digital Assets Blog
Payment Systems Regulator Finalises Scope of Card Acquiring Market Review
The PSR will not review the fees and rules set by Visa and Mastercard, but will look at the practice of bundling, and will examine effects on innovation in card-acquiring…
Global Fintech & Digital Assets Blog
Payment Systems Regulator to Review Card Acquiring Market on Competition Concerns
The PSR is to consider whether there is effective competition in the market and makes clear that further reviews of the payments ecosystem could be triggered by its findings. By…
All About Advertising Law
Lather, Rinse, Repeat, FTC Continues To Pursue Entities Engaged in Credit Card Laundering
By Leonard L. Gordon, Jonathan L. Pompan
"Credit card laundering" or "factoring" refers to the practice of processing credit card transactions for one company through the merchant processing account of another company. In recent years, the FTC…
Corporate & Financial Weekly Digest
OCC Issues Merchant Processing Booklet
On August 20, the Office of the Comptroller of the Currency (OCC) issued the “Merchant Processing” booklet of the Comptroller’s Handbook. This booklet, which replaces the booklet of the same…