Remove BNPL Remove Cost Structure Remove ISO 20022
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Merchant-facing regulation: What merchants need to know in 2025

The Payments Association

These developments will impact merchant compliance, cost structures, customer experience, and operational risk. Reassess cost-to-serve models for different payment types. These include ensuring that BNPL options are clearly described, not misleading, and supported by regulated providers. Why is it important?

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The payments regulation roadmap: Q2 2025

The Payments Association

Immediate focus areas include fraud prevention, ISO 20022 readiness, and stablecoin regulationbut longer-term success depends on active engagement with consultations, operational resilience, and global alignment. ISO 20022 also unlocks improvements in fraud detection, regulatory reporting, and data analytics.