Stax
JULY 9, 2024
Businesses that Benefit from EFT Payment Implementation The short answer is that virtually all businesses benefit from implementing the various electronic transfer methods! Whether selling products or services via eCommerce or at a brick-and-mortar location, electronic payments are a mainstay. Q: Are EFT payments safe?
Stax
SEPTEMBER 24, 2024
Customers who walk into your business or order your products or services have many expectations. While electronic payments have been rising in popularity, you still can’t ignore cash. A cash discount program is when a business offers its customers incentives to pay using cash for a product or service instead of a credit or debit card.
Global Fintech & Digital Assets
DECEMBER 21, 2023
Compliance Risk Compliance with various consumer protection-related laws and regulations [1] is critical for banks furnishing BNPL loans to ensure that obligations are understood and met on both sides of the transaction.
Stax
NOVEMBER 11, 2024
When you’re selling products or services that cost thousands of dollars, you end up paying hundreds of dollars in credit card fees. Federal Regulations Impacting ACH Payments ACH payments are also subject to federal laws, most notably the Electronic Fund Transfer Act (EFTA) and its implementation through Regulation E.
Clearly Payments
FEBRUARY 8, 2024
It monitors and enforces regulations related to payment products and services to ensure fair treatment and transparency for consumers. Consumer Financial Protection Bureau (CFPB): Established in response to the 2008 financial crisis, the CFPB is tasked with protecting consumers in the financial marketplace.
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