PYMNTS

OCTOBER 23, 2020

Managing payment flows has been a challenge — where, in Saccarola’s words, the wholesalers are eliminated, and consumers are making “microtransactions.”. Those merchants want to be paid in a wide range of local currencies, and in some cases may be operating from highly regulated countries.

Faster Payments 75

Faster Payments Cross-Border Cross-Border Payments Payments 75

Segpay

MARCH 24, 2025

However, as gaming evolves with microtransactions and eSports betting, regulators are tightening oversight to prevent gambling-like mechanics from slipping into games. Australias regulators still see e-sports and gaming as skill-based activities, while gambling involves wagering money on chance-based outcomes.

Compliance 71

Compliance Suspicious Activity Report (SAR) Fincen AML 71

PayHawk

APRIL 18, 2023

Currency Conversion The process of converting the transaction amount from one currency to another. Dynamic Currency Conversion (DCC) The process of offering the cardholder the option to pay in their own currency rather than the local currency, typically at a premium exchange rate.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

The Payments Association

FEBRUARY 13, 2025

The emphasis on convenience, personalisation, and security influences consumer behaviour in the following ways: Spending habits : Mobile payments make microtransactions effortless, encouraging consumers to spend more frequently, especially everyday items.

Consumer 100

Consumer Digital Payments Multi-Currency Mobile Payments 100