payment processing

Is Your Merchant Processing Agreement Causing You Headaches?

March 3, 2016 In today’s technology-driven economy, it is almost impossible to operate a successful business without the assistance of a merchant processing company to facilitate customer and/or client payments. This is true whether payments are initiated at brick-and-mortar stores, on e-commerce websites or via mobile-based applications. Given merchant processors’ integral role both in sustaining […]

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Telemarketing Payment Processor Settles FTC Lawsuit for $750K

February 24, 2016 Earlier this month, payment processor Capital Payments, LLC n/k/a Bluefin Payment Systems LLC (“Bluefin”) agreed to pay $750,000 to settle a Federal Trade Commission (“Commission” or “FTC”) lawsuit involving alleged violations of the FTC’s Telemarketing Sales Rule. How do telemarketing regulations affect payment processors and ISOs?

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Telemarketers, Payment Processor to Pay $1.7 Million to FTC

May 26, 2015 Last Tuesday, a federal court in Orlando issued its final order in a years-long legal battle between the Federal Trade Commission (the “FTC” or “Commission”), a number of telemarketers and their payment processor. The ruling follows an order late last year that granted the Commission’s motion for summary judgment against all remaining

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Processing Credit Card Payments for Online Gaming and Fantasy Sports

April 22, 2015 Late last week, the nation’s largest credit card companies (American Express, Discover, MasterCard and Visa) began utilizing Merchant Category Codes (MCCs) specifically designated for credit card transactions entered into between consumers and legal online gaming venues – such as those permitted to operate in New Jersey, Nevada and Delaware. These MCCs, or

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