The cross border interchange fee rules become effective on 9 December. This means that merchants (and hopefully consumers) should see the benefits of having capped fees applied with respect to cross border: Credit card payments – […]
The European Banking Authority‘s (EBA) first tranche of “Security of Internet Payment Guidelines” became effective from 1 August 2015. Following the EBA’s consultation published in October 2014, the EBA decided that due to the continually high […]
A significant reform of UK consumer protection law has been carried out with the enactment of the Consumer Rights Act 2015 (“CRA”). Many of the key requirements of the CRA will come into force from October […]
ApplePay will launch in the UK this July with over 250,000 merchant locations (incl. M&S, Boots, Waitrose & TFL) and partnering with an initial 8 banks (such as HSBC, Santander & RBS). More banks are slated to […]
(Note: the below is a high level review of certain potential issues and is not to be relied upon in any definitive manner nor as legal and/or regulatory advice). The European Banking Authority (EBA) issued […]
(Note: the below is a high level review of certain potential issues and is not to be relied upon in any definitive manner nor as legal and/or regulatory advice). The FCA’s report card on the […]
(Note: the below is a high level review of certain potential issues and is not to be relied upon in any definitive manner nor as legal and/or regulatory advice). Mobile Payments It is hard to […]
(Note: the below is a high level review of certain potential issues and is not to be relied upon in any definitive manner nor as legal and/or regulatory advice). Emoney and Payment Services Directives’ – […]
(Note: the below is a high level review of certain potential issues and is not to be relied upon in any definitive manner nor as legal and/or regulatory advice). Prepaid card authorisation under the EU […]