Visa Card Brand Rules Update to Payment Facilitation
Visa's recent Card Brand Rules update, effective immediately from October 16th, represents a significant transformation of Payment Facilitator policies, impacting four key areas: new exceptions to Merchant/Acquirer Agreement requirements, lowered Acquirer equity reserve requirements for certain regions, changes to jurisdiction requirements for Payment Facilitators, and expanded acceptable entity types for Payment Facilitators.
The Importance of Understanding Antitrust Laws
Emphasizing the significance of comprehending antitrust laws for businesses, (especially payment facilitators) by outlining major federal antitrust laws like the Sherman Antitrust Act, the Clayton Act, and the Federal Trade Commission Act.