ETA Member Companies Discuss the Importance of Gender Equality in Payments
ETA member companies highlight the significance of gender equality in the payments industry during Women's History Month, showcasing positive trends, mentorship initiatives, and external resources that promote women's roles at all levels.
How Can Change Management Further Payments?
When building a payment business, managers often overlook key organizational design principles such as career pathing, span of control, and resource assessment, which are crucial for job satisfaction, low turnover, and a high-performing team; these principles, when implemented thoughtfully, can improve team dynamics, managerial effectiveness, and regulatory compliance.
ETA PayFac Day: Everything You Need to Know
The Electronic Transaction Association's PayFac Day event on January 27th is an opportunity for payment facilitators, or those considering becoming one, to virtually attend exhibits, roundtables, and networking sessions focused on payment facilitation, featuring discussions on card brand rules, compliance, risk management, market opportunities, and more.
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.
Is Your Company Ready to Become a Payment Facilitator?
Highlighting key factors beyond revenue or volume that companies should consider when deciding to become a payment facilitator - including risk tolerance, resources, growth trajectory, and company size.
Cashless Payments: Here to Stay, and Legal Almost Everywhere
Discussing the rise of cashless payments accelerated by the COVID-19 pandemic, the legal status of businesses refusing cash as legal tender in the US, and the ongoing legislative efforts to ensure accessibility to cashless payments for all.
Why Payment Facilitators Need to Train ALL Employees on Anti-Money Laundering
The importance for Payment Facilitators to train all employees, not just the C-suite, on recognizing signals of potential money laundering concerns due to acquirers' increasing requirements is explored.
You Are You, Beyond the Card Present vs. Card Not Present Binary
Challenging the card present vs. card not present binary in the payments industry's logic, the concept of a Digital ID program in a card-present “person present” scenario is explored.
Visa’s New Interchange Fee and Your Bottom Line: What Do You Need to Know?
Visa's forthcoming interchange rate revamp aims to benefit small-ticket merchants by rescaling fees, but presents complexities for businesses by considering factors like card brand, transaction size, and merchant vertical. Business are urged to understand these intricacies to optimize their pricing strategy and bottom line.
How Can the Payments Industry Provide an Economic Stimulus to Keep People Safe?
Amidst COVID-19's economic challenges, the article explores using the payments industry as an economic stimulus.