Helping you navigate the changing payments landscape
The UK payments industry is at a critical time. Technology is transforming how we pay for things and customer expectations are changing as a result. Businesses in the UK will be affected by European and global regulatory updates designed to fit the future of payments.
The coming months will see significant changes in the regulatory environment for payment services. Steven Bisoffi, Senior Manager Card Schemes
Regulatory, Lloyds Bank Commercial Card
Acquiring Solutions, explains what the key changes mean for merchants.
The European Parliament and the European Commission have voted to cap bank processing fees for card payments. Find out how this landmark piece of legislation stands to impact your business and your customers.
Visa Europe recently launched
- a new website for your merchant agents* to register their service with Visa, and demonstrate to you that they take your customers' cardholder data seriously.
The various card schemes, working with merchant acquirers, keep a close eye on compliance through a number of programmes. This is done on an ongoing basis, and their aim is to reduce fraud and chargeback volumes – and make sure merchants are following best practice.