Remove Adjustments Remove Assessments Remove Cover Payment
article thumbnail

Navigating the FCA’s Consumer Duty: Key insights and action steps for payments firms

The Payments Association

The FCA’s Consumer Duty and how payments firms must prioritise consumer outcomes in their operations. It represents a major regulatory shift, requiring firms to enhance governance, fair value assessments, and customer support, with significant compliance challenges. Why is it important? What’s next?

article thumbnail

Credit Card Surcharges: What Are They, and How Do They Work?

Stax

This is good news because it means you won’t have to inflate your base prices to cover payment processing fees. They also owe assessment fees to card networks for making use of their infrastructure. We offer full registration and disclosure support, real-time adjustments, and card processing to seamlessly pass fees to customers.

article thumbnail

How Do You Set Up Automated Billing?

EBizCharge

With automation, businesses can easily adjust billing structures without requiring manual intervention or adjustments to their billing systems. Follow these steps to position your business for a seamless transition: Assess your business’s needs To start, identify the specific billing needs of your business.