PYMNTS

NOVEMBER 23, 2018

With the new policies, changes include lowering the transaction limits on the sale of store-branded gift cards. At the same time, the changes also dictate that store-branded gift cards can’t be redeemed for other gift cards and place a cap on the amount of money that can be added to the cards.

Federal Trade Commission 62

Federal Trade Commission Scams FTC Transaction Limits 62

Stax

AUGUST 22, 2024

Regulatory compliance risk To maintain the integrity of financial transactions and to protect cardholder data, any company dealing with payments must strictly adhere to laws and regulations. Regulatory compliance failure can have a negative impact on reputation, large fines, and even legal action.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Stax

JUNE 27, 2024

Global ACH is available but only for bank-to-bank networks Wire transfers have no geographic limitations. Here are some common uses of wire transfer: Large transactions – While most financial institutions have a cap on the maximum amount for wire transfers, the limit tends to be high.

Wire Transfer 88

Wire Transfer Wire Wires ACH 88

Stax

MAY 2, 2024

For example, one lender might require you to maintain monthly credit card transactions worth $2500 while another might cap the minimum limit at $5000. The lender might deny your MCA application simply because you don’t meet the minimum number of credit card transactions.

Credit Cards 88

Credit Cards Small Business Finance Accounts 88