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PayPal’s Bitcoin Backing Proves Crypto Is Ready For Prime Time (And Grandma)

PYMNTS

While few dispute the future potential viability of cryptocurrencies or stablecoins backed by the U.S. Gouldman said large companies will also have to come on board to force the embrace of crypto — and if they hesitate, FinTechs will step up and fill the void. You Can’t Spend It. Privacy And Security.

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US moves to regulate BNPL the same as credit cards

Neopay

It states that BNPL (buy now, pay later) companies must provide the same protections for consumers as conventional credit card companies, including investigating disputes, providing periodic billing statements and refunding returned products or voided transactions. So the announcement is confusing.

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CJEU Ruling Hits Cross-Border B2B Invoices

PYMNTS

The dispute stems from a disagreement between pharmaceutical companies, reports said, as one company based in the Dutch-speaking Flemish region of Belgium sued an Italian firm for allegations of nonpayment of invoices. The original dispute surfaced between Belgium-based New Valmar and Italy-based Global Pharmacies Partner Health.

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What New Payment Rails Miss About Solving B2B’s Remittance Challenge

PYMNTS

“If somebody chooses one payment method or another, and they receive their data in a different way, or it’s not formatted properly, or it’s not all the data they were expecting, you have a void.

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How Does Merchant Underwriting Work?

EBizCharge

Similarly, large ticket sizes can attract more scrutiny due to the increased potential for disputes and chargebacks. Clear, transparent billing practices can minimize disputes and reduce chargeback risks. High transaction volumes may indicate a thriving business but also pose a higher risk for fraud.

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Class Action Vs. MasterCard Looms In UK

PYMNTS

That voided case, and the one that may come in the U.K., agency that worked with banks on consumer disputes (the Financial Ombudsman Service), has brought the law firm Quinn Emanuel Urquhart & Sullivan LLP to draft the suit. The latest possible legal salvo follows, of course, the news last week that the $7.25

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What is Netting? Definition, How It Works & Benefits

Nanonets

Once this route is chosen, all prior contracts are void and the remaining balance is paid.   In this netting process, all the debts between both entities are netted, creating a single payment amount for one business to pay the other.    Settlement Netting A very common netting process is settlement netting.