Digital payments are revolutionizing the way we interact with money. It is estimated that in 2023, the number of people using mobile payment methods is expected to reach 1.31 billion in 2023, a significant increase from 950 million users in 2019. This seismic shift away from physical cash and checks is having a profound impact ... The Future of Digital Payments
MPC22 The Digital Commerce Event | PANEL: LEGAL DEVELOPMENTS IN CRYPTO PAYMENTS
In 2019 Mastercard addressed the issue of excessive chargebacks with the Excessive Chargeback Program (ECP), which monitors chargeback activity and penalizes merchants that have a high rate of chargebacks.
Global Legal Law Firm has boosted their profile once again with clever legal arguments and causes of action in the fight against unjust blacklisting of businesses on Mastercard’s MATCH list (Member Alert to Control High-Risk).
Small businesses are constantly buying and selling their inventory. Some need a short-term loan to cover costs before the customer purchases the items. This is called a merchant cash advance. When disputes arise about these cash advances, a lawsuit may occur. As a provider, you deserve to get paid for the cash you advance. Global Legal Law Firm represents companies in merchant cash advance lawsuits to collect on underperforming or unpaid debts. We know how to work with debtors when we can, and file a lawsuit when they still refuse to pay. Our attorneys are the best option to get your money back.
Rohit Chopra, who took office as director of the Consumer Financial Protection Bureau (the “CFPB”) last fall, has quickly earned a reputation for aggressive oversight and enforcement tactics. Chopra was a Biden nominee with previous experience at the CFPB and more recently was serving in the Democratic seat of the Federal Trade Commission (the “FTC”) after nomination by President Trump.
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