Support Services for a Variety of Industries

The Payment Systems practice area provides transactional, regulatory, compliance, and operations support services to a wide variety of clients, including financial institutions, transaction processors, auto dealers, finance companies, retailers and others in connection with various aspects of payment systems matters.

We assist clients with a variety of payment products and issues, including drafting payment authorization forms and scripts, customer agreements and disclosures, as well as drafting and negotiating vendor agreements and outsourcing arrangements.

Other Practice Areas
Attorneys Practicing in this Area
INSIGHTS

We provide advice to clients with questions concerning:

  • Automated Clearing House payments and NACHA Rules
  • Bank Secrecy Act/anti-money laundering issues
  • Bill payment services
  • Check transactions
  • Electronic contracting
  • Electronic Fund Transfer Act and Regulation E
  • Expedited Funds Availability Act and Federal Reserve Board Regulation CC
  • Internet, telephone and mobile payments
  • Laws and card association rules governing credit cards, debit cards, payroll cards, prepaid value and gift cards
  • Money services business/money transmitter issues, including compliance with FinCEN regulations and state licensing requirements
  • Payment network rules
  • Remotely created checks and payment orders
  • State law restrictions on permissibility of fees, including surcharge fees, convenience fees and returned payment fees
  • Truth in Savings Act and Regulation DD
  • Wire transfers and Uniform Commercial Code Article 4A (Funds Transfer) concerns

Attorneys Practicing in this Area

March 01, 2015

Don’t Fence Me In

Thomas B. Hudson

Partner Emeritus

December 01, 2015

Congressional Staff Report Reveals Sad Inner Workings of CFPB Fair Lending Attack on Dealer Compensation

L. Jean Noonan

Partner

April 01, 2015

Spacemen Abduct Regulators!

Thomas B. Hudson

Partner Emeritus

December 15, 2015

Can California Lenders Pay Referral Fees to Unlicensed Brokers?

Robert A. Cook

Partner Emeritus

May 01, 2015

Seismic Shift

Nicole F. Munro

Partner

January 01, 2016

Looking Ahead

Eric L. Johnson

Partner

September 01, 2015

Lots of Pages, But a Single Document

January 28, 2016

Asset Purchase or Consumer Loan: One State High Court Weighs In

Catherine M. "Cathy" Brennan

Partner

December 01, 2015

Here Come the “Readability” Police

Nicole F. Munro

Partner

February 17, 2016

The Commonwealth Decision

Catherine M. "Cathy" Brennan

Partner