The FTC and Washington State acted against a payment processor for allegedly deceiving small businesses regarding costs and cancellation terms.
What changed
The enforcement action highlights regulatory scrutiny of payment processing practices.
Compliance perspective
Payment processors must ensure transparent communication of costs and terms to clients.
Need help keeping up with these changes?
Tell us where you operate and what licenses you hold; we'll handle the filings and renewals so changes like this do not catch you off guard.