All Categories
    Filters
    Preferences
    Search

    Credit Card Surcharging - What are the Stipulations for Compliance?

    $99.00
    *
    Passing on interchange fees has always been against card network regulations and companies have found unique ways to get around the regulations or simply did not comply. An anti-trust lawsuit was filed in 2005 and in July 13, 2012 the suit was finally settled. Credit card surcharging is prohibited in ten (10) states while other states are considering legislation. The regulations are daunting for charging a surcharge; should you consider it to recoup transaction fees? This training on credit card interchange fees rules will clearly explain the changes in the rules, which group will benefit from the changes and how it will affect the retailers and customers.

    Overview

    Passing on interchange fees has always been against card network regulations and companies have found unique ways to get around the regulations or simply did not comply. An anti-trust lawsuit was filed in 2005 and in July 13, 2012 the suit was finally settled.

    Credit card surcharging is prohibited in ten (10) states while other states are considering legislation. The regulations are daunting for charging a surcharge; should you consider it to recoup transaction fees?

    This session is a cost-effective way tounderstand and comply withthe recent changes in surcharging law that could not only affect your merchant processing transactions but also your credit card usage. The worst thing end-user organizations can do is to have an uninformed reaction to surcharging.

    It's important to first look at the big picture. End-users should also educate suppliers about the economics of card acceptance, pointing out the savings possible and other benefits.

    When suppliers are reaping the rewards, they should not be adding a surcharge. They might overlook the benefits of card acceptance, as well as the cost of other payment methods like checks and cash.

    This training on credit card interchange fees rules will clearly explain the changes in the rules, which group will benefit from the changes and how it will affect the retailers and customers. 

    Covered Topics

    •       History of surcharging

    •       What changed in the rules?

    •       Why did it change?

    •       Who may benefit?

    •       Card and brand rules and regulations

    •       Results from two independent surveys

    •       Will this change anything?

    •     Research resources 

    Who Should Attend?

    This informative session is designed for:

    •                Credit Card Program Administrators 

    •                Credit Card Issuers  

    •                Banks with online merchant customers

    •                Multi-state merchants

    •                Brick and mortar merchants 

    •                Financial Officers

    •                Risk Officers

    •                Internal Auditors

    •                Operational Risk Managers

    Products specifications
    CE Credits 2.5
    Write your own review
    • Only registered users can write reviews
    • Bad
    • Excellent

    Overview

    Passing on interchange fees has always been against card network regulations and companies have found unique ways to get around the regulations or simply did not comply. An anti-trust lawsuit was filed in 2005 and in July 13, 2012 the suit was finally settled.

    Credit card surcharging is prohibited in ten (10) states while other states are considering legislation. The regulations are daunting for charging a surcharge; should you consider it to recoup transaction fees?

    This session is a cost-effective way tounderstand and comply withthe recent changes in surcharging law that could not only affect your merchant processing transactions but also your credit card usage. The worst thing end-user organizations can do is to have an uninformed reaction to surcharging.

    It's important to first look at the big picture. End-users should also educate suppliers about the economics of card acceptance, pointing out the savings possible and other benefits.

    When suppliers are reaping the rewards, they should not be adding a surcharge. They might overlook the benefits of card acceptance, as well as the cost of other payment methods like checks and cash.

    This training on credit card interchange fees rules will clearly explain the changes in the rules, which group will benefit from the changes and how it will affect the retailers and customers. 

    Covered Topics

    •       History of surcharging

    •       What changed in the rules?

    •       Why did it change?

    •       Who may benefit?

    •       Card and brand rules and regulations

    •       Results from two independent surveys

    •       Will this change anything?

    •     Research resources 

    Who Should Attend?

    This informative session is designed for:

    •                Credit Card Program Administrators 

    •                Credit Card Issuers  

    •                Banks with online merchant customers

    •                Multi-state merchants

    •                Brick and mortar merchants 

    •                Financial Officers

    •                Risk Officers

    •                Internal Auditors

    •                Operational Risk Managers

    Products specifications
    CE Credits 2.5
    Product tags
    Customers who bought this item also bought

    BSA Risk Assessments & Effective Risk Management

    $99.00
    This webinar highlights Bank Secrecy Act (BSA) best practices for appropriate risk assessments.

    New BSA Officer Training

    $99.00
    Being a BSA officer requires technical knowledge, communication and cooperation with auditors and regulators, and the ability to navigate and negotiate among entities within your Institution. We will review BSA requirements and examine real-life scenarios. You will learn which areas in your Institution require additioal research and how to investigate, file, and track a SAR. After attending this webinar you will be well-positioned to meet- and surpass- examiner and regulator expectations.

    BSA Software Validation: 3 Tests Every Validation Needs

    $99.00
    This Webinar will explore how to perform modeling and system validation to ensure your system's are helping your institution meet its BSA requirements.

    All Things Lending: Develop or Review Your Current Loan & Compliance Program

    $99.00
    Financial institutions originate loans, purchase loans, acquire participating interests in loans, sell loans (or portions thereof), and securitize loans. Your bank's or credit union's credit exposure may be affected by external factors such as changes in interest rates, as well as internal factors such as changes inunderwriting practices. Many federal and state regulatory agencies have imposed numerous limitations and requirements on the lending activities of financial institutions.

    New BSA Customer Due Diligence Rules: Understanding Beneficial Ownership

    $99.00
    This webinar explores the new customer due diligence rules, and how they impact your institution's daily operations. During our discussion, we will explore updates to your BSA program documentation, customer forms, on-boarding processes, system changes, and the extensive training that will be required.
    Presenter:

    Ray Graber

    Ray has a deep and thorough understanding of finance, banking, and technology. His business experience includes research at TowerGroup; best practices Internet security, policies, and procedures at FleetBoston Financial; wire transfer operations and product launches at Citibank and BankBoston; and treasury operations for a $325 million public company. As an adjunct professor at the Carroll Graduate School of Management at Boston College he taught the Financial Management of Commercial Banks, Corporate Finance, E-Banking, and the MBA Leadership Course. At Bentley College’s Graduate Business Program he taught Working Capital Management and Cash Management. Ray holds a Bachelor of Arts degree in Mathematics and an MBA in Finance and Computer Science from Boston College.