The payment services sector is constantly evolving and the trend for ongoing and sophisticated U.S., European and UK regulation seems unlikely to change. Cash transactions are on the decline and plastic, e-payment and mobile wallets are changing the face of payment processing. Our team appreciates that you need to understand the changing landscape, respond to issues as they develop and position your business at the cutting edge of the new world of payment.
We have extensive experience in the commercial and retail banking industry and a special focus on innovation in financial services, including mobile payment and e-money.
Our clients include payment processors, financial institutions and technology providers. From card payment networks, credit card issuers and merchant acquirers, to payment facilitators and e-money providers, our specialist teams are experienced in all aspects of payment processing across a wide range of areas and jurisdictions across the world.
Our lawyers advise on payment law and regulation including banking codes of conduct, payment services regulation, e-money regulation and payment accounts regulation. In addition, we advise on a wide array of transactions in the payment sector, including joint ventures, processing agreements, bank sponsorship agreements, technology licensing, and acquisitions.