The European Commission has proposed a revised Payments Services Directive (PSD2) and a Regulation on Multilateral Interchange Fees (MIFs) in order to cater to the needs of the European payments market. The proposed bills are intended to create more competition in the market which in turn should lead to innovation and higher security standards in the payments environment.
Starting from January 1st 2016 Visa will enforce new chargeback regulations in order to streamline the method of evaluating merchants. The new regulation adheres to the thresholds, timelines and fees.
GPN DATA proudly announces our fully integrated connection to the Konnektive CRM among our other readily available CRM solutions.