GPN DATA is proud to be participating in Transact 16 in Las Vegas, Nevada. This is the premier event for the payments technology industry and we are incredibly excited to be attending. We will be represented by our Executive President.
Let’s meet in Berlin
GPN DATA will be present at this year’s Merchant Payments Ecosystem 2016 Berlin. We are excited to be part of such an influential event. The MPE brings together merchants, acquirers, and processors all in one place to share experiences, contacts and best practices.
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.