Emerging technologies in the mobile and online payments arenas promise to shake up an already dynamic industry – and offer opportunities for financial institutions, merchants, and consumers to reinvent commerce. However, these innovations come to market within an already complicated framework of laws and regulations, and may prompt further legislation.
Representing the largest consumer payments network on the development and implementation of a global money transfer program.
Representing a leading international provider of prepaid products and services on a variety of regulatory and transactional matters in the United States, Europe and Asia, including the development and offering of a retail-based reload network for proprietary and third-party prepaid accounts, and other new payments products and services.
Represented eBay and its PayPal and Bill Me Later subsidiaries on a number of regulatory and strategic counseling matters and transactional work related to transitions between bank service providers.
Navigating the Evolving Payment Systems Landscape
We guide clients through the complex and ever-changing statutory and regulatory environment so they can move their business forward.
Our payments group has developed the premier practice of advising banks, card associations, processors, bill payment companies, and others on the rapidly evolving world of electronic payments. We are uniquely positioned to advise clients in this rapidly developing space thanks to our, unparalleled regulatory knowledge, global reach, payment technology expertise, and experience shaping the landscape for payment regulation.
A Global Approach to Payment Systems Law
Our team has provided advice to clients in the U.S., the U.K., the Netherlands, India, Germany, Italy, Russia, and Japan on the complexities of various payment systems laws across the globe, including those of the U.S., Latin America, Austral Asia, and the EU.
We have advised clients on the creation of multiple stored value and prepaid card programs in the U.S., EU, and Asia.
Currently, we are advising the Russian Central Bank on its implementation of the new Russian National Payments Law.
Related Practice Areas
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