In response to the evolving landscape of digital payments and the increasing complexity of compliance requirements, Visa introduced the Visa Integrity Risk Program (VIRP). This program is designed to protect the integrity of the Visa payment system by ensuring that acquirers and their merchants adhere to enhanced compliance and risk management standards. Objectives of the … Read more
Online marketplaces are at the forefront of the e-commerce revolution, connecting sellers with buyers worldwide. However, the nature of these platforms introduces unique challenges in payment acceptance, impacting operations and growth. Payment Acceptance Challenges: Multiple Payment Methods: Catering to a global audience requires accepting a wide range of payment methods, adding complexity to payment processing … Read more
The booming skill-based games industry, where players can win cash prizes based on their skills rather than chance, is reshaping the gaming landscape. However, this growth comes with its own set of challenges, particularly in the areas of compliance and payment processing. The Regulatory Maze: Skill-based gaming operates in a complex regulatory environment. Different jurisdictions … Read more