Nuvei Case Turns Chargebacks Into an FTC Warning Sign
Before a merchant can accept card payments, a processor or acquiring bank must decide whether to take on the business and its payment risk. Two September Federal Trade Commission (FTC) cases show how much can ride on that approval. The FTC alleged that Nuvei opened or maintained processing accounts for merchants it kne
Before a merchant can accept card payments, a processor or acquiring bank must decide whether to take on the business and its payment risk. Two September Federal Trade Commission (FTC) cases show how much can ride on that approval. The FTC alleged that Nuvei opened or maintained processing accounts for merchants it kne
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