Legal Challenges in Electronic Payment Processing: How Technology Can Help
As electronic payment processing becomes more and more mainstream, businesses are facing a variety of legal challenges that can be difficult to navigate. With regulations such as the Payment Services Directive (PSD2) in Europe and new security threats like data protection breaches, keeping up with industry standards is not always easy. Fortunately, technology has advanced to the point where platforms have been developed that can streamline this process by helping companies comply with current laws while reducing the risk of fraud or unauthorized access. In this blog post, we'll discuss some of these legal challenges and how technology is providing an increasingly robust framework for businesses to stay compliant when engaging in digital payments. We'll also look at emerging trends that could affect future compliance requirements so readers can stay…