In June 2022, the CFPB released an advisory opinion regarding “pay-to-pay” fees or “convenience” fees, so it's more important than ever for collection agencies to use compliant payment processors and to create a compliant payment model.
-Red flags to look out for when searching for a new payment processor,
-What steps your payment processor needs to take to remain compliant with the CFPB
-How to support a compliant payment model with internal policies & procedures
Join host Erin Kerr and panelists Rick Perr (Co-Managing Partner, Philadelphia, Kaufman Dolowich & Voluck LLP), and Rob Kennedy (VP Sales North America, Nuvei) as they answer those questions, and more!