Category: Payments
New laws to counter fraud are coming into effect in the EU. Understand how this impacts your business and your customers
Contactless, ‘one-touch’, instant payments are on the rise. And as consumers move towards alternative payments systems that offer more safety and control, the need for greater interoperability in payments systems is spurring new innovation and regulation in the industry.
In July 2020, the maximum limit for instant payment transactions will be raised from € 15,000 to € 100,000. This is expected to increase acceptance of real-time transfers and is expected to drive the development of the associated infrastructure.