Search for: "Merchant Cash " Results 81 - 100 of 806
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5 May 2022, 12:20 pm by Barbara S. Mishkin
We discuss the industries and practices that have been the subject of recent FTC enforcement focus, including: marketing, servicing, and collection practices involving small business financing such as merchant cash advances; auto add-on product sales practices; product endorsements and reviews; dark patterns; marketing practices of for-profit schools; lead generation; and COVID-related fraud. [read post]
13 Jan 2023, 4:40 am by Michael R. Guerrero and John Sadler
The New Jersey Attorney General recently announced a settlement in its lawsuit against Yellowstone Capital LLC, its parent company, and various subsidiaries and affiliates alleging that the defendants violated the New Jersey Consumer Fraud Act (CFA) and the New Jersey ... [read post]
3 Feb 2012, 12:00 pm
Technology has given businesses many different ways to collect payments from their customers, to the point that cash makes up only a portion of revenue for some businesses, and others do not receive cash at all. [read post]
25 Aug 2023, 7:02 am by Zak Gowen
It’s a relatively narrow market, given the deep entrenchment of U.S. credit and debit cards for non-cash transactions. [read post]
4 Dec 2017, 10:33 pm by Jeff Richardson
  You can keep the money in there so that you have it in the future to pay other folks using Apple Pay Cash, or use it to pay a merchant using traditional Apple Pay, or you can transfer it to your bank account. [read post]
9 Jul 2020, 1:00 pm by Dennis Crouch
A method involving a retail cash transaction in which a customer uses physical currency to pay a merchant for goods or services received, in which an amount between 1¢ and 99¢ in coin change is due to the customer and used as payment for credit purchased, the method comprising the steps of: the customer tendering cash to the merchant as payment for the goods or services and there being an amount of coin change due back to the customer, which amount the… [read post]
1 Feb 2024, 6:48 am by The Silber Law Firm LLC
In what appears to be a cash advance scenario where, pursuant to a merchant agreement, the funder/lender would purchase the borrower/defendant’s future receipts for an up-front payment and not call the transaction a loan. [read post]
8 Nov 2021, 7:27 am by John Sadler
The California Department of Financial Protection and Innovation has published a fourth round of modifications to implement SB 1235, the bill signed into law on September 30, 2018 that requires consumer-like disclosures to be made for certain commercial financing products, including small business loans and merchant cash advances. [read post]
5 May 2010, 1:00 pm by doug
Two US Senators are sponsoring legislation that would allow merchants to get around the 2% commission that MasterCard and Visa charge them for credit card sales. [read post]
9 Dec 2009, 10:02 am
Previous Javelin research of several hundred merchants found that total costs for handling checks and cash are often considered to be as high as those for cards. [read post]
2 Jul 2008, 3:01 am
Federal law gives merchants the right to offer cash discounts, but merchants are forbidden from doing the mathematical equivalent of surcharging for credit. [read post]
15 Feb 2013, 9:59 am by Robert_Brazil
The letter must provide identifying information about the merchant (including the merchant’s taxpayer i.d. number), specifically state that you wish to opt out of the “cash settlement class in the case called In Re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation. [read post]
23 Jul 2013, 8:29 am
“The data proves that retailers that accept MasterCard see an increase in sales and reduce their costs of handling cash and record keeping. [read post]
5 Dec 2018, 11:44 am by Scott M. Pearson
The California Department of Business Oversight (DBO) has issued an invitation for comments from stakeholders in developing regulations to implement SB 1235, the bill signed into law on September 30, 2018 that requires consumer-like disclosures to be made for certain commercial financing products, including small business loans and merchant cash advances. [read post]
15 Jun 2022, 12:40 pm by Michael R. Guerrero and John Sadler
  In March 2022 and April 2022, Utah and Virginia, respectively, became the first two states to require the registration of providers of merchant cash advances. [read post]
15 May 2020, 10:19 am by bhorton
When a customer pays with cash, the merchant retains the entire sum immediately. [read post]
5 Oct 2009, 7:28 am
When credit markets are good, investors (called “private equity firms” or “merchant bankers” or “leveraged buy out firms” or the like among their peers and minions) will sell a company’s bonds to finance their purchase of the company, take fees for issuing those bonds, issue more bonds later on to take cash out of the company for themselves (and fees for the new issuance), and then, when the debt becomes to… [read post]
3 Aug 2007, 5:34 pm
The next new thing that people in the real-estate-technology field are hoping to cash in on is the idea that people want and need to chat online and even rate their neighborhoods, streets, merchants and such for the supposed benefit of others. [read post]