Payments is widely seen as an area with the most immediate potential for profitable growth by Fintech companies.

We have significant payment experience, primarly in the incumbent banking sector,  having provided in-house assistance to the Barclays Global Payments Team for six years  and Lloyds Acquiring and Commercial Cards.

This experience has afforded us the opportunity to really understand the existing, legacy payments processes. Processes such as card scheme rules, charging structures including interchange plus plus and blended, PCI DSS, chargebacks and excessive chargebacks. 

In addition to specialised legacy payment processes, we have developed considerable experience in gateway software products and understanding and mitigating ancillary risks. Such experience included advising legacy banks on alternative payment methods as well as established partnership contracts.

Much of our work has centered around reviewing and advising on complex MSA documentation, commercial card terms and conditions, merchant on-boarding documentation, closed big ticket intoducer agreements and joint venture arrangements.