FTC Archives - Prismpay Payment Gateway

FTC to possibly ban payment methods due to susceptibility of fraud

Posted on July 31, 20131 Comment

FTC Calls for Reform The FTC has recently called for reforms to the Federal Telemarketing Sales Rule and as a result has issued a Notice of Proposed Rule Making. The proposed amendments would prohibit the use of certain novel payment methods by telemarketers and extend the ban on recovery services. If the amendments are approved […]

Card Association Response to Updated FTC Regulations

Posted on February 27, 20131 Comment

In January, MasterCard made an effort to enforce new regulations and best practice guidelines pertaining to online direct marketing – specifically “negative option” marketing, which they consider to be a “brand damaging” practice. The FTC Negative Option staff report, featuring five key marketing principles, triggered both Visa and MasterCard to make changes to their operating […]