e-Payments & Financial Technology

Innovating financial landscapes with regulatory precision

 

Electronic payments and financial technology (FinTech) are driving the evolution of global commerce by enabling seamless, efficient, and secure transactions. They support financial inclusion, innovation, and convenience in a rapidly digitalizing economy. However, they come with legal challenges, including ensuring compliance with regulations and licensing regime, anti-money laundering (AML) and know-your-customer (KYC) regulations, safeguarding user data under privacy laws, managing cross-border regulatory differences, and addressing cybersecurity threats. Clear legal frameworks and proactive compliance measures are essential to harness the potential of FinTech while minimizing risks.

HOW CAN ZK LAW HELP CLIENTS

At ZK Law, we assist businesses in complying with evolving regulatory frameworks for financial services and payment systems, ensuring transparency, security, and legal certainty across all transactions.

Our Services:

  • Regulatory Compliance (PSD2, AML 5, AI, GDPR, NIS2, DORA, etc.)
  • Advising Banks on e-Retail banking & Customers e-Solutions.
  • Assisting FinTechcompanies in obtaining necessary licenses to operate as payment service providers (PSPs) and Payment Institutions (PI) or electronic money institutions (EMIs).
  • Providing guidance on compliance with licensing requirements in multiple jurisdictions, especially for businesses operating cross-border such as passporting structures.
  • Drafting and Negotiating Merchants Agreements
  • Preparing terms of service and privacy policies for users of e-payment platforms
  • Advising on compliance with Data Protection Laws
  • Advising on Critical Outsourcing services and contracts
  • Drafting agreements related to the integration of payment gateways, mobile wallets, and other technologies used in e-payments
  • Assisting clients in licensing software and technology necessary for operating e-payment systems
  • Assisting clients in developing policies to detect and prevent fraud in e-payment transactions
  • Evaluating the risk landscape for e-payment systems and advising on compliance measures to mitigate potential legal risk
  • Advising on chargeback policies and procedures to resolve disputes between consumers and merchants effectively
  • Assisting businesses in developing internal policies for e-payment compliance and risk management
  • Advising on Cybersecurity issues
  • Advising on advertising strategies.

 

Contact our team for tailored advice on financial and payment compliance.