Category: Compliance & Regulation
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Use PayPal, Get Fined $2500 — New Policy Is Insane
PayPal is one of the most popular payment processors out there. It’s a great way to accept payments and get money into your bank account, but now that the company has changed its user agreement, it’s no longer safe to use PayPal. If you’re paying with PayPal and haven’t read this new policy update yet,…
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Avoid Chargebacks with Mastercard’s New Subscription Rules
Mastercard has changed its policy regarding subscription billing, negative billing, and recurring billing. These new rules are designed to protect consumers from being charged unknowingly, and subsequently to prevent you from receiving chargebacks. You likely already know the consequences of a customer canceling a subscription via their own bank — chargebacks and fees. Here are…
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Dietary Supplement Sellers Beware — Avoid FDA Warning Letters Guide
The FDA (Food and Drug Administration) is the government agency responsible for protecting the public health. It’s also responsible for regulating dietary supplements and ensuring that they are safe, effective and accurately labeled. When it comes down to it, the FDA wants you to be successful in your business. But if you’re selling dietary supplements…
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Received a Prop 65 Warning? Here’s What to Do
Proposition 65 is without a doubt one of the most complex and confusing laws out there, especially when it comes to how supplement merchants can comply with it. Recently, there’s be a surge of Proposition 65 warnings mailed out specifically to supplement sellers by the Environmental Research Center. This article will explain what Prop 65…
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Why Getting a Crypto Exchange License in Europe SUCKS
Licenses for cryptocurrency exchanges (e.g., Binance) is a hot topic for Europe for several months now. Even though the number of cryptocurrency exchanges is steadily increasing, applications for new licenses are taking months. We would be lying to you if we told you that acquiring a cryptocurrency exchange license in Europe is an easy process.…
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