After the CFPB’s advisory opinion about pay-to-play and junk fees in collections, many agencies find themselves asking: is our payment model compliant?
The advisory opinion didn’t change much, except to bolster the need for agencies to use a payment processor who uses a compliant model, do their legal due diligence and compliance research, and who will continue to review relevant updates and case law to ensure their model is sound.
In this webinar, brought to you by Nuvei, panelists Rick Perr and Rob Kennedy will discuss the CFPB’s advisory opinion, how agencies can be sure to comply with it, and what to look for in a compliant payment processor, as well as what agencies can do internally to support that compliant payment model and optimize payments.