Expertise

Payment services law

We advise our clients on all issues pertaining to payment services law. They are active in all areas involved in payment transactions (in particular banks, payment institutions, e-money institutions, FinTechs, telecommunications companies, retailers, intra-group payment factories, processors and other technical service providers, industrial companies, marketplaces, loyalty systems, central regulators).

We particularly specialise in advising on the following areas in payment services law:

  • Drafting of issuing and acquiring contracts
  • Contractual implementation of factoring products (e.g. purchase on account, instalment purchase, secured direct debit)
  • Drafting of standard contracts and general terms and conditions (GTC)
  • License Lending (especially Banking as a Service and BIN Sponsoring)
  • Cooperation in payment transactions (e.g. co-branding, cooperation between FinTechs and established market participants)
  • Outsourcing of payment transaction activities (e.g. technical service providers, money laundering officers, internal audit)
  • Design of voucher card, customer card and loyalty systems

 

Overview