Payscout is at Shoptalk this week demoing a VR payment experience that shows how easy it could be for users to make frictionless donations in VR, without reaching for their headsets or wallets.Payscout Chief Operating Officer Juan Sotelo was on Bloomberg TV yesterday to talk about those VR experiences – and how they are poised to change retailing.You can see the video here: https://www.bloomberg.com/news/videos/2018-03-20/how-virtual-reality-will-change-retailing-video
The $5M Lesson: A Cautionary Tale on Convenience Fee Compliance
TL;DR: The Consumer Financial Protection Bureau (CFPB) fined Nissan Motor Acceptance Corp. (NMAC) $5 million for unfair, deceptive, and abusive acts and practices (UDAAP) related to non-compliant convenience fees. NMAC was held responsible for its third-party...
