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Robert P. Mar 18, 2025
Community Announcement
Last active over 7 days
Last active over 7 days
Posting to introduce myself and my fintech Company. APPROVE is an embedded platform for equipment finance. APPROVE is used by equipment sellers (manufacturers and distributors) so that their customers can finance the purchase of equipment from them. We have partnered with the nation's (USA) top equipment finance direct lenders and we have over 900 equipment sellers using our platform. I look forward to connecting with potential lenders, partners, platforms or others who could add value to the APPROVE ecosystem and equipment finance. For more information, visit our site at https://www.approvepayments.com
 
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Viktoria S. Mar 15, 2025 (edited)
Knowledge Share
Last active over 7 days
Last active over 7 days
Visa’s New VAMP Rules Will Cost You—Here’s Why You Should Be Worried
Visa is charging merchants per transaction for fraud and chargebacks.

Visa is tightening its grip, and businesses that don’t take action now will pay for it—literally. Visa is no longer just flagging high-risk merchants—it is charging them per transaction.

If a customer disputes a charge, even fraudulently, it counts against you. If your dispute rate crosses Visa’s limits, you pay penalties on every transaction, and winning a chargeback later won’t refund the fines.

Acquirers won’t take the risk and will start cutting off high-risk businesses. This is not just a cost issue—it’s a threat to your entire business.

Read my article for more information: https://www.linkedin.com/pulse/visas-new-vamp-rules-cost-youheres-why-you-should-worried-soltesz-euhdf

Visa’s New VAMP Rules Will Cost You—Here’s Why You Should Be Worried

Visa is tightening its grip, and businesses that don’t take action now will pay for it—literally. Visa is no longer just flagging high-risk merchan...

 
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Viktoria S. Mar 13, 2025
Knowledge Share
Last active over 7 days
Last active over 7 days
Hungary’s Cash Protection Law: Economic Stability or Financial Risk?

Hungary is amending its constitution to guarantee the right to pay in cash. While positioned as a move to protect consumer choice, it raises concerns for businesses, banks, and the country’s financial stability.

Cash increases operational costs, weakens financial transparency, and complicates compliance with global banking regulations. It could also impact Hungary’s trade relationships and currency stability.

Read my article for more: https://www.linkedin.com/pulse/hungarys-cash-protection-law-economic-stability-risk-viktoria-soltesz-6xzdf/?trackingId=V4g5T%2B2nsff8peqZv0pWbA%3D%3D

Hungary’s Cash Protection Law: Economic Stability or Financial Risk?

Recently, the Hungarian government has submitted an amendment to the Fundamental Law, ensuring that every citizen can pay in cash. The decision did...

 
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