
Customer Updates
Guiding you through PSD2
Elavon-GB-Keywords:elavon-news/Customer-UpdatesThe European Commission introduced the Payment Services Directive 2 (PSD2) to make payments safer, increase consumer protection and to foster innovation and competition. One of the more significant impacts of PSD2 relates to eCommerce transactions and the need to implement Strong Customer Authentication (SCA) from 14th September 2019.
Full ArticleBrexit - what you need to know
Elavon-GB-Keywords:elavon-news/Customer-UpdatesWe know that many of our customers are assessing the impact of Brexit and what will happen after the United Kingdom (UK) leaves the European Union (EU). Elavon Financial Services DAC (“Elavon”) has put a Brexit Programme Office in place to continue to provide a robust service proposition to our UK and international-based customers after Brexit. We also encourage our customers to review information published by UK and EU governments as well as industry bodies, so they fully consider the impacts of Brexit and prepare accordingly.
Full ArticleSummary of key changes to your Elavon Terms of Services
Elavon-GB-Keywords:elavon-news/Customer-UpdatesIn line with European regulations namely Payment Services Directive (PSD2) and General Data Protection Regulation (GDPR), we have updated your Elavon Terms of Service (ToS) to incorporate these changes.
Full ArticleGeneral Data Protection Regulation (GDPR) – what you need to know about the new EU data protection law
Elavon-GB-Keywords:elavon-news/Customer-UpdatesYou may have heard about GDPR cropping up quite a bit in conversation or have come across it on the social channels which you use. You may know all about it already which is great, or you may not be sure what it’s really all about. Help is at hand, this quick summary will give you an overview of the main changes GDPR will introduce and help you better understand what it will mean for you.
Full ArticleClarification to the wording on your Schedule of Fees- 27 March 2018
Elavon-GB-Keywords:elavon-news/Customer-UpdatesClarification to the wording on your Schedule of Fees- 27 March 2018
Full ArticleBan on surcharge
Elavon-GB-Keywords:elavon-news/Customer-UpdatesOne significant change introduced by PSD2 which you may be aware of is the ban on “surcharging”. This occurs when an additional fee is added to the transaction value for card payments. Please note that this does not constitute changes to your Customer Agreement with Elavon.
Full ArticleNew Payment Services Directive (PSD2) legislation from the EU
Elavon-GB-Keywords:elavon-news/Customer-UpdatesThe EU has updated the Payment Services Directive (PSD) in order to enhance payment services market efficiency and competitiveness, consumer protection and transaction security, the new Directive is called PSD2.
Full Article