Fintech & Payment Processing
As more businesses transition from brick-and-mortar operations to online platforms, the payment technology (paytech) and financial services industries have become more critical than ever. Mr. Davis advises companies in these sectors on a wide range of legal and compliance matters, including money transmission regulations, merchant account disputes, chargebacks, payment facilitation, contract negotiations, credit and debit card processing, and MATCH list issues.
Recognizing that each industry has its own unique regulatory and operational challenges, Davis Law and Consulting specializes in representing businesses engaged in middle to high-risk processing. This includes industries such as cryptocurrency, hemp, cannabis, nutraceuticals, and peptides. As of late 2024, the FDA added certain peptides to the Category 2 Bulk Drug Substances list, creating new legal and operational hurdles for companies selling peptides and payment processors, ISOs (Independent Sales Organizations), sub-merchants, and payment facilitators that operate in that industry. Entities operating in the peptide space now require precise legal guidance and rapid action to avoid service disruptions as well as financial and legal exposure.
Today, Payment Processing Platforms wield unprecedented control over the financial lifeblood of legitimate businesses, often terminating merchant accounts without warning and freezing funds indefinitely. These platforms frequently rely on overreaching adhesion contracts that allow for immediate termination and the freezing of funds without explanation or a clear timeline for release. In many cases, merchants, believing that funds will eventually be returned, hesitate to legally act. This delay can lead to serious consequences, including cash flow shortages, lost revenue, and reputational harm.
Despite the appearance of unchecked authority, payment processors are not above the law. Davis Law and Consulting has sued these companies and actively holds them accountable, advocating fiercely to recover the withheld funds. Whether you are launching a new venture or protecting an established operation, the firm provides the strategic legal support necessary to navigate the evolving landscape of high-risk industries and financial technologies.
