Paysign Inc (PAYS)

[asp42001]

Rules & Regulations Governing The Payment Industry

The Payment Industry is on "hold" until 2019, when the CFPB (consumer financial protection bureau) is scheduled to release the R&R's governing the payment industry. Money won't come off the sidelines until said R&Rs kick-in. And you can take that to Sunrise & others.

The 2019 delay gives merchants and others time needed to become PCIC (payment card industry compliant) and the ability to use readers that encompass all-or-part of face, voice, smart card, smart iPhones and finger-print ID readers; Meanwhile, look for "growth" through accretive consolidations among billing, payment, near real-time e.verification, security, records and record keeping back-office operations, while cyber theft, hack-attacks & ransom-ware, tries to destroy the U.S.A.

TPNL, PYDS & others on "hold," until 2019 CFPB R&R's kick-in!

Birds of a Feather flock together. You can't develop and deploy a complete E2E payment data service without CFPB guide-lines.

21st. Century Pay-Pass methods are only as strong as their secure, true, fair, & just collection & distribution solution(s) moving through the ACH (automatic clearing house.) 21st. Century Payments or BUST!

U.S.A. asp (application service provider) 42001.