Payment Services Regulations 2017: Implements EU Payment Services Directive (PSD2), regulates payment services and providers, and covers security requirements for electronic payments. Essential for third-party payment processing.
Data Protection Act 2018 and UK GDPR: Governs personal data handling, including requirements for collecting and storing credit card information, privacy notice requirements, and data security obligations.
Consumer Rights Act 2015: Ensures fairness of contract terms, transparency requirements, and consumer protection provisions in service agreements.
PCI DSS: Mandatory security standards for handling, processing and storing card data, including specific security protocols for credit card information.
Financial Services and Markets Act 2000: Provides regulatory framework for financial services and establishes requirements for handling financial transactions.
Consumer Credit Act 1974: Sets regulations regarding credit agreements and provides protection for credit card holders in financial transactions.
Electronic Commerce (EC Directive) Regulations 2002: Establishes requirements for electronic transactions and specifies information that must be provided to customers.
Fraud Act 2006: Contains provisions to prevent fraudulent transactions and establishes requirements for identity verification in financial dealings.
