payment processing

A payment processor that illegally debited more than $200 million in charges from consumers' bank accounts in a massive nationwide scam has been fined $3.6 million, says the Federal Trade Commission. According to a December 2007 complaint filed by the FTC and seven states, Your Money Access, LLC...

A payment processing company that debited more than $200 million from consumers' bank accounts on behalf of fraudulent telemarketers has settled charges by the Federal Trade Commission and seven states that it abetted its clients' deceptive schemes. Your Money Access, LLC, a Florida-based company...