By LegitScript Folks on December 07, 2021
According to the Center for Responsible Lending (CRL), payday loans increase around the holidays, likely because many consumers need extra cash for holiday shopping or travel. It’s for this reason many online payday lenders make an aggressive marketing push during this season, and why payment service providers should be on the lookout for predatory lenders…
By LegitScript Folks on November 11, 2021
Veterans Day is a popular time for businesses to advertise to the military, including merchants offering predatory services. For this reason, it’s important for payment service providers to scrutinize merchants offering help with official services to ensure they aren’t taking advantage of customers. For example, some merchants offer to help retired military members process form…
By LegitScript Folks on October 22, 2021
Earlier this month we wrote about how decorative contact lenses are regulated by the FDA and can pose real risks if used improperly. But they aren’t the only threat to merchant portfolios and e-commerce platforms during the fall season. Halloween costumes themselves can present an additional potential danger: intellectual property infringement. IP-infringing merchants often seek…
By LegitScript Folks on October 06, 2021
In early fall, it’s prime season for merchants selling Halloween costumes, theatrical makeup, and, increasingly, decorative contact lenses. Since these contact lenses typically have no vision-correction purposes, consumers and payment facilitators alike may not realize they are products regulated by the Food and Drug Administration (FDA) that pose real risks if used improperly. Also called…
By David Khalaf on September 22, 2021
Although telemedicine was on a slow upward trend before the pandemic, its compulsory adoption by millions of people in the last 18 months has supercharged an industry that many had previously considered to be for niche audiences or for limited uses. Even as people return to in-person activities, telemedicine is proving its staying power in…