Payments

Our clients include a wide range of payments and fintech market participants, including mobile and digital wallet issuers, P2P providers, payment facilitators, card associations, bill payment companies, payroll processors, prepaid program managers, global business remitters, retail money transmitters, loyalty and reward providers and cryptocurrency exchanges. Our clients also include strategic and financial investors, buyers and sellers of money transmitters, payment processors and other payments companies.

We advise our clients on licensing and registration of traditional and non-traditional money services businesses, and help evaluate existing or proposed products and services for compliance with applicable federal and state payments laws. For investors, buyers and sellers, we provide end-to-end regulatory support, including diligence, transaction structuring, deal documents and regulatory applications. We have earned the trust of federal and state regulators and our ongoing dialogue with them enables us to offer informed advice to our clients regarding regulatory risk and strategy.

Schulte’s interdisciplinary approach to payments regulatory and transactional matters combines lawyers from a range of disciplines, including licensed financial services, AML compliance, sanctions, cybersecurity and data privacy. Our extensive experience in this space gives us a deep understanding of its evolving business models, allowing us to serve as both legal and business advisers to payments companies in bringing new and innovative products to market and their current or prospective owners in restructurings, divestitures and acquisitions.