Support across the payments ecosystem
Payment Law & Regulatory Advice
National Payment System Advisory
Fintech & Payment Product Structuring
Digital Wallets & Stored Value
Safeguarding & Fund Flows
PayFac, Aggregation & Sponsorship
System Operator & TPPP Advisory
Settlement & Merchant Acquiring
Card Scheme & Interchange Advisory
Exchange Control & Foreign Exchange
Crypto-asset & CASP regulatory support
CASP licence applications
FAIS & FSP regulatory advice
Crypto business model reviews
Licence extensions & amendments
AML/CFT & FICA compliance
RMCP development & review
Customer due diligence & KYC
Crypto policies, terms & agreements
Custody, safeguarding & fund flows
Ongoing regulatory & compliance support
From idea to a compliant payment model
1
Business model
Understand what the business does, who it serves and how the service operates.
2
Payment flows
Map how money moves between customers, merchants, banks, partners and other participants.
3
Regulatory requirements
Identify the registrations, authorisations, compliance obligations and partner arrangements that may apply.
Payment businesses often sit across several regulatory requirements at once. Hertz Consulting helps clients understand how their product, partners, customer funds, and transaction flows fit together from a regulatory perspective.
4
Implementation
Support the business with the frameworks, documentation and regulatory steps needed to operate.
Understand how the money moves
The regulatory treatment of a payment product can depend heavily on how funds move through the business, who holds or controls those funds, the role of each participant and how settlements takes place. Hertz Consulting can assisst with reviewing payment flows, safeguarding arrangements, partner structures and operational models to help identify the regulatory requirements that may apply.
Payments rarely sit in isolation
Payment and Fintech businesses may also require support across licensing, compliance, governance and related regulatory requirements.