Breaking Down the CFPB’s Opinion on Convenience Fees

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In June, 2022 the CFPB issued an advisory opinion regarding “pay-to-play” and “junk fees.”  Agencies must be sure they are using payment processors who have a compliant model. 

In the webinar, brought to you by Nuvei, panelists Rick Perr and Rob Kennedy discuss the CFPB’s advisory opinion, how agencies can be sure to comply with it, and what to look for in a compliant payment processor, as well as what agencies can do internally to support that compliant payment model and optimize payments.