Payment Systems

As commercial, legislative, and technological advancement continue to impact the financial sphere, companies involved in payment services and products require the advice and experience of the most trustworthy and skilled lawyers in this ever-evolving industry. Tadmor Levy & Co. is your partner.

Under the leadership of Opher Levy, a veteran of the financial industry, our team has developed a formidable reputation among start-ups, banks, and large multinationals. Our experience encompasses legal advice concerning all types of payment services and products, including credit and debit cards, digital payments, mobile payments, virtual currencies, and other payment methods. Chambers Global has been quoted as saying “the lawyers understand the regulations and the regulator, which allows them to manage the business properly”.

Indeed, it is our understanding of the regulatory environment in which payment products and services operate and years of productive collaboration with the relevant regulators from which we benefit, that makes us best-placed to counsel clients from the very early stages of the design of their products through to their growth and expansion to other jurisdictions. This is ultimately why industry leaders turn to us for the most cutting-edge advice concerning financial regulation and compliance programs.

We recently advised the acquirer of Israel’s largest ATM operator in a transaction involving complex banking, finance and antitrust issues, and required approvals from both the Bank of Israel and the Israel Competition Authority, represented one of Israel’s leading credit card companies in its negotiations with regulators for the implementation of debit cards in Israel, and advised on complex negotiations with China’s largest credit card company for a license agreement. Clients are reassured by our wealth of experience in commercial and class action litigation, should the need arise. For example, we also advised a major global online payment company in several high-stakes class action lawsuits, including allegations that customers were unlawfully charged a fee for conversion of foreign currency.