Electronic Payment Systems


  • Multi-State Apartment Manager

    Lead counsel for multi-state apartment manager’s merchant ACH and credit card processing compliance and contract issues.

  • ACH Payroll Processing Company

    Lead outside counsel for national ACH payroll processing company located in Texas.



Over the past three decades, electronic payments have become the cornerstone of international commerce, allowing consumers, businesses and governments to transact business and move money with increasing convenience, value and security. We also recognize emerging technologies in the mobile, online and electronic payments arenas offer opportunities for financial institutions, merchants and consumers to reformulate commerce. Our Electronic Payment Systems practice has the knowledge and firsthand industry experience required to help our clients navigate through the multifaceted and ever-changing regulatory landscape.

At the backbone of the electronic payments and financial technology industry are issuing and acquiring banks, ISOs, technology providers, payment processors, software and hardware developers and the many investors and lenders who have financed the progress of this international industry. Our Firm assist clients in each of these industry and serve as Outside General Counsel to various trade-groups such as ePay Resources, formerly Southwestern Automated Clearing House Association (SWACHA) and The Electronic Payments Resource.

Munsch Hardt regularly advises clients on Automated Clearing House (ACH) payment processing agreements and operations, as well as compliance and liability risk under the National Automated Clearing House Association (NACHA) rules. We also counsel both large and small clients on legal issues, as well as strategic alliances, mergers and acquisitions and corporate direction. Other services include, but are not limited to, the following:

  • Mergers and acquisitions
  • Merchant acquirer, ISO, processor and sales agent contracts
  • State and federal regulatory compliance
  • Bankruptcy issues
  • ACH processing
  • Copyrights, trademarks and licenses
  • Mobile payments
  • Entity formation
  • Loyalty, gift and pre-paid cards
  • Cutting edge technology compliance issues
  • Tax issues affecting the electronic banking industry
  • Financial Institution Litigation
  • Litigation
  • Infrastructure and project finance