The Electronic Transaction Association’s (ETA) Self-Regulation Program (SRP) was announced in September 2018 as a voluntary self-attestation program for payments companies who attest to following the ETA Guidelines on Merchant and ISO Underwriting and Risk Monitoring or Payment Facilitator Guidelines.
Rich Consulting and Double Diamond Group authored the original guidelines in concert with ETA and its committee, which follow network rules, government regulations and other industry best practices.
As part of our SRP Readiness Program we will conduct a risk, underwriting, compliance and complete operational department assessment to help you understand your potential vulnerabilities. Through a systematic approach based on the ETA guidelines we will analyze your underwriting approach, chargebacks, losses, attrition, pricing, fraud mitigation practices, and more to uncover potential risk exposure and weaknesses. The outcomes are used to develop recommendations and practical, yet forward thinking strategies for remediation and improvement.