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Making Paypal Pay: Regulation E And Its Application To Alternative Payment Services, Eric Pacifici
Making Paypal Pay: Regulation E And Its Application To Alternative Payment Services, Eric Pacifici
Duke Law & Technology Review
In light of the growth of data breaches in both occurrence and scale, it is more important than ever for consumers to be aware of the protections afforded to them under the law regarding electronic fund transfers and alternative payment services. Additionally, it is important that agencies like the Consumer Financial Protection Bureau (“CFPB”), charged with the protection of unsuspecting and often defenseless consumers, are carefully monitoring these protections to ensure they keep pace with the technological evolution of the payment services they regulate. Alternative payment services, such as PayPal, are conducting an enormous number of payments and providing an …