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US consumer regulator investigates digital payment systems

Friday 22 October 2021 | 12:23 CET | News
The Consumer Financial Protection Bureau (CFPB) in the US announced it's looking into digital payment services run by the large tech companies. The CFPB asked Amazon, Apple, Facebook, Google, PayPal and Square to provide more information on their business practices, so the bureau can ensure adequate consumer protection. The CFPB said it's also looking at the Chinese services Alipay and WeChat Pay.

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Categories: Internet / Mobile & Wireless
Companies: Alipay / Amazon / Apple / Google / PayPal
Countries: United States
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