Apple, PayPal Among Tech Giants Ordered to Reveal How Their Payment Networks Function
http://www.newsweek.com/apple-paypal-among-tech-giants-ordered-reveal-how-their-payment-networks-function-1641417
The Consumer Financial Protection Bureau (CFPB) is calling for transparency and more information from tech giants who have created their own proprietary payment networks, raising potential antitrust concerns.
CFPB Director Rohit Chopra has ordered Amazon, Apple, PayPal and other large businesses Thursday to disclose how their payment systems work and what consumer protections are put in place.
Apple, PayPal Among Tech Giants Ordered to Reveal How Their Payment Networks Function
Oct 21, 2021, 9:33pm UTC
http://www.newsweek.com/apple-paypal-among-tech-giants-ordered-reveal-how-their-payment-networks-function-1641417
> The Consumer Financial Protection Bureau (CFPB) is calling for transparency and more information from tech giants who have created their own proprietary payment networks, raising potential antitrust concerns.
> CFPB Director Rohit Chopra has ordered Amazon, Apple, PayPal and other large businesses Thursday to disclose how their payment systems work and what consumer protections are put in place.