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Electronic Payments: Industry and Legal Developments and Trends, Ontario Bar Association Sections in Review, Vol. 1, No. 2
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Date: January 1 2007 |
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Like many other industries to whom members of the OBA Information Technology and E-Commerce Section provide services, the electronic payments and transactions ("e-payments") industry has experienced considerable change in the past few years. 2006 proved to be no different as there were interesting developments, both within the industry and the law, that directly affected nearly all the actors in the e-payment eco-system – from merchant retailers, financial institutions and credit card companies to technology service providers and individual consumers. This article seeks to: (a) provide OBA members with a glimpse of some of the key developments to help familiarize them with a growing industry; and (b) provide, from a legal perspective, some of the challenges that arise in advising companies in this industry including how existing laws, such as consumer protection and privacy laws, as well as industry rules and regulations, may apply to their client’s business.
To view this newsletter, please click here: Electronic Payments: Industry and Legal Developments and Trends
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