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Dorsey & Whitney – Consumer Protection Wherever You Pay: FTC Releases Mobile Payment Industry Report

The Federal Trade Commission ("FTC") recently released a staff report entitled "Paper, Plastic . . . or Mobile? An FTC Workshop on Mobile Payments" which highlighted key issues with the booming mobile payment industry. The FTC noted that while mobile payments provide many potential benefits to customers, they also raise a number of consumer protection concerns. The report identified three primary areas of concern: dispute resolution regarding unauthorized charges, data security, and privacy.

Jamie N. Nafziger and Brent Ylvisaker

Full Story: https://clients.dorsey.com/rs/vm.ashx?ct=24F76C1BDFE10AEDC1D089A5D52B931ADFBE7BB3D38714DD4CF371647BF8D90DDD78038

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