November 22, 2024

CFPB expands oversight of digital payments services including Apple Pay, Cash App, PayPal and Zelle

 CFPB expands oversight of digital payments services including Apple Pay, Cash App, PayPal and Zelle

CFPB expands oversight of digital payments services including Apple Pay, Cash App, PayPal and Zelle

The most popular apps covered by the rule collectively process more than 13 billion consumer payments a year, the CFPB said.