alyaza [they/she] ( alyaza@beehaw.org ) MA to TechnologyEnglish · 2 years agoApple Pay, Cash App, and other digital wallets will be regulated more like banks nowwww.theverge.comexternal-linkmessage-square9linkfedilinkarrow-up184
arrow-up184external-linkApple Pay, Cash App, and other digital wallets will be regulated more like banks nowwww.theverge.comalyaza [they/she] ( alyaza@beehaw.org ) MA to TechnologyEnglish · 2 years agomessage-square9linkfedilink
minus-squareflashgnash ( flashgnash@lemm.ee ) linkfedilinkarrow-up10·2 years agoDo people store their money in these things? I use Google pay quite often, but it draws the money from the bank at the time of payment
minus-squarefuckwit_mcbumcrumble ( fuckwit_mcbumcrumble@lemmy.dbzer0.com ) linkfedilinkEnglisharrow-up5·2 years ago It will give the CFPB the authority to oversee their compliance with federal laws surrounding privacy, fraud, and other rules through “proactive examinations.” It’s to help stop scams, not for people trying to use them as a bank or something.
Do people store their money in these things? I use Google pay quite often, but it draws the money from the bank at the time of payment
It’s to help stop scams, not for people trying to use them as a bank or something.