PayPal Sues CFPB Over ‘Misleading’ Digital Wallet Disclosure Rules
PYMNTS
DECEMBER 12, 2019
In the lawsuit, filed in in the United States District Court for the District of Columbia, PayPal said the CFPB rule that requires disclosure for digital wallets and prepaid debit cards places “unreasonable restrictions” on consumers’ abilities to link certain credit products to PayPal accounts.
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