MAS to Implement E-Payments User Protection Guidelines

The Monetary Authority of Singapore (MAS) commenced a public consultation on 13 February 2018 on its proposals to enhance the protection of consumers and micro-enterprises (account holders) that adopt electronic payments (e-payments) from losses arising from unauthorised or erroneous payment transactions through their payment accounts. The proposals are part of the measures contemplated by MAS to encourage the wider adoption of e-payments.

Read more

Go to Page: