Consumer Retail Online Electronic Payments

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Consumer Retail Online Electronic Payments is written by Muharem Kianieff and published by . It's available with International Standard Book Number or ISBN identification 0494404337 (ISBN 10) and 9780494404331 (ISBN 13).

This dissertation considers the desirability of governmental regulation of consumer retail online electronic payments. The author argues that governmental regulation may be the only solution that will make emergent payment products a viable alternative to existing legacy consumer payment facilities for online transactions. The first part of the dissertation seeks to describe from a comparative perspective, various legal issues that hinder the acceptability of new payment products in the marketplace. The author begins by describing some of the emergent and existing payment products that are currently available on the marketplace. The discussion then turns to examining existing approaches to the regulation of electronic payments in Canada, the United States and the European Community. After canvassing the various paradigms that pertain to the question of regulation vis-a-vis electronic payments, the discussion turns to how the various jurisdictions have chosen to regulate issues pertaining to consumer privacy. Following this, the author describes various laws and regulations pertaining to consumer liability for unauthorized transactions and the various statues adopted by the three jurisdictions described above. The first part concludes with a discussion of possible remedies available to consumers in common law jurisdictions by way of constructive trusts in an effort to show how it may be possible to construe the new emerging products as falling outside of traditional banking and payment legal doctrines and how it may be possible to fashion a remedy for consumer outside of these accepted doctrines.