Provisions applicable to electronic payment fund institutions

 Professional related: Ignacio Armida   |      February 2nd, 2021

On January 28, 2021, the Provisions applicable to electronic payment fund institutions in terms of the Law to Regulate Financial Technology Institutions were published in the Official Gazette of the Federation.

These Provisions contemplate that electronic payment fund institutions must obtain the express consent of their customers whenever they agree to carry out transactions or provide services through technological means, which must be authenticated by means of a customer identifier and its authentication factor.

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