Google pay payment
Payment providers

New laws for digital payment services.

Australian government is considering new laws about digital payment services provided by Google, Apple, and other tech giants.

The amount of data that are used from tech giants such as Google, Facebook Amazon and others, can be used to influence the future. Payment services provided by those tech companies, that were not initially payment providers could shape the future of payments. That is not necessarily bad, the government just want to regulate those providers to ensure the safety of the consumer.

Source:  CNBC

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