Consumer Banking and Payments Law: 5.14.1 Overview
A wide variety of new payment systems are emerging that are accessible either through mobile phones or online. Mobile devices and computers can be access devices within the meaning of the EFTA.1434 But whether and how the EFTA or other laws apply is not always easy to sort out. The use of mobile devices can pose a wide range of issues that are beyond the scope of this treatise.1435