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Regulation E applies to FedNow instant payments as it applies to payer recourse. https://www.wolterskluwer.com/en/expert-insights/navigating-fednow-and-rtp-sys
by toomuchtodo 4mo ago
Regulation E applies to FedNow instant payments as it applies to payer recourse.
https://www.wolterskluwer.com/en/expert-insights/navigating-fednow-and-rtp-systems https://www.wolterskluwer.com/en/expert-insights/navigating-...
https://www.consumerfinance.gov/rules-policy/regulations/1005/ https://www.consumerfinance.gov/rules-policy/regulations/100...
- lxgr 4mo agoOnly for unauthorized payments, i.e. for transactions you did not consent to. This does not cover products/services not received at an online merchant, for example, just like how you can’t retroactively cancel a check. Cards do allow chargebacks in this situation.
- deleted 4mo ago[deleted]