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Australia
1 mins to read

ASIC sues PayPal for retaining wrongful fees

PayPal 'escapes the consequences' of its errors, says Australian regulator.

If customers don't detect the fee errors in 60 days, the money goes to PayPal.

Lachlan Colquhoun Thu, 07 Sep 2023

Corporate regulator Australian Securities and Investments Commission has continued its action against financial services companies and is suing PayPal over its contracts with small business.

ASIC, which earlier this week announced legal action against Westpac for failing to address hardship

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Lachlan Colquhoun Thu, 07 Sep 2023
Contact the Writer: lachlan@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Australian Securities and Investments Commission (Asic) PayPal payments
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