The Electronic Transactions Association (ETA), a payments trade association whose members include big tech companies and other payments providers, urged regulators to work “collaboratively and with careful consideration” today in an annual document outlining its policy perspectives.
According to a 33-page document released Monday by the ETA, regulators must avoid a one-size-fits-all approach to setting rules for financial products. Otherwise, the public will lose out on products and services that could prove to be beneficial to them, the ETA said.
