Who regulates electronic payments?

Electronic payments are primarily regulated by various government agencies, with oversight varying by country. In the United States, the primary regulators include the Consumer Financial Protection Bureau (CFPB), the Federal Reserve, and the Office of the Comptroller of the Currency (OCC). Additionally, payment networks like Visa and MasterCard have their own compliance standards. Regulatory frameworks also incorporate laws such as the Electronic Fund Transfer Act (EFTA) and the Payment Card Industry Data Security Standard (PCI DSS).