Consumer Protection in E-money

Consumer protection in e-money ensures that digital monetary services are safe, reliable, and fair for users. It involves regulations that safeguard your funds, prevent fraud, and address issues like account security and dispute resolution. Essentially, it gives you confidence that your electronic money is protected from theft or misuse, and that service providers follow rules to handle your transactions responsibly. These protections help maintain trust in digital financial services, ensuring consumers are treated fairly and have clear avenues to seek help if problems arise.