A5730 (2025-26 session)

NY State bill

Directs every peer-to-peer mobile service to require users to create a personal identification code associated with the user's account that is required to be used when certain actions are taken and to require users to set a monetary amount for intended transfers above which the use of a personal identification number will be required to authenticate the user's identity.

Title
Relates to peer-to-peer mobile payment service security
Type
New York State Assembly bill
Session
2025-26 session
Status
In Assembly Committee
Latest action date
2026-01-07
In committee
Consumer Affairs And Protection
Introduced
2025-02-20
Same as
S9661
Law section
General Business Law

Sponsors

Co-sponsors

Heard in committee

Same as

Sources