The
electronic payment ecosystem is complex and changing fast. In addition to the
different payment cards, the development of internet and mobile payments,
digital money transfers, and electronic currencies give rise to new services
and new types of payment intermediaries.
Intellectual
property-right infringers engaging in the sale of counterfeit goods or
providing services for pirated content depend on various payment services for
their activities. They increasingly engage in sophisticated uses of different
payment services to undermine the investigative measures used to establish the
illegal nature of their activities and to make the flow of funds more
complicated to trace.
This discussion paper identifies a number of emerging trends and
challenges that electronic payment service providers, intellectual property
owners, and law enforcement authorities are facing in counteracting the misuse
of payment services for IP-infringing activities. Most importantly, it
identifies existing good practices from electronic payment services providers
that are seeking ways to limit the risks of their services being misused for
such activities.
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