South Africa: Dodd-Frank, Consumer Protection Act

For more than a decade, South African gift cards have existed largely within the consumer-protection space. Section 63 of the Consumer Protection Act 68 of 2008 ("CPA") treats a gift card as a "pre-paid certificate, card, credit, voucher or similar device" issued by a supplier that undertakes to provide goods or services up to the stored value.

In this next instalment of our platform economy series, we delve into regulatory requirements and what platform providers and developers should consider when launching their platforms.

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