Understanding E-Commerce & Digital Payment Laws
cyber du_llb beginner experience_shareDuring the DU LLB Entrance mock test, I got this question - "Which of these sections of IT Act, 2000 deals with the responsibility of internet service provider in case of an offense committed by a third party?" I thought this was a no-brainer, answered Section 79, but got 2-3 options wrong. The correct answer is Section 79(2)(c). The rationale was that Section 79(2)(c) makes an intermediary liable if he fails to expeditiously remove or disable access to material that he knows to be infringing upon any person's copyright. I scored 6/10 in this section. Weak area - not enough focus on IT Amendment Act, 2008, which brought several changes in the act, including amendments to Section 79.
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Good discussion guys. To understand e-commerce & digital payment laws, one must first grasp the IT Act 2000 & Consumer Protection Act 2019. Both Acts have provisions related to online transactions, digital signatures, & consumer rights. For e-commerce, you should also look into the E-Commerce Guidelines 2018 by DPIIT. These guidelines cover data protection, consumer grievance redressal, & foreign investment. Digital payment laws are governed by RBI's Master Direction on Regulation of Payment Systems.
Hey fellow law aspirants, let's break down E-Commerce & Digital Payment Laws. According to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021, platforms have to ensure payment services are secure & comply with RBI guidelines. However, it's interesting to note the nuances of cybercrime laws in this domain. What are your thoughts on the balance between regulation & freedom of e-commerce?