Businesses and consumers employ a variety of mechanisms for making and receiving payments, and these different mechanisms are governed by varied rules. This course examines these mechanisms and laws. The course explores credit cards, debit cards, prepaid cards, automated clearinghouse payments (a system by which funds are added to or withdrawn directly from bank accounts), internet and mobile payments (e.g., Apple Pay and Venmo), digital currencies (e.g., Bitcoin), and checks. The class may also discuss wire transfers. Among the issues the course looks at are the rights of the parties to these various transactions when someone makes a mistake, commits fraud, or wants to cancel a payment. The applicable law includes federal statutes and regulations; Articles 3, 4, and 4A of the Uniform Commercial Code; and the common law. The class also looks at private agreements.