Recent events have focused a spotlight on issues where online technology, payment and privacy issues converge.  These include Amazon’s release of a new smartphone, Apple’s announcement of a “virtual wallet” payment system, and the recently disclosed privacy breaches of Apple’s iCloud and Home Depot’s payment systems.  Companies developing new technology in this area must be more cognizant than ever on privacy laws and regulations applicable to their development and use of such technologies.  Tis article reviews applicable laws and regulations and how those laws might impact these and other online payment systems that may be developed in the near future.