UK Watchdog Proposes Compensation Plan For Victims Of Push Payment Fraud
PYMNTS
NOVEMBER 9, 2017
Payments System Regulator (PSR) is taking steps to address the 100 payment scams hitting consumers and businesses every day. Banks don’t reimburse their consumer and business customers hit by such a scam, unlike reimbursements made for fraudulent payments on card products, reports in the Telegraph explained.
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