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Furthermore, global payment volume reached a staggering $31.7 The proliferation of ewallet platforms and mobile payment systems over the past decade has also revolutionized the way consumers interact with financial services. trillion in payment volume. As of 2023, there were over 4.5
Transactional laundering has gained attention from banks and paymentserviceproviders, which has forced fraudsters to explore other ways to hustle consumers and businesses. According to Frechtling, this is how the payment hustler persona was born. Knocking the Payment Hustler.
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