FTC Wire Wire Transfer 
Finextra
JUNE 26, 2025
The Federal Trade Commission (FTC) alone documented nearly 266,000 cases of online shopping and negative review scams in 2023. Stablecoin transaction fees are typically much lower compared to those incurred with traditional payment methods like credit cards or wire transfers. Problem 1: Mistrust in Sellers.
Finextra
JUNE 26, 2025
The Federal Trade Commission (FTC) alone documented nearly 266,000 cases of online shopping and negative review scams in 2023. Stablecoin transaction fees are typically much lower compared to those incurred with traditional payment methods like credit cards or wire transfers. Problem 1: Mistrust in Sellers.
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PYMNTS
FEBRUARY 12, 2019
The FTC said these particular types of scams cost people more than any other type of swindling, and that they’re expected to become more common. They will generally request the money be sent by wire transfer or gift card. The scam is effective, and last year the FTC said people lost a median of $2,600 from the scams.
PYMNTS
DECEMBER 20, 2019
The FTC said in its complaint that FLEETCOR had marketed payment cards to firms with vehicle fleets, noting that they would save money, that there were no transaction or membership fees, and there would be controls for fraud. There are also fees if the fleet cards go unused and fees connected to paying card bills via wire transfer.
PYMNTS
MARCH 2, 2018
But when seniors do become financial victims, they typically take a bigger hit than millennials do, the Federal Trade Commission (FTC) said in a press release. Overall, the FTC is seeing that consumers are losing more money due to fraud in 2017 than 2016. In all, 70 percent of consumers say that fraudsters reached out to them by phone.
PYMNTS
DECEMBER 17, 2020
As of September 2020, the FTC reported that there had been $145 million in pandemic-related scams. The FTC marked $201.26 Anybody who calls, emails or text messages you asking for money, asking for gift cards, asking for wire transfers – that is a scam,” he noted.
PYMNTS
FEBRUARY 6, 2019
There are also fees linked to paying card bills via wire transfer, and fees if the fleet cards go unused. Yet, reports said there have been 366 complaints filed with the Federal Trade Commission (FTC) against FLEETCOR since 2014. 10-per-gallon or $2-per-transaction fee noted as an account administration charge. WEX Inc. ,
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