EFCC reveals new ATM and debit card fraud

[ad_1] The Economic and Financial Crimes Commission (EFCC) has alerted Nigerians on the rate of unauthorized withdrawals through Automated Teller Machine (ATM) from bank accounts of customers, describing it as alarming. The…

Binance stops offering crypto Visa debit card in Europe while partners step back

[ad_1] Berlin: Binance is no longer offering its Visa debit card in Europe, the latest retrenchment by the world’s largest cryptocurrency exchange. Existing holders of the European Economic Area card…

Users across Canada report outages affecting debit, credit payments

[ad_1] Published Sept. 23, 2023 3:43 p.m. ET A customer swipes a MasterCard debit card through a machine while checking out at a shop in Seattle, Nov. 2, 2009. THE…

Binance to halt crypto debit card in Latin America, Middle East

[ad_1] Cryptocurrency exchange Binance will suspend its crypto debit card services in Latin America and the Middle East from Aug. 25. The crypto debit card worked like most other debit…

Debit cards face threat over UPI preference

[ad_1] Debit cards may struggle to retain their utilities intact at a time when the preference for the Unified Payments Interface (UPI) platform across India has been on the rise.…

FTC Orders an End to Illegal Mastercard Business Tactics and Requires it to Stop Blocking Competing Debit Card Payment Networks

[ad_1] The Federal Trade Commission is ordering an end to illegal business tactics that Mastercard has been using to force merchants to route debit card payments through its payment network,…