Reply to post:

Apple Pay a haven for 'rampant' credit card fraud, say experts

returnmyjedi

People are worried because even though you get the money back eventually it can be a right royal pain in the Harris to identify the frauds, get a new card, claim the money back etc. My housemate a few years ago ended up having his credit rating adversely affected by a credit card fraud that cleared out his bank account and resulted in several missed payments. Even though the back refunded him the money after a week or so, it took him a few months to get his credit rating back to normal which was jolly inconvenient at the time as it meant his mortgage application was rejected, he lost the house he wanted and - worse of all - he had to live we me an extra month.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2019