APP fraud: Difference between revisions
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imported>Doug Williamson (Create page. Sources: linked pages and PSR webpage https://www.psr.org.uk/sites/default/files/media/PDF/PSR-APP-Scams-report-consultation_1.pdf) |
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Revision as of 14:07, 10 December 2017
Payments and payment systems - fraud.
Authorised push payment fraud.
An ‘authorised’ push payment (APP) is when the customer gives their consent for a payment to be made.
This can include fraudulent situations where the customer has been tricked into giving that consent.
Payments related to APP fraud can be made over the phone, via online banking, or in person.
Most are completed instantly.
