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An email from Amazon warning customers to be careful of a possible gift card scam went awry when customers reported that they worried the legitimate company message might have been, itself, a scam.
The Better Business Bureau (BBB) said in a new report that cases of gift card scams have risen by 50 per cent since last year. From January 2020 until September 2023, the BBB said there had been ...
There are reputable credit repair companies, but not every company offering credit repair services is legitimate. Warning signs of a credit repair scam include demanding payment upfront or ...
Phishing scams happen when you receive an email that looks like it came from a company you trust (like AOL), but is ultimately from a hacker trying to get your information. All legitimate AOL Mail will be marked as either Certified Mail, if its an official marketing email, or Official Mail, if it's an important account email. If you get an ...
Credit card fraud is an inclusive term for fraud committed using a payment card, such as a credit card or debit card. [1] The purpose may be to obtain goods or services or to make payment to another account, which is controlled by a criminal. The Payment Card Industry Data Security Standard (PCI DSS) is the data security standard created to ...
Friendly fraud. Friendly fraud, also known as chargeback fraud occurs when a consumer makes an online shopping purchase with their own credit card, and then requests a chargeback from the issuing bank after receiving the purchased goods or services. Once approved, the chargeback cancels the financial transaction, and the consumer receives a ...
Store credit (currency) Store credit is a special currency that can only be used to make purchases from a specific retailer. [1][2] It is often used by retailers when customers return a product in lieu of a cash or credit card refund, or when merchandise cannot be exchanged. [3][2] The store credit amount is usually equal to the item's last ...
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