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Warning – widespread reports of credit card fraud

11/29/2018

Warning – widespread reports of credit card fraud

NANA continues to receive reports of credit card fraud being perpetrated upon unsuspecting Newsagents. The method used by the fraudsters is to manually enter credit card details into the EFTPOS terminal, similar to an “absent card” transaction. One Sydney metro Newsagent has been hit with $4,000 in fraudulent transactions plus additional chargeback fees from their bank. The losses in all cases are 100+%.