Oireachtas Joint and Select Committees

Wednesday, 24 May 2023

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Authorised Push Payments Fraud: Banking and Payments Federation Ireland

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I thank the witnesses for coming before the committee and I thank the committee for agreeing to our proposal to host this module. There are very few people in the State who have not been victims of fraudsters or whom fraudsters have attempted to make victims of. We are all inundated with these text messages, whether these purport to come from eFlow or An Post. These days, we do not really know if we have to pay a customs charge or not because it is quite confusing for many people.

We are discussing authorised push payments and we touched on unauthorised push payments earlier. To clarify, it was stated that the value of unauthorised push payments, such as phishing and eFlow and An Post fraud attempts, in the six months for which we have data, amounted to €37 million. Is that correct?

Comments

No comments

Log in or join to post a public comment.