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
Ms Niamh Davenport:
Yes. It is generally different types of payments. In the case of the unauthorised payments, it is generally a card payment on a person's debit or credit card. With the authorised push payments in terms of the romance scams or investment scams, a person is going into their bank and making an online transfer from one bank account to another. It is a transfer as opposed to a card payment.
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