Oireachtas Joint and Select Committees
Tuesday, 24 October 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Authorised Push Payment Fraud: Discussion (Resumed)
Jim O'Callaghan (Dublin Bay South, Fianna Fail) | Oireachtas source
I thank the witnesses. I will conclude by making a comment and I do not need anyone to answer it. My assessment of this issue is as follows. I am conscious that the organisations present are all enormous platforms that have global reach but I would have thought it would be preferable, from the point of view of the protection of the consumer, if it was possible that there was a universally high level of verification for all their sellers, advertisers and persons who they are entering some form of contractual relationship with.
In the long term, it would not eliminate all fraud but it would certainly reduce it. I thank all the guests for attending.
No comments