Trascritto
Flutterwave to Recover $24 Million Lost to Unauthorised POS Transactions
14 feb 2024 ·
1 min. 28 sec.
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Flutterwave to Recover $24 Million Lost to Unauthorised POS Transactions
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Descrizione
African fintech giant Flutterwave is seeking to retrieve $24 million illegally transferred in October 2023 through a combination of a technical glitch and potentially fraudulent activity by POS merchants. The...
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African fintech giant Flutterwave is seeking to retrieve $24 million illegally transferred in October 2023 through a combination of a technical glitch and potentially fraudulent activity by POS merchants.
The fintech company will reach out to over 6,000 account holders across 35 banks and financial institutions involved in unauthorised transactions.
A recent High Court ruling will allow Flutterwave to contact account holders via email, SMS, and WhatsApp messages, with assistance from a recovery agency to recover the funds, according to court documents
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The fintech company will reach out to over 6,000 account holders across 35 banks and financial institutions involved in unauthorised transactions.
A recent High Court ruling will allow Flutterwave to contact account holders via email, SMS, and WhatsApp messages, with assistance from a recovery agency to recover the funds, according to court documents
Informazioni
| Autore | Africa Business Radio |
| Organizzazione | Africa Business Radio |
| Sito | - |
| Tag |
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