Farmers for instance received 93 per cent of their payments in cash with only five percent receiving via
bank transfer. Only two per cent received their payment via mobile money.
The company is also offering the standard
bank transfer, which is free and takes between one and three days for the transaction to be completed.
has warned this leaves millions of people at risk of losing life-changing sums of money to
bank transfer scams.
The Police in Ado-Ekiti on Wednesday arraigned 27-year-old Adebayo Ayobami before an Ado-Ekiti Magistrate Court for allegedly defrauding people with fake
bank transfer alerts.
THINK twice if an online trader wants payment by
bank transfer - you don't get the protection you receive when paying by credit card or via PayPal.
Think twice if an online trader wants to be paid by
bank transfer, you will not have the protection you get when paying by credit card or online methods such as PayPal.
You can pay by
bank transfer then send an email to arthurlie1874club@yahoo.com confirming your payment plus the name you wish to appear on the strip and certificate - in case it is different from the name of payer - plus the address you wish the certificate and pin badge sent to.
A lump-sum of e1/410,000 will be granted by a
bank transfer to the next of kin of each victim, the foundation said.
Victims of
bank transfer fraud in the UK could have their money reimbursed under a new code that is coming into force in the financial industry.
Losses to
bank transfer fraud are "spiralling out of control", with PS354 million lost in the last year alone - most of it stolen from personal accounts, Which?
Crooks are advertising pets and pet accessories at lower than expected prices to lure in victims, then ask for full payment or a deposit via
bank transfer or electronic wire.
Those have now faded out and been replaced by mobile money,
bank transfer and direct deposits, which in addition to paying fees, are now commonly used for paying rent.