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Caught in the Scam Crossfire: Will New Rules Shift the Cost to You?


Starting October 7th, banks and payment providers in the UK must now refund scam victims up to £85,000 within five days. 


While this sounds like great consumer protection, this new rule also places significant operational and financial strain on payment providers, which could lead to higher fees, longer transaction times, and restricted services for customers = YOU.


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