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|    CANACHAT    |    Canadian chat conference    |    1,128 messages    |
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|    Message 375 of 1,128    |
|    August Abolins to All    |
|    eTransfer loophole    |
|    06 Mar 23 10:11:00    |
      MSGID: 1:153/757.21@fidonet 062a05c8       REPLY: 1:153/757.21@fidonet 062a043d       PID: OpenXP/5.0.57 (Win32)       CHRS: ASCII 1       TZUTC: -0500        AA> There was a story on CBC radio this morning about a person who        AA> received an eTransfer payment (auto-deposit) for an in-person        AA> exchange of an item for sale.               AA> But the payor was able to cancel the payment within 30 minutes,        AA> long after he had disappeared with the goods.              Here is the link to the story on the CBC website.              https://www.cbc.ca/news/gopublic/etransfers-autodeposit-        cancelled-scam-interac-1.6764431              It turns out that the woman did NOT check the balance of her        account, did she receive any "notification" of a deposit. Very        bad.              Usually, an eTransfer auto-deposit completes within a few        minutes.              "When the (auto-deposit) e-transfers came from one of the big        banks, senders never had an option to cancel it.              "Some credit unions, though, allowed senders to cancel for more       than half an hour after the (auto-deposit) e-transfer was sent       - even though the notification the sender received indicated it       was completed.               ..that's very bad too. Shame on the credit unions, and shame        on Interac for not inforcing protocols uniformly.                     --         ../|ug              --- OpenXP 5.0.57        * Origin: Stare into this point intently ->.<- (1:153/757.21)       SEEN-BY: 15/0 105/81 106/201 124/5016 129/305 134/100 153/0 141 143       SEEN-BY: 153/149 757 6809 7715 203/0 218/700 840 220/70 221/0 6 226/17       SEEN-BY: 226/30 227/114 229/111 112 113 275 307 317 426 428 470 664       SEEN-BY: 229/700 240/1120 250/8 267/800 280/464 5003 282/1038 292/854       SEEN-BY: 292/8125 301/1 310/31 317/3 320/219 322/757 341/66 234 396/45       SEEN-BY: 423/120 633/280 712/848 770/1 100 340 772/210 220 230 2320/105       SEEN-BY: 3634/24       PATH: 153/757 280/464 770/1 317/3 229/426           |
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