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Visa, Mastercard Fined Wirecard for Dubious Transactions

Visa, Mastercard Fined Wirecard for Dubious Transactions

Postby smix » Tue Jul 28, 2020 4:37 pm

Visa, Mastercard Fined Wirecard for Dubious Transactions
Wall Street Journal

URL: https://www.wsj.com/articles/visa-maste ... 1595874886
Category: technologyNews
Published: Mon, 27 Jul 2020 14:34:00 -0400

Description: Defunct payments processor Wirecard miscoded gambling transactions and had high levels of stolen card purchases and reversed transactions, leading to big fines from card networks, according to people familiar with the matter.
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