#payid — Public Fediverse posts

with #QR codes being more accepted, I wish #BPay here in #Australia would allow a biller to give me a QR code that I could scan that had the biller code, reference, and amount encoded and in my banking app I just confirmed that it looked right and hit 'pay'. I am always terrified of getting a digit wrong.

Heck #payid and #bsb/account transfers could also be set up the same way to make it easier to share/use.

Oh wow. Just been reading; for a #PayID payment into a #Westpac account the period whereby the sender can claim it was a Mistaken Internet Payment is.... wait for it... 7 months!!! You can be scammed 7 months after receiving payment. And the best bit, the banks might not even tell you, they just accept each other's word and transfer the money back.
I am learning lessons this week.
Section 6.19 of their Online Banking T&Cs

Something I came across I thought I'd share - the ACCC's Little Black Book of Scams. https://www.accc.gov.au/about-us/publications/the-little-black-book-of-scams
Help educate yourself and others on potential online scams. Little out of date but some good information in there. Hopefully next version will include how to avoid the PayID scams currently rife on local marketplaces.
#Scams #ACCC #OnlineSafety #BeCarefulOutThere #PayID