Odd microtransactions may point to credit card breach
A wave of unauthorized microtransactions is currently sweeping the accounts of a number of US credit card holders, though the size and scope of the fraud scheme have not yet been determined. Beginning on or around November 20, consumers apparently began to notice small charges—typically for 19-29¢—appearing on their bank statements or online account information. These small withdrawals or deposits are typically test fees, sent to verify account authenticity. Paypal, for example, makes two small deposits in a user’s bank account in order to verify its authenticity.
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POSTED Wednesday December 3rd
