Report Fraud Through Apple Pay. How do i report fraud that was paid with apple pay? Fraud perpetrated via apple pay might be the biggest yet, with other digital wallets abused too.
We have users who are using apple pay with stolen credit cards, so they're blocked by stripe but applepay allows it. Except according to one report, apple pay is actually making it easier for scammers to commit credit fraud. While apple pay itself is incredibly secure, the verification process by banks and financial institutions has proven to be the weak link.
Reports of thieves using stolen payment info with apple pay surfaced earlier this week, and banks are already stepping up security measures.
This alerts, the users before making any transactions. Apple's new mobile payment system, apple pay, is under threat from criminals. There is no buyer protection for apple cash. We have users who are using apple pay with stolen credit cards, so they're blocked by stripe but applepay allows it.