4 ms·
> They post bank account details for the customer to send a payment to. This is even less credible to me than a phishing site set-up to take card details. As s
by lol768 3y ago
> They post bank account details for the customer to send a payment to.
This is even less credible to me than a phishing site set-up to take card details. As soon as you try to make a payment to a scammer's bank account, confirmation of payee will fail because the bank details won't match the hotel's. It should also raise alarm bells because it's a completely out-of-character thing to be asked to do prior to a stay with a hotel.
- insomniacity 3y agoDoes Confirmation of Payee even exist outside the UK? Even if it did exist within other countries, I highly doubt there is international integration.
- lol768 3y agoPSD3 covers international IBAN verification and will, thanks to regulation, ensure that this works cross-border. I think the technical aspects are fairly similar to CoP as we have it in the UK. Even in its absence though, the international payment flow puts enough friction into the process it would probably ring some alarm bells for a potential victim.