Fraud spike forces bus company to ban online banks and cut mobile contactless limits

Ensignbus, which ploughs routes through Southend, Grays and Tilbury, says it suffered £10,000 worth of losses through contactless ‘non-payments’ over the last three months. The reduced contactless limit affects all users trying to pay via iPhones and Android devices, while transactions from Monzo, Reveolut and ABN Amro apps have been blocked at the ticket machines.

Link: Fraud spike forces bus company to ban online banks and cut mobile contactless limits
via http://www.finextra.com

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