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Aug 28 2025 Euro banks block billions in rogue PayPal direct debits after fraud glitch

Source

US payments platform back in action, says it's informing affected customers Shoppers and merchants in Germany found themselves dealing with billions of euros in frozen transactions this week, thanks to an apparent failure in PayPal's fraud-detection systems.... [...]

Posted by David Meyer on Thu 28 August 2025 in The Register.

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