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The Independent UK
The Independent UK
Business
Vicky Shaw

THE TRUTH ABOUT: Shoppers warned that popular fast payment method could leave them unprotected | History Defined

Which? has warned that pay by bank may lack certain protections - (Getty/iStock)

Consumers are being encouraged to understand their payment protections amid the growing popularity of ‘pay by bank’ options.

The method allows for direct, secure transfers from a bank account without needing card details or recipient information. However, Which? has highlighted a potential ‘protection gap’ if purchases go wrong.

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