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Could PayTo be susceptible to fraud?

PayTo Agreements are typically authorised via the payer customer’s internet or mobile banking. Like all payment methods, users should be alert to scams and not provide their internet or mobile banking log-in and password details to anyone. When authorising a PayTo Agreement, the payer customer is provided the relevant payment terms by the merchant or business, so the payer customer is aware of what they are authorising.

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