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

Thursday August 28, 2025. 01:41 PM , from TheRegister
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.…
https://go.theregister.com/feed/www.theregister.com/2025/08/28/euro_banks_block_paypal_direct_debits

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