Africa: African Fintechs Halt Virtual Dollar Cards After Union54 Chargeback Fraud Surge

[TechCrunch] Last Friday, Barter, the consumer app of Africa’s most valued startup Flutterwave, told customers via email that they would not be able to access its virtual dollar card service from July 17. Hence, customers would be unable to create new virtual dollar cards, fund existing ones or make online and in-store payments and purchases with them.

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