Debit Card Fraud

jonesMUFCforever

!!!!!! there is no magic to chip and pin it is just a means to pay just like the old system where you signed!
Until OP comes back and confirms what he/she signed up for and what would happen if they did not pay what was owed and contracted to pay nobody on here can give any advice.

2sides2everystory

pqrdef wrote: »

Sadly this applies to Direct Debits as well now, because they can claim to have continuous authority to reinstate DD mandates.

Please tell us more about this new wheeze.

pqrdef

2sides2everystory wrote: »

Please tell us more about this new wheeze.

You give a firm an authority to set up a Direct Debit. When you don't want to renew, you cancel the DD mandate at the bank end. But the firm says they have the right under their T&C to carry on taking payments, so they just set the DD up again.

meer53

pqrdef wrote: »

You give a firm an authority to set up a Direct Debit. When you don't want to renew, you cancel the DD mandate at the bank end. But the firm says they have the right under their T&C to carry on taking payments, so they just set the DD up again.

You've opened up a right can of worms now ! 2sides2everystory doesn't agree with Terms and Conditions. Prepare yourself !:eek:

2sides2everystory

pqrdef wrote: »

But the firm says they have the right under their T&C to carry on taking payments, so they just set the DD up again.

In order to be a "firm" authorised as an originator of direct debits then that "firm" must provide indemnity guaranties through their own bank.

I fail to see how re-setting up a DD after the customer has already cancelled it will do the originator any good at all, other than to make a nuisance of themselves for their own bank and for the customer and his bank. All money debited via DDs will be refunded without question if the customer so instructs his bank.