Monday, October 06, 2003

Payments in the media this weekend

This weekend, retail payments were in the spotlight in the Netherlands. First of all newspaper Trouw published an interview with departing CEO of Interpay, Willem Stolwijk. And Trouw decided to highlight his statements on debit-card fraud on the front page, suggesting that the magnetic-stripe fraud appeared to be unstoppable.

Then on the Saturday edition of Kassa, the use of the direct debit instrument was once again subject of debate. Gijs Boudewijn, representative of the Dutch Banker's association assured the public that banks would take additional measures to get rid of errors and fraudulent use of the direct debit by companies.