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Do we need to keep all statements from French bank?
Documents can be used as proof in cases of disagreement
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What would happen if Visa and Mastercard stopped operating in France?
Wero system is promoted by banks, although they are less keen on proposed ‘digital euro’
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Readers express frustration with equity release loan in France
Prêt viager hypothécaire is secured against a property and only has to be repaid from the borrower’s estate after death
France on alert by contactless cards theft
A Flaw in the contactless payment system means criminals can continue to use cards even if they have been reported stolen, warns consumer watchdog 60 Millions de Consommateurs.
The system that makes the payments quick means cards can be abused even after a block, as they do not need the bank’s electronic approval.
Legally, the bank should reimburse the amounts – if you notice them and alert them.
There is also another safeguard: banks must put in place a limit to the number of combined
contactless payments either per day, week or month, as well as a fixed maximum of contactless payments before the code has to be used again.
