Active since Apr 2022
The real problem isn't just the ****mer—it’s the payment platforms enabling them. I believe there is a massive flaw in the system, and the responsibility lies with the card payment services provided by companies like VISA, Mastercard, YOCO, and the banks. By making these services available to anyone without proper due diligence, they are inadvertently providing the tools for would-be ****mers to operate. If these platforms actually vetted the businesses using their systems, we would see far less ****ming taking place. I was recently ****med by a company called BoerBites, who were advertising on Facebook. I paid via the YOCO payment platform. The issue lies in the timing of the payments. YOCO settles funds to merchants within 1-2 business days—or even within an hour if the merchant pays an extra fee of approximately 1% (min R17). The problem? Delivery times are almost always longer than this settlement window. This means the ****mer receives the money long before they are required to ship the goods—assuming they ever had any intention of sending them at all. I have since contacted YOCO, but they have simply shrugged their shoulders and offered no help. My own bank, FNB, also says they cannot do anything. This leaves the victim with absolutely no recourse. Surely, when a merchant applies for YOCO’s card payment facilities, they are FICA'd and all their details are verified. If that information was shared with the banks and used proactively, we could stop these ****s before they happen—and ensure that when things go wrong, the victim gets their money back immediately. "How many more people need to be ****med before YOCO and the banks start taking responsibility for verifying the merchants they choose to do business with?"
Company sucks Bigtime. Received router and simcard. One week later simcard still not activated. They will not give credit. Either pay or cancel your order in order to receive credit. Terrible service. They say they give service 24/7. This is not true.