I hadn't had a credit card swiped in years, but it happened to me a month or two ago.
Whoever had my card used it for CashApp transactions (I didn't even know this was possible?), ultimately creating ~15 transactions of varying sizes, all less than $100. It took a while to unwind, and in the end my case was actually denied (!) for 1 of them.
I bet I counted as a new user, with $100+ in transaction volume. :)
Just because of this interaction, my disposition towards Cash App has tilted into the negative, and I literally didn't have an opinion on it before. Regardless of any number-juicing they may have indulged in, their fraud-detection tech has to be better, it's not doing them any long-term favors.
Whoever had my card used it for CashApp transactions (I didn't even know this was possible?), ultimately creating ~15 transactions of varying sizes, all less than $100. It took a while to unwind, and in the end my case was actually denied (!) for 1 of them.
I bet I counted as a new user, with $100+ in transaction volume. :)
Just because of this interaction, my disposition towards Cash App has tilted into the negative, and I literally didn't have an opinion on it before. Regardless of any number-juicing they may have indulged in, their fraud-detection tech has to be better, it's not doing them any long-term favors.