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Westpac Blocks $40M in Hidden Subscriptions | Auckland News
Westpac is blocking over $75,000 daily in hidden subscription charges — dubbed “subscription traps” — where shoppers unknowingly sign up for recurring payments through sneaky online deals. Last year, the bank stopped $25 million; this year, it’s hit $40 million. These scams often hide overseas, burying terms in fine print, and sometimes pretend to be New Zealand-based to trick users. While not technically illegal, the tactics are widely seen as unethical. Consumers usually spot them only when reviewing bank statements — so stay vigilant and contact your bank immediately if you see unfamiliar…
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