Visa, Worldpay Take Blame For Duplicate Charges On Coinbase, Reverse Transactions

IT.com

JulienJ

Member
Visa and payment processing company Worldpay issued a joint statement on the Coinbase blogtoday, Feb. 17, taking responsibility for charging Coinbase customers multiple times for the same transaction.

Before admitting fault in the statement published by Coinbase today, Visa had at first shifted the blame back to Coinbase, telling the Financial Times on Feb. 16 that it had “not made any systems changes that would result in the duplicate transactions cardholders are reporting.”

However, the latest statement from Visa and Worldpay on the Coinbase blog clarifies:

“Over the last two days, some customers who used a credit or debit card at Coinbase may have seen duplicate transactions posted to their cardholder accounts. This issue was not caused by Coinbase.”


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