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Jul 9, 2021

G.O.B. to Come Down on Credit Card Fraud

John Briceño

The Bill is also designed to clamp down on electronic transfer and credit card fraud and creates a series of offenses.


Prime Minister John Briceño

“This bill provides for the regulation of transfer of money through electronic means by use of bank cards, credit cards, smart cards; online banking transfers and mobile commerce which is important with the use of phone to make these transactions; for the purpose of instructing or authorizing a financial institution to debit or credit a card holder’s account when anything of value is purchased. The bill creates a number of offences related to theft, forgery and other dishonest use of credit card, debit card, bank card, smart card or the number and data associated with such card or a bank account. It is intended to build user confidence in electronic commerce and electronic transfer. The bill was drafted to be technologically neutral so that the same offences whether committed at a shop in Belize at an electronic terminal or services online apply in a similar manner.”


This Bill has been forwarded to the Public Service, Labour, Industry and Trade Committee.

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