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3 clusters · 7 sources · 7 days · First seen 19 days ago · Last updated 12 days ago

Greek e-commerce payment and security issues

Overview

In Greece, the e-commerce sector is facing challenges regarding payment methods and consumer security. The Greek E-Commerce Association (GRECA) has voiced opposition to a proposed regulation that would ban cash payments for courier deliveries. GRECA argues this could create “unequal treatment between physical and electronic commerce,” noting that physical stores currently allow cash for transactions under 500 euros.

Parallel to these regulatory discussions, a new fraudulent scheme has emerged targeting consumers using the cash on delivery (COD) method. Scammers are reportedly sending fake packages that appear legitimate to collect payments for incorrect items. Investigations are looking into how scammers obtain personal data to facilitate these shipments.

Regarding the regulatory landscape, the Greek Ministry of National Economy and Finance has proposed draft legislation to mandate electronic payments for all courier deliveries to boost digital transactions. The proposal includes penalties where courier companies accepting cash could face fines amounting to “double the value of the transaction.”

However, following significant opposition from industry representatives and the Athens Chamber of Commerce, the Ministry is currently reviewing the measure. Due to concerns regarding unfair competition and the resulting uncertainty for merchants, officials are considering whether the regulation will be withdrawn or significantly modified before it reaches Parliament.

Entities

GRECA · Ministry of National Economy and Finance · Katérina Zarífi · Greek E-Commerce Association · Greece

Claims

What the coverage asserts, and how many sources carry each claim.

[● 3 SOURCES] Scammers are using fake packages and cash on delivery (COD) to defraud citizens.
[● 3 SOURCES] A relative of presenter Katerina Zarifi fell victim to the scam.
[● 3 SOURCES] The victim paid 47 euros for a package containing an incorrect item.
[● 3 SOURCES] The delivery person and the shipping documents used in the scam were authentic.
[● 3 SOURCES] The fraudulent shipment appeared valid when tracked through the courier company's official system.

Timeline

12 days ago

[BUSINESS] 2 sources
Greece considers withdrawing ban on cash for courier deliveries
A Greek proposal to ban cash payments for courier deliveries is under review following backlash from businesses and the Athens Chamber of Commerce regarding unfair competition.
13 days ago

[CRIME] 3 sources
Greece consumer alert: New cash on delivery package scam identified
Scammers in Greece are using authentic-looking packages and cash on delivery to defraud consumers, a tactic recently highlighted by presenter Katerina Zarifi after a relative was targeted.
19 days ago

[BUSINESS] 2 sources
GRECA opposes proposed cash ban for courier deliveries in Greece
The Greek E-Commerce Association (GRECA) opposes a proposed ban on cash payments for courier deliveries, citing concerns over unfair competition and limited consumer choice.

Sources

banks.com.gr · cnn.gr · cretaone.gr · larissapress.gr · newsbomb.gr · sigmalive.com · tromaktiko.gr

This summary has been updated 1 time: see revision history