
REUTERS - Holiday shoppers are increasingly pulling out their phones instead of their
debit cards when it comes time to pay for a purchase, but what risks are they exposing themselves to when they do that? If you are charging items to your phone bill, you have limited protection, according to a new study by
Consumers Union, which is telling consumers not to use pay-by-phone programs that pass charges through the
phone company. The
advocacy group has been urging mobile carriers to recognize the responsibilities that come with being a
financial intermediary. ...
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