Is Coyni Miami FL charge on credit card Scam? What It Really Is

Have you got a charge from Coyni Miami, FL on your credit card or debit card statement? There’s no need to panic. Lots of people have complained of similar charges from Coyni . Here’s how the charge came about and what to do if you’re certain you didn’t authorize it.

Understanding Coyni Charge on Credit cards

Coyni is a payment merchant which lots of businesses and individuals use. This company which is based in Miami Florida, is a subsidiary of RYVYL payment solution. They have products like Point of Sale App, Digital token, etc.

Why This Charge?

You’ve got a Coyni Miami FL charge on your credit card either because you visited a dispensary which uses the RYVYL payment solution or your credit card has been compromised. If you’re certain that you didn’t patronize a dispensary in the past few days or weeks, then there’s a likelihood that someone else has used your credit card.

What To Do If It’s an Unauthorized Charge

Inform Your Credit Card Issuer

Immediately contact your bank and inform them of the fraudulent transaction. You could do this by either reporting the fraud in their app or on their website. If fraud is confirmed, the issuer will likely cancel that card and issue you a new one with different numbers.

Update Your Passwords and Enable Two Factor Authentication

The second step you should take is updating your passwords. Make sure you check all of your other credit card accounts to see if they’ve also been compromised. It’s important to note that, even though only one card may have suspicious charges, you can’t be sure how the fraudster got the information. So make sure you change all of your passwords and PINs just to be safe.

Report the Fraud To Relevant Authorities

Report the scam to relevant authorities and organizations. This includes:

• Internet Crime Complaint Center (IC3): If you are in the United States, you can file a complaint with the IC3 at https://www.ic3.gov/.
• Your Local Consumer Protection Agency: Contact your local consumer protection agency or the equivalent regulatory body in your country.
• Better Business Bureau (BBB): File a complaint with the BBB if the online store is based in the United States.

Tips on How To Prevent Credit Card Fraud

1. Always Use Secure Websites. Whenever you’re entering your credit card info online, look for “https://” in the web address. The “s” means it’s a secure site.
2. Stay Alert from Phishing: Don’t Click on Links in Suspicious emails.
3. Keep your PIN and passwords super secret. If you must share them, change them after the person is done using them.
4. Be careful with public Wi-Fi when making online purchases or bank transactions. It’s safer to use a secure network.
5. After shopping or banking online, make sure to clear your browser’s cache. It helps keep your info safe.
6. Sign up for fraud alerts with your credit card company or bank. They’ll notify you if something fishy happens with your account.
7. Before tossing important papers, like bank statements, shred them or burn them to protect your info.
8. If you notice your card missing, tell your bank or creditor ASAP. They can help secure your account.

Conclusion

No, the Coyni Miami FL charge isn’t a scam but a legit bill from a dispensary. However, if you’re certain you didn’t purchase anything off a dispensary lately, your credit card has been compromised by cybercriminals.

If this is the case, you should contact your credit card issuer immediately and report the fraudulent transaction.

Credit card fraud or credit card scam is when someone steals or uses someone else’s credit card to buy things or make payments without permission from the card owner. A fraudster might trick the cardholder into agreeing to a payment by lying or exploiting their lack of knowledge. Sometimes, the card can be stolen, lost, or copied, and then used by fraudsters. So, if your card is lost, it’s important to tell the bank to block it to prevent unauthorized use.

See Also – Tudum.co Charge on Credit Card, Ar3 LLC Charge