POLi Payments controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile2 entries
Bank and security criticism over credential handling
Banks and security commentators criticized POLi's practice of operating through users' online-banking sessions and questioned the risks of entering banking credentials into a third-party payment flow. ASB and several Australian and New Zealand banks advised customers not to use the service; some also warned that online-banking guarantees might not apply.
Concerns over irreversible payments and gambling use
POLi faced criticism because its payments generally lacked card-style chargeback protections and because the service was associated with payment activity that could facilitate illegal gambling.