A Guide to Wire Recalls
What Are Wire Recalls?
Cryptocurrency transactions are managed through the blockchain which is powered by a series of computers using ledger technology. All transactions are recorded and yet are anonymous and fully encrypted. Many people feel that cryptocurrency is safer than other types of currency because of the use of encryption and the anonymity of transactions.
When Do You Need a Wire Recall?
- An error by the bank or the merchant
- A merchant dispute
- Wire fraud