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Auto scam block to save Aussies $120m

Westpac says customers will have card transactions automatically blocked if a scam is detected. (AAP)

Thousands of Australians are expected to save $120 million a year as part of a new banking system designed to stop online purchases from dodgy overseas sellers.

From Monday, Westpac says its customers will have their credit and debit card transactions to overseas retailers automatically blocked if a scam is detected.

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