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8 Types Of ECom & ATM Frauds Can Steal Your Money This Festive Season: How To Avoid Them?

| Published on October 1, 2019

Fraudsters these days are not only smart but also creative in their ways of dooming people for money. With the on-going festive season the risks of being a victim of fraudulent activities is at its peak. 

So in order to enjoy this festive season, here’s how what you need to be careful about-

Recheck After Purchase Offers

Keep your credentials to yourself! 

Often it happens when we shop online that we are flooded with calls informing about the exciting gifts that you may have won like TV, car, mobile etc for which you are asked to share your credentials. 

But it’s just a tactic which to cheat on the consumers so before you provide them with this sensitive information it’s best to check the authenticity of the caller by calling the customer care.

Be More Cautious During Festive Sales

Festival season is not only a peak time for e-commerce sites offering huge discounts and sales but also for the scams to happen!
People often end up getting careless seeing these huge discount and cashback offers. In their excitement, they often end up sharing account related information which later leads to fraudulent activities.

WhatsApp Product/Brand Promotions

The messages you get on WhatsApp saying discount on products or popular brands then don’t just click on them on curiosity.

These messages are mostly fishing attempts and sent to allure people to share their Amazon/Flipkart account details. Sometimes they even try to sneak your credit/debit card information.

Calls From Credit Card Companies

One should beware of fraudulent calls who pretend to be calling from the credit cards company and ask you for your card details on the phone.

Remember to never share your card details to on the phone as the entire process can hijack your money.

ReVerify The Special Deals And Booking Amount

It may often happen during the festive season when you may receive a call from company executive offering you huge discount or deals and later asking you for booking amount on the sent link by them.

These links are mostly malicious and their purpose is to get your online accounts credential, so its always better to cross-check the authenticity of these before making any transactions.

SMS And Email Offering Lucrative Deals

While SMS and E-mail is a great way of marketing, it may at times turn out to be your worst nightmare. There is a high chance of these SMS and Emails offering huge deals to be a phishing attempt.

If you see such kind of offers better check the website or customer instead of directly clicking on the link provided in SMS or Emails.

Say No To Search For Coupon Codes

The messages or SMS containing details about a coupon code will ultimately ask you to click on some phishing link. Never try to search coupon codes for getting some discounts or freebies.

They could be phishing links to get your Online account information from your computer.

Fake Vision Of Well Known E-Commerce Websites

Yes! They exist. Many fake websites of well-known e-commerce are known to doom people during the festive season. So the rule is to verify the URL before going ahead with any transactions.

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