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

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

“Secrecy is the badge of fraud” – Sir John Chadwick 

Fraudsters are coming up with different innovative ways to dupe people. Now they have started using the recent sales from well-known brands like Amazon and Flipkart to cheat their carefree shoppers.

But if you are well prepared to handle such situations then these attempts can be tackled easily.

So here is a handy guide to prevent these kinds of mishaps from happening.  


Recheck After Purchase Offers

Sometimes you get a call after delivery of certain items that they want feedback on services. Then they inform you that you have won big prizes like Money, TV, Mobile or even cars.

The next thing they inform you that you need to pay a  small fee to get that prize so if you share your credentials. This way many people got cheated by sharing the credentials.

So better check the authenticity of the caller by calling the customer care before making any such kind of transactions.

Be More Cautious During Festive Sales 

During the festive seasons, the most popular e-commerce website announces the sales like the sale going-on Big Billion days and The Great Indian Festival.

It is the time when people get careless seeing huge discounts and cashback.

That’s the time scammers attack as online shopping and digital payment is still a new concept for some of us and for the people from interior parts of India. So be cautious while giving your account-related information to anyone and check for the authenticity first.

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

Another innovative way I guess, You will get a call from Credit card company saying your card is blocked and they will help you in unblocking the card. In one case they asked to redeem their rewards points too.

Or they will extend the limits by providing a new card. By any of these ways, they will try to get your card details and ask for OTP that you have received on your mobile. 

The entire process is to hijack your account and siphon your money, so the rule is no Credit details and OTP sharing on the phone.

ReVerify The Special Deals And Booking Amount

Another way of cheating during Festive sales. Mostly the company executive will call you to offer huge discount offers or deal with some household items.

Afterword they will send you a link for the confirmation of the order by asking for booking amount.

Mostly these links are malicious and their purpose is to get your online accounts credential, so you better check the authenticity of the offer by calling the customer care before making any transactions.

SMS And Email Offering Lucrative Deals

The emails and SMS offering huge deals and offers are mostly fake or sometimes could be 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 Version Of Well Known E-Commerce Websites

During the sale season, many fake websites got detected which are fake versions of some famous website. While exploring on internet many popup appears from these websites.

So the rule is to verify the URL before going ahead with any transactions.

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