Almost everyone has fallen victim to fraud in one way or another while doing their monetary transactions be it online or offline.
With the increased use of technology, people are doing almost all their transactions online and this has also increased the number of crimes in various platforms. Covid-19 has even made the situation inevitable.
Fraudsters are very smart, they will approach you with various tactics and lure you into believing that they are legit and before you know it, you are robbed.
The funny thing about online fraudsters is, they will come to you nicely and with very promising words. You will find yourself giving them the attention as their deals will be too good to dismiss. In the end, all they will ask from you is your details.
And just a simple detail will give them a clue to your wallet. And boom it will be empty in seconds.
Although fraudsters are smart you can be smarter if you follow these simple steps when using your cards to make online payments, and know if you are being conned.
Visa and other financial institutions will never call or message you to request your account information.
Never provide information to anyone not unless you are the one who has initiated the conversation.
Do not feel obligated to provide card numbers, expiry date, CVV, or one-time password by phone.
Get details if the caller cannot answer, it is likely not legitimate.
Report any suspicious call or message to the number provided at the back of your card.
Beware of the increased number of crimes online especially at this time when most people have embraced cashless transactions through the internet.
In the meantime, if you are a business owner you can join the Co-operative Bank of Kenya’s E-commerce Solution that enables you to receive card-payments online.
Offer your customers the convenience of making card payments straight from your website by integrating it with Co-op bank’s e-commerce solution.
For more information, contact the bank or visit their website https://www.co-opbank.co.ke/ as you #StaySafe and #GoDigitalBanking.