WARNING! Don’t fall for these tap to pay scams

WARNING! Don’t fall for these tap to pay scams

Rather be safe than sorry 

Darren and his phone
Darren and his phone/ ECR

Darren Maule has joined the tap to pay gang this week however, there are some scams that one needs to be aware of when using this feature. 

Tap-and-go or contactless payments, like tapping your card or utilising your smartphone or smartwatch at a point-of-sale (POS) terminal, are gaining popularity for their convenience.

Read More: WATCH before you tap to pay in South Africa

According to the Ombudsman for Banking Services (OBSSA), this scam works by exploiting near-field communication (NFC) technology and tap-and-go payment systems.

NFC technology scams involve fraudsters using stolen bank card information, such as the card number, expiry date, and CVV number, to make fraudulent purchases through digital wallets.

As shared a few weeks ago here’s a video that depicts a recent scam and others that you should be aware of:

Stay alert and when in doubt, check in with your bank. 

Read More: New payment system introduced for the South African public

Stay tuned for more, we will bring you the latest at East Coast Radio. 

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Image courtesy of ECR 

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