Nigeria is
witnessing a new standard in banking and online marketing with virtually all
banks in Nigeria making online transaction easily assessable for their clients.
The service open door for online purchase (airtime, goods and services) via
your bank ATM card, be it MasterCard, verve or visa card.
One of the great
importances of these services among others is that, it connects Nigeria through
World Wide Web to the rest of the world and makes it easy for Nigerians to
transact business both locally and internationally.
How
secure is online payment in Nigeria
In today world even if
a system is confirm to be safe, Scammers and online fraudsters are always
devising new ways of carrying out their nefarious activities and develop a new
way of penetrating into such a system. Some of the possible ways via which
these fraudsters can rob you online will be highlighted below.
Through
ATM card theft
In online transaction no
platform will asks for your secret code when making payment but will only ask
for the last set of numbers on your ATM card. Scammers are on the lookout of
getting your ATM cards which will grant them easy access in making any transaction
using your details.
Though
Phone theft
As banks do not ask for
secret pin before airtime can be purchase from your bank account, it opens door
for fraudsters to steal your phone and transfer all the money in your bank
account to your phone as airtime and transfer same to his/her bank account,
most especially if you are the type that links your phone number with your bank
account.
Through
Phishing emails
This is a special kind
of mail in which the source is never reliable. In most cases you will be asked
to click on a link and provide certain information and if that is done it will
only reveal every personal detail you might have stored in your mailbox,
including your email password, credit/debit card details and financial
transaction information.
Conclusion
Any site that insists
on getting your financial details should be avoided if you find such site
unreliable and Never shop on a site if you are not sure of how secured that
site is.
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