Online shopping is the latest trend these days and everything sells on the internet. You don’t have to go anywhere and pay until you receive your satisfactory product or service but on the other hand, as the online market is increasing, the scammers are active too.
There are many cases reported for the online scamming and frauds, due to which people are not only afraid of buying online but also uncertain in many cases. The online scamming not only reduce the online shopping but also increase threats of your information stealing and misusing it such as your credit card details etc.
Not buying online is not the only option. When treated smartly the threat of online scamming can be avoided and reduced as well.
How the online scam work?
As the internet is getting vast the option of scamming is also increasing day by day which includes fake sellers on the internet, fake websites or fake ads on the genuine websites etc. mostly the shoppers and potential shoppers are affected by the internet scamming and therefore online business suffers along with the shopper itself.
- Fake retail websites:
The most common way of online scamming is setting up a fake retail website which looks like a genuine one. The scammers use technology to set up a website which consists of all the products like the genuine website such as logos, designs, and domains etc.
You can spot the fake retail website by the method of its payment, the scammers usually ask for the advance payments and digital paying methods such as money order, pre-loaded money card, or transfers from credit cards. This will help the scammer get the money in advance and there are chances that you don’t see that product you have purchase and you cannot do anything about it.
The genuine websites, on the other hand, provide cash on delivery and if not the case please caution that there can be something fishy.
- Auction website:
The auction sites such as eBay etc. have very strict policies about the auction and they make sure that the customers are not scams. But on the other hand, the product you are bidding on, scammers have information about it and they can influence you that the product you are bidding on is available and you can buy it. If you transfer the money, the auction site cannot do anything in that case and you will never recover your money or product. That is why never believe any offers from the website until you double check from the authentic resource.
On the other hand, the scammers make up an entire scamming auction site and seeing many people auctioning for the products on such as low price also trigger you to buy from them. In this case as well don’t believe the website until or unless it is the genuine website and has Google’s verification.
- Classified website:
Online classified websites enable the customers to negotiate the prices of product or services promoted on the website. This can be done on the website or outside it.
Therefore this creates an opportunity of scamming the customers. They can post a fake ad which poses as genuine one. This ad can be about anything such as clothes, makeup, properties, pets, rental, cars etc. the scammers usually post lower prices compared to the others and advertise it on the actual website. This is also known as a classified scam.
In some cases, there are scammers who pretend to be the buyers and buy the product you sell. They make payments in cheque and send the amount more than the actual price. Then they ask you to refund the difference. This is also known as the overpayment scams.
Avoiding these scams are difficult as it can happen to anyone including you and there is no such measures you can do to avoid these scams. But still, you can be more careful in buying and selling on the classified websites until that website doesn’t offer the rating of the buyer or seller.
Make sure that the seller or buyer is selling at the market competitive prices as well as try to make payments in cash after you receive the item or product you are buying.
Look at these warning signs before buying online:
- The product is advertised at very low price.
- The features and benefits that doesn’t sound real.
- The buyer or seller is asking for the online transactions
- When the opposite party is insisting on paying immediately.
- Payment before assessing the actual product.
- When the rating of the initial bidder is or the seller have low or poor ratings.
- When the party wants to settle outside the website
- When the sellers are resident outside the country and not using any secured methods of the trisections.
- When the website doesn’t contain any security information such as privacy, terms, and conditions, dispute resolution or contact details.
- The seller or buyer asking for the payments from the credit card online.
Take precaution, stay protected:
- Always use those websites which have refund and return policies.
- Those websites are better to use who have fair and detailed policies.
- Web sites who takes responsibility when anything goes wrong.
- When using the retail website try to figure out whom you are dealing with.
- Web sites with Australian origin have a better reputation in the online retail market.
- Use secured payment methods such as PayPal.
- Avoid using digital currencies such s bitcoin as these are not as secured as you think.
- No matter how good the deal is, never go ahead without checking the actual product in your hand and after receiving it.
- Never make any transaction other than the auction website as it can be a scam.
- Avoid any online transactions in case the buyer or seller is asking for, this way you can never recover money. Try to deal in cash as much as possible.