#online bank fraud

Sellers would normally encourage using e-wallets or online banking as a form of payment, but once payment is sent, the buyer is blocked, and the seller can no longer be contacted. Online Banking Fraud Perhaps, the biggest and scariest thing that could happen to anyone doing online transactions or payments is online banking fraud. The scheme involves tricking customers into giving their online credentials (usernames, passwords and PINs) and other sensitive or personal information, so scammers can gain access to the victim’s online banking account. It has a link that leads them to a make-believe banking site (called phishing sites) where they would be asked to “log-in” to their online banking account. During this time, you should always be on alert as even the most clever and paranoid user can still be fooled into unknowingly giving access to their online accounts--whether it be their bank, social media, or email account. Here are 3 fast rules from Metrobank to keep in mind every time you are in a situation that involves online financial transactions. Join Metrobank in the fight against fraud this holiday season. For suspected fraud, call the Metrobank Contact Center at (02) 88-700-700, 1-800-1888-5775, or email us at [email protected] using “Report on Possible Fraud” as subject. Read more in our articles including "Holiday Scams to Watch Out and How to Avoid Them" and "OPPO Reno15 Series 5G: Delivering the Complete Mobile Creator Experience".