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HOW TO AVOID BEING EXPOSED TO FRAUDULENT MARKETPLACE

Online buying and selling have emerged as a vital component in human beings’ lives as well as their need for the industry has increased to a greater extent. Online stores allow people to have a stress-free shopping experience without the constant pressure of the salesman forcing his products onto them. The online marketplace provides a new and handy venue to exchange goods most simply so far.

Online marketplaces are prone to fraud from providers as well as customers, phishing mails are one of the ways customers are trapped and breached online, and consumer reviews about TeeSpring summarize that online customers are more concerned about the originality of the products sold online.

Statistics:

According to the statistics around the globe during recent times the growth of the e-commerce industry has increased by 16%, with billions of merchants selling online. Though online shopping significantly reduces the prices of transactions inclusive of making bills and managing personal information. E-trade organizations ought to pay for their websites, however, this is much less steeply priced than owning a physical store. One can protect themselves from online fraud such as phishing, credit card theft, and many other activities by simply following the steps stated:

1.      Always check who you are shopping from:

Before proceeding to buy something from a website, always double-check if the website is authentic or not. Some websites send phishing emails that seem suspicious but offer great discounts that tempt the internet user to fall into their trap, then they demand the user’s personal information and misuse that.

2.      Always check customer’s review:

When you discover a new shopping website, first head to the customer reviews and rating, which tells much about the credibility of online websites. Researchers stated that 31% more customers are likely to spend money on a website having excellent customer reviews.

3.      Use personal information carefully:

To keep your personal information and credit card credentials safe from being stolen online, make a strong connection between you and your internet websites, always review the pad-lock present near the URLs, which depicts whether the connection to the site is secure or not. Globally 28% of people report their debit card information being stolen every year.

4.      Use the company provided tracking number:

Upon the confirmation of the order, many authentic sites send package tracking numbers to their customers, through which they can observe the overall shipping process and the date by which the package will be delivered to doorsteps if this doesn’t happen on a website and they haven’t provided enough details regarding the order, that can be a major red flag.

Conclusion

There are several more approaches to shield yourself from online robbery, apart from that constantly check for suspicious emails, remain careful when dealing with websites demanding credit card credentials and other personal sorts of data, regularly request for bank statements after every successful transaction, and review the overall financial activities going on in it, being responsible online for your safety can help prevent lots of unwanted circumstances.