Financial Safety 
D igital payments are fast, but not always safe. Cyber scams are rising, and hackers are getting smarter. So it is best to keep your personal touch aside for a few key transactions.
Here are five important transactions you should avoid doing online:
- Large Real Estate Deals: Buying property? Meet in person. Fake listings and phishing scams are common. Never transfer money without verifying documents, ownership, and the actual property.
- Big-Ticket Car Purchases: Never pay for a car before seeing it. Scammers create fake ads and disappear after getting paid. Inspect, test-drive, then pay up.
- High-Value Jewellery or Art: Luxury items are a hacker’s dream. Counterfeit goods and payment frauds are rampant. Buy from trusted sellers, not random online listings or fancy instagram pages. Read customer reviews to verify authenticity.
- Legal Settlements & Wills: Sensitive documents need human oversight. Cybercriminals use keyloggers and phishing to steal financial details. Always verify transactions directly before committing to them.
- Cash Loans to Strangers: Online loan requests scream scam. Scammers use fake identities to fraud people. Only lend to trusted contacts, and do it face-to-face.
Stay Safe from Digital Payment Fraud
- Use strong passwords and change them often.
- Avoid public Wi-Fi for transactions—it’s a hacker’s paradise.
- Never share OTPs, PINs, or banking details.
- Verify apps before installing—scam apps look real but steal your data.
- Use only official banking websites (look for HTTPS).
One wrong click can drain your bank account, so think before you do!
Related Articles
