Ghost-tapping scam targets tap-to-pay users

credit card tap photo 1

Key Takeaways:

  • 1. Scammers are using a new tactic called ghost tapping to steal money from tap-to-pay credit cards and mobile wallets.
  • 2. Ghost tapping exploits wireless technology to withdraw money without the victim’s awareness, often through small, unnoticed transactions.
  • 3. Ways to protect yourself include using RFID-blocking technology, verifying transactions before tapping, setting up instant alerts, being cautious in crowded areas, and monitoring accounts regularly.

The Better Business Bureau warns of a rising scam called ghost tapping, where scammers exploit tap-to-pay systems to steal money through unnoticed transactions. By mimicking legitimate tap-to-pay devices, scammers can deceive victims into unauthorized payments. To protect against such scams, individuals are advised to use RFID-blocking tools, verify transactions before tapping, set up instant alerts, avoid crowded areas for payments, monitor accounts regularly, and keep payment apps and devices updated. Quick action and vigilance are crucial in preventing financial losses from these fraudulent activities.

Insight: As technology advances, new payment methods bring about new risks like ghost tapping, emphasizing the importance of staying informed and taking proactive steps to safeguard personal finances.

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