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Scams In Nigeria's E-commerce Space: Be Careful! - Business - Nairaland

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Scams In Nigeria's E-commerce Space: Be Careful! by carl90(m): 2:41pm On Jul 24, 2023
Nigeria's e-commerce market is growing rapidly, but with this growth has come an increase in scams.
Fraudsters are taking advantage of the anonymity of the internet to target unsuspecting consumers.

Here are some of the most common scams that are going on in Nigeria's e-commerce space:

*Phishing: This is a type of scam where fraudsters send emails or text messages that appear to be from legitimate businesses. The emails or text messages will often contain a link that, when clicked, will take the victim to a fake website that looks like the real website. Once the victim enters their personal information on the fake website, the fraudster can steal it.

*Overpayment scams: In this type of scam, the fraudster will offer to pay you more than the asking price for an item. They will then ask you to send the extra money back to them through a wire transfer or other untraceable method. Once you send the money, they will disappear.

*Fake product scams: In this type, the fraudster will sell you a product that is not what they claim it is. For example, they might sell you a counterfeit product or a product that is not as described.

*Chargeback scams: In this type of scam, the fraudster will purchase an item from you and then file a chargeback with their credit card company. The chargeback will claim that the item was never received or that it was not as described. This can leave you out of pocket for the cost of the item.

These are just a few of the many scams that are going on in Nigeria's e-commerce space. It is important to be aware of these scams so that you can protect yourself. Here are some tips to help you stay safe:

*Only shop from reputable websites. Do some research before you make a purchase to make sure that the website is legitimate.

*Be wary of deals that seem too good to be true. If a price seems too good to be true, it probably is.

*Never click on links in emails or text messages from people you don't know. These links could take you to a fake website.

*Only use secure payment methods. When you make a purchase, use a payment method that offers fraud protection, such as a credit card.

*Check your bank account balance and bank statements regularly. If you see any unauthorized charges, report them to your bank immediately.

By following these tips, you can help to protect yourself from scams in Nigeria's e-commerce space.

Here are some additional tips to help you stay safe:

*Use a strong password and change it regularly.

*Be careful about what information you share online.

*Keep your operating system and software up to date.

*Install a security software and keep it up to date.

*Be aware of the latest scams and how to avoid them.

By following these tips, you can help to protect yourself from online fraud.

Have you been a victim of fraud when shopping online?

Do share your experience

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