Don’t Fall Victim: 5 Tips to Avoid Tap-to-Pay Scams
- A recent report documents a 36% increase in tap-to-pay scams in South Africa.
- Fraudsters use sophisticated tools to intercept card information during tap-to-pay transactions.
- Yoco recommends monitoring transactions, enabling card security features, exercising caution in public spaces, and reporting suspected fraud immediately.
The rise in tap-to-pay scams in South Africa is alarming and highlights the escalating financial fraud and security issues. It is crucial for individuals and businesses to be aware of the risks associated with tap-to-pay technology and take necessary precautions to protect themselves from fraudulent activities.
