In today’s world there is hardly anyone who follows the traditional way of buying the things they are looking for and the same goes for selling them. Platforms like OLX,Quikr and Ebay made these things so user friendly that even children can do the whole process with ease. The main reason people prefer this method over traditional one is because it saves us a lot of time and it is very easy to use.
The new generation of scamsters
Once in our life we all have been approached by a scamster , whether it was a banking fraud, credit card frauds or lottery fraud and many more. As people are getting more educated ,they are falling less and less for these traps and in the generation of money transfer apps like google pay, phone pay , Bhim etc there is no need for internet banking anymore. The new generation of scamsters are having trouble in looting the people but they found an effective way.
New way to loot.
As soon as a person signs up in a classified website like OLX he/she gives his/her contact details for signing up. As he puts up a product for selling ,the scamster gives him a call and offers to buy it. The scamster pretends to like this product and offers to pay advance for booking it . He shares a QR code and as soon as the seller scans it from a money transferring app( Google pay, phone pay etc) ,his/her whole bank account gets robbed.