This is how you strengthen your purchasing power on the Internet

Fake promotions, fake discount coupons, fake advertising, phishing attempts, subscription scams, in the context of rising prices, cyber crooks are redoubling their ingenuity to fool consumers looking for bargains. Here’s how to avoid these pitfalls.

According to INSEE, consumer prices increased by 4.8% over a year in April 2022. And that is just the beginning! Badly affected by this sudden and spectacular return of inflation and the drop in their spending power, consumers are rushing to the internet hoping to find THE bargain or the miracle application that will allow them to make substantial savings. . But if there are solutions, internet users who are sometimes gullible are also prime targets for cyber crooks.

In order to increase their online purchasing power (even minimally), consumers often use cashback services such as iGrail, octopus, eBuyClub Where Swag Bucks, this marketing technique based on affiliation consists in benefiting from discounts (in the form of a deferred refund) when shopping at one of the partner retailers of these sites. Effective but limited.

Another option is to download either distributor applications (such as Carrefour, Auchan or Intermarché) for daily purchases depending on the term “stew” That means save up, to optimizea few euros in the course of his purchases or dedicated applications such as shopmium, coupon network Where rate offering temporary discounts on dozens of consumer goods.

Brands also regularly offer to print discount coupons (in limited numbers) from their websites to use during the checkout process for some of their references.

Fake online coupons

Problem, that hunt for coupons or discount coupons can turn into a nightmare sometimes, right? Fake coupon scam, a very popular practice for cyber crooks on social networks. The promise? A discount voucher with a wonderful amount for small wallets that will save you tens of euros when shopping at Auchan, Lidl, Carrefour or Leclerc.

The reality, we will have guessed, is much darker here, as it is actually up to the crooks to fraudulently recover victims’ personal information (even banking information) by transferring them to real, fake websites, exact copies, with one click , diverted from those of the distribution networks whose identities they usurp.

The promise was too good

In the online economy as elsewhere, when the promise is too good, it’s time to see the light of day “Warnings” and run some basic checks. For example, if you come across a bargain price or a promotion that makes you salivate… Beware!

Whether buying your next washing machine or renting a dream villa for your next vacation, advice, “Check the price charged for the same product or similar service yourself on other websites, or ask a relative to check the relevant promotion by doing a direct search from another computer. And of course, never pay by bank transfer, which eliminates any possibility of a refund from your bank.”explains Laurent Amar, co-founder of France Verif, a start-up company that has developed a fraudulent website detection solution, available in the form ofan extension to be installed in internet browsers Google Chrome or Firefox.

purchasing power fraud

According to a study conducted in France between May 2021 and May 2022 among 300,000 online consumers, fraud related to purchasing power increased by 251% in one year. Another important playground for cyber crooks is financial investments. That’s how it is here Neo Bank (a name that says it all and its opposite, but actually has no legal basis), which promised a savings account with 3.5% interest.

So the question to ask yourself before investing all your savings is: why should a (financial) player that came out of nowhere and whose notoriety is mostly relative, be able to offer returns that you’re more likely to count on? traditional betting waived institutions? In financial matters, any online bank (neo-bank or not) that offers either checking (current) or savings accounts must be declaredACPR (Prudential Supervisory and Resolution Authority) and must display its consent on its website.

It should be noted that this organization, in collaboration with the Banque de France and the Autorité des Marchés Financiers (AMF), publishes a very extensive but unfortunately not inherently exhaustive blacklist of the various fraudulent services and service providers who seek to trust of Internet users to abuse.

Leave a Comment