New ‘loyalty’ scam on the rise in South Africa – what to look out for

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New ‘loyalty’ scam on the rise in South Africa – what to look out for
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Discovery Bank has warned South Africans over a new scam targeting cellphone network loyalty programmes.

Discovery Bank has urged caution over a new cellphone network loyalty programme scam that is on the rise in South Africa.

To redeem them, you must click on the link provided in the message. However, this link is designed to steal your personal information for financial gain, noted the bank. “Instead of redeeming rewards, you’ll unknowingly authorise fraudulent transactions,” said Discovery. Discovery added that if you received any OTP verification message, always read the message carefully to make sure it’s linked to actions you’ve initiated.

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BusinessTechSA /  🏆 24. in ZA

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