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QR Code Scam Tricks Users into Sending Money

admin 2 months ago folder Investment folder Phishing diversity_2 Social Media

A new type of digital payment fraud involves scammers sending QR codes to unsuspecting users under false pretenses. Victims are told that scanning the code will help them receive money, but instead, it authorizes a payment from their account.

In a reported incident, a seller trying to receive payment for a product was sent a QR code by the buyer. Upon scanning it, money was deducted instead of credited. The scam exploits a lack of awareness about how QR-based payments work.

Authorities stress that QR codes should only be scanned to make payments, not to receive money. Users should double-check transaction details before confirming any payment.

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