Payment fraud is on the rise in Singapore, affecting both consumers and businesses. In this video, we delve into a recent global survey that highlights alarming statistics about payment fraud cases in Singapore, revealing that 49% of businesses and consumers have been affected. We explore different types of payment fraud such as phishing, refund fraud, card testing, and friendly fraud, and offer insights on how to protect yourself while shopping online. As mobile payments and social commerce continue to grow, staying informed on these trends is more critical than ever. Join us to learn about the essential security measures you should consider when shopping in the digital age.
Don’t miss out on this important information to safeguard your finances in 2025!
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