There's no fraud related to linking a bank card in WeChat. In some cases you need to go to the bank with your ID or passport to activate that service. If you are paranoid like me, use a bank card with $1 balance or an old bank card. Any account that links a bank card means it's traceable. So don't freak out when WeChat asks to link a bank card, this is their growth strategy and a way to ensure big groups don't have fake accounts. To put this into perspective, Paypal, the largest online payment service outside China has 173 million users by the end of 2015. As of March 2016, WeChat Payment has over 300 million users worldwide. WeChat supports payment and money transfer. I saw many expats freaking out when Wechat asks them to link a bank card when joining a WeChat group, here's the deal: In lighter versions you exchange photos with the fraudster who later ask for money in return for not making you a nude star. While searching for people around, you find a hot girl or a someone wants to learn your foreign language, they claim to be single, you go together for a date or you get caught in the bedroom by the police or husband (The Fraudster friend) and ask you for money. The fraudster will register a Wechat account with a name similar to one public account, something like "Social Welfare Query", then start sending you updates regarding social Welfare, one day they ask you to make an urgent payment otherwise your social welfare will be degraded or expired.got it? The fraudster will claim to be an employer or hitching a ride or a date, they will take you to a certain place then do: Robbery, rape, or let you pay the date excessive bill. Your mobile no, Wechat account and other personal info can be used in other frauds mentioned here.
#Wechat payment for youtube skin#
The Fraudster will use this as a protective skin to collect the maximum number of info, the online shop will suddenly disappear. For sending a like your mobile number and other details will be required through a sign-up form. Some commercial online shops will ask you to give them a 'Like'.
#Wechat payment for youtube code#
Some Wechat shops (Wechat accounts selling goods online) might send you a QR code to pay for a product, when scanning the QR code it will download a Trojan file (Virus) into your mobile that will steal your Wechat account name and password and send it to a third party who will control your account later. The fraudster will claim to be a seller of certain goods from overseas at a discount price or special offer, afterward, goods got caught by the customs and you need to pay the custom duty, otherwise both of you are in trouble, after you pay. After a while they will claim a cash problem, surgery, cancer and ask for money. Someone will suddenly add you from nowhere they normally look elegant, rich and classy have a decent conversation for days or weeks. The fraudster through knowing Wechat information of your contacts, used another Wechat account to match your friend's account and photos, then contact you later ask to ask for money. Your friend will contact you one day saying this is his/her new Wechat account, their Wechat photo and albums will look relevant too. The fraudster will use your Wechat account, link the account with his/her mobile number and email, then contact friends and family members asking for money pretending they are you. Now the BIG QUESTION, How does fraud happen in WeChat?
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