How to boost your purchasing power online

False Promotions, False Discount Coupons, False Advertisements, Phishing Attempts, and Subscription Scams In the context of price hikes, online scammers are doubling their ingenuity to deceive consumers who crave deals. Here’s how to avoid these pitfalls.

According to INSEE, consumer prices in April 2022 rose 4.8% in one year. And this is just the beginning! Deeply affected by this sudden and astounding return to inflation and their declining purchasing power, consumers are rushing to the web in hopes of finding the miracle deal or app that will allow them to make significant savings. But if solutions exist, internet users, sometimes gullible, are also prime targets for cyber crooks.

To boost their online purchasing power (even at least), consumers often use cashback services like iGrailAnd the OctopusAnd the eBuyClub where booty paxThis affiliate marketing method consists of taking advantage of discounts (in the form of a deferred refund) when you shop at one of these sites’ partner merchants. Effective but limited.

Another option for daily purchases is to download distributor apps (eg Carrefour, Auchan or Intermarché) according to the designated term “to the bowl” this to say saveAnd the to improvea few euros over the course of his purchases, or dedicated apps like ShopmiumAnd the Coupon network where quota Which offers temporary discounts on dozens of consumer products.

The brands also periodically offer to print discount coupons (in limited numbers) from their websites for use while checking out some of their references.

fake coupons online

The problem is, this search for coupons or discount coupons can sometimes turn into a nightmare, it fake coupon trick, which is a very common practice of online predators on social networks. The Promise? A miracle discount voucher, for small wallets, offering to save several tens of euros by shopping at Auchan, Lidl, Carrefour or Leclerc.

We speculated that the reality is much bleaker here because in reality scammers are only recovering personal data (even banking details) of fraudulent victims by one-click redirecting them to the wrong real websites, exact copies of distribution networks who usurp their identity.

The promise was so good

In the Internet economy as elsewhere, when the promise is so good, it is time to shine a light on “Warnings” Do some basic checks. If you encounter, say, a low price, or a promotion that contains something that makes you drool…beware!

Whether you’re buying your next washing machine or renting the villa of your dreams for your next vacation, advice, “Check for yourself on other sites what price is charged for the same product, or for a similar service, or ask a relative to check the promotion in question by doing a direct search from another computer. And of course, never pay by bank transfer, which It excludes any possibility of repayment from your bank.”explains Laurent Amar, co-founder of France Verif, a startup that has developed a solution to detect fraudulent websites, available in the form ofExtension for installation on Internet browsers Google Chrome or Firefox.

Purchasing power scams

According to a study conducted in France between May 2021 and May 2022 among 300,000 online consumers, purchasing power frauds increased by 251% over the course of one year. Financial investments are another important playground for cyber scammers. So it is with this new bank (Name that says it all and its opposite but doesn’t actually have any legal basis) which promised a 3.5% bonus savings account.

Thus, the question to ask before investing all one’s savings is the following: Why would a (financial) actor who came out of nowhere and who often has a relatively poor reputation, be able to offer returns on refrain from betting in more traditional institutions? In financial matters, any online bank (new bank or not) that offers either checking accounts (Current Accounts) or savings accounts should be advertised toACPR (The Prudential Supervisory and Decision Authority) and its approval must appear on its website.

It should be noted that this organization, in cooperation with the Bank of France and the Foundation for Financiers (AMF), publishes a very extensive, but unfortunately not exhaustive by nature, blacklist of various fraudulent services and service providers trying to abuse the trust of Internet users.

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