Filipinos love to shop online - a recent report by data and analytics firm GlobalData showed that nearly 90% of Filipino consumers have shopped online in the last six months. The e-commerce market is expected to grow by 22.9% and reach a value of PHP615.7 billion within the year. Along with the widespread adoption and convenience online shopping offers comes the risk of frauds from fake products to sellers who send defective products or send no product at all. 61% of Filipinos reported being targeted and/or victims of fraud in the past three months, according to a Q4 2022 Consumer Pulse Study by consumer credit reporting agency, TransUnion. This is a significant increase from the 55% reported in Q3 of the same year. While phishing remained the most commonly reported fraud scheme (51%), third-party seller scams on legitimate e-commerce sites came in third (33%), indicating a concerning trend that puts Filipino online shoppers at risk.
So before you whip out your smartphone and click buy on that item you’re itching to get your hands on, here are a few tips you can do to protect your “budol” finds and your hard-earned money from online shopping frauds:
Buy from official stores or legitimate sellers
Denne historien er fra June 2023-utgaven av Gadgets Philippines.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra June 2023-utgaven av Gadgets Philippines.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
HUAWEI MATEBOOK X PRO
EQUIPPED WITH the high-performing Intel Core Ultra 9 processor, the HUAWEI MateBook X Pro stands out when it comes to offering unparalleled processing power for demanding applications and multitasking.
MONTBLANC MTB 03
THE LATEST EDITION of the Montblanc MTB 03 In-Ear Headphones delves into the Montblanc archives to introduce a deep British green color reminiscent of an early Meisterstück writing instrument - a fitting way to mark a century of the writing icon's legacy.
EPSON SURECOLOR SC-P5330
THE EPSON SureColor SC-P5330 Photo Graphic Inkjet Printer is built for vibrant photographic reproduction across various media, including artist canvas and premium photo papers.
YOUR GUIDE TO FINANCIAL WELLNESS
Getting in shape physically and financially isn't just about making resolutions-it's about building habits that empower you daily.
2024 ISUZU D-MAX
HOW THE PICKUP CHANGED WITH THE FILIPINO PEOPLE
TOWARDS A CONNECTED FUTURE
HYUNDAI’S EVOLUTION ON THE COUNTRY’S ROADS
Honda CR-V RS e:HEV VARIANT
DRIVE INTO THE FUTURE
SAMSUNG NEO QLED TV (QN87D)
The Samsung Neo QLED TV (QN87D) is a premium television that offers stunning picture quality, immersive sound, and a sleek design.
JBL PARTYBOX
REDEFINE ENTERTAINMENT with the new JBL PartyBox Stage 320 and JBL PartyBox Club 120.
CANON EOS R1
CANON UNVEILS THE EOS R1, a groundbreaking full-frame mirrorless camera designed to redefine speed and image quality in the digital age.