Delivery scams up by 780%, here's how to stay protected

GCash

Posted at Jan 04 2023 01:10 PM | Updated as of Jan 04 2023 04:17 PM

A new e-wallet app service aims to protect your online purchases as bogus delivery scams are becoming prevalent. Photo source: Pexels [LINK OUT 'Pexels': https://www.pexels.com/photo/woman-in-blue-denim-jeans-holding-silver-iphone-6-5076514/
A new e-wallet app service aims to protect your online purchases as bogus delivery scams are becoming prevalent. Photo source: Pexels

While the holidays are filled with carols, gift-buying, and visits to loved ones, getting the right protection is key for a hassle-free shopping spree. As more Filipinos turn to the convenience of online shopping, everyone needs to be wary of the different types of scams.

In a study conducted by TransUnion on global trends in digital fraud, shipping fraud was identified as one of the most significant threats, growing by 780.5% between 2020 and 2021. 

Scammers may commit shipping fraud by using a fake website or a fake item on a legitimate retailer's website to pose as trusted online sellers. While many online merchants are trustworthy, scammers take advantage of the internet's anonymity to defraud innocent customers.

Additionally, one of the most typical ways scammers gain trust is by taking control of the product pages and posting a large number of fake positive reviews and testimonials in an effort to make the products look real and of high quality. 
 
Because of this, e-wallet app GCash announced the Online Shopping Protect, wherein shoppers can now shop with peace of mind without having to double- or triple-check reviews that turn out to be unreliable. 
 
GCash said its new Online Shopping Protect is a convenient, complete, and affordable shopping partner this holiday season to help ensure the security of purchases. GCash, in collaboration with worldwide insurance firm Chubb, combats online fraud with Online Shopping Protect by incorporating protection coverage into online transactions done through e-commerce platforms such as Shopee, Zalora, and TikTok.

Protect your online purchases with GCash's Online Shopping Protect. Photo source: GCash
Protect your online purchases with GCash's Online Shopping Protect. Photo source: GCash

For P34 per month, you may have eligible purchases protected from shipping errors up to 60 days upon receipt of purchase. Items paid with GCash and covered by Online Shopping Protect are also protected from other online shopping mishaps if they end up being incomplete, wrong, defective, undelivered, fake, accidentally damaged, or stolen. 

With four steps, GCash's Online Shopping Protect delivers hassle-free online shopping throughout, even while purchasing protection insurance:
1. Select GCash as your payment method in the e-commerce platform.
2. Leave the Online Shopping Protect checkbox ticked when you get redirected to the GCash payment portal.
3. Provide consent to protect your purchases by tapping the "Yes, Protect My Shopping" button.
4. Complete your transaction.

Filipinos spend thousands on holiday gifts, goodies, and travel, especially after years of being in isolation, making it a big target for scammers. Shoppers may be prepared and protected against online scams and shop with confidence when they pay via GCash with Online Shopping Protect.
 
While Online Shopping Protect covers most of your purchases, this excludes the following: items below P250; electronic items and equipment over P10,000; jewelry, precious metals/gemstones, and watches over P5,000; counterfeit or fake goods; concert tickets; monthly-paid subscriptions; perishable goods or products that deteriorate over time due to environments such as perfume, food, cosmetics, pharmaceutical products, and chemicals; animals, livestock, or living plants; cash, cheques, real estate, stocks, shares, bonds, currencies, or digital assets; vehicles and equipment and/or parts necessary for their operation; firearms, art, antiques, and collectible items; items confiscated or declared illegal by any government, customs, or public body.
 
Download the GCash App on the Apple App Store, Google Play Store, or Huawei App Gallery. Register and get verified today, and #AlwaysProtekTODO as you shop online by getting Online Shopping Protect now.

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