Senior Citizens and Net Safety
It’s important to make sure that senior citizens avoid entering financial information on dangerous websites. While purchasing a product or service on a reputable site is safe, there are a number of less-than-reputable sites that may use an individual’s financial information in improper ways.
For example, many websites feature advertisements for miracle supplements, fraudulent services and other products that may not deliver on what the advertiser claims. In many cases, these websites charge a recurring fee for a product or service. While the initial fee may be very low, recurring fees for these products or services could be very high. In many cases, the actual cost of these products and services is hidden in a website’s Terms of Service (TOS).
Senior citizens should avoiding entering their personal bank account information and social security number on the Internet. While credit and debit cards have fraud protection, bank accounts don’t guard against ACH and wire fraud.
For more information on payment scams, contact Entrust of San Antonio, Texas.
