The Dangers of Bizum and Tips to Avoid Scams

Bizum: A Popular Tool With Risks

Bizum has become a widely used tool in Spain to make payments quickly and easily. However, like any technology, it is not without risks. The app is a convenient option for splitting expenses, paying friends or shopping in stores, but its popularity has also attracted the attention of scammers.

The Main Dangers of Bizum

It is crucial to know the dangers associated with regular use of Bizum. Phishing is a threat in which fraudsters attempt to obtain personal and financial information from victims. Identity theft is another risk, as criminals can access your Bizum account and make fraudulent transactions. Online shopping scams are also common when using Bizum, with scammers posing as legitimate sellers and disappearing after receiving payments.

Tips to Avoid Scams in Bizum

To avoid scams, it is recommended to verify the recipient’s identity before sending money through Bizum. When shopping online, it’s important to research the seller and read reviews from other buyers. Personal or financial information should never be shared through text messages, emails or phone calls. It is crucial to use strong and unique passwords for your Bizum account and enable two-step verification. You should also ensure that your mobile device is protected with a passcode or fingerprint, and keep your operating system and applications up to date to protect against security vulnerabilities.

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