🔍 Learn how to spot purchase scams

Stay informed and find out how to protect yourself from purchase scams [wirex logo] Please only look for updates on our official channels: Reddit: WirexAppOfficial [( X: @wirexapp [( Discord: WirexApp Official [( Facebook: Wirex [( Instagram: @wirexapp [( When you receive any message, always verify that it's not a scam. Official Wirex verification messages will only come from the @wirexapp.com domain or @mail.wirexapp.com. 🔍 Learn how to spot purchase scams At Wirex, your safety and security are our top priorities. It's important to us that we provide you with the knowledge to detect and protect you from falling victim to various scams. In this email, we'll be focusing on purchase scams and how to protect yourself from the growing threat. Now you might be thinking, what exactly is a purchase scam? Purchase scams involve fraudsters selling non-existent products at irresistible discounts, luring unsuspecting buyers into making payments for goods that will never materialise. The ultimate goal is to trick individuals into surrendering their money, personal, or financial details in exchange for what appears to be a "good deal." That's why we've put together a guide on how to detect purchase scams and protect yourself from falling victim to them. What are some of the red flags to look for? 🚫 Prices are surprisingly low: If a deal seems too good to be true, it probably is. Scammers often use enticingly low prices to attract victims. 🚫 Spelling errors in ads or URLs: Legitimate businesses pay attention to details. Spotting spelling errors in advertisements or URLs can be a telltale sign of a scam. 🚫 Limited information on new websites: Be cautious when dealing with new websites that lack comprehensive information. Genuine businesses provide clear details about their products and services. 🚫 Urgency and pressure tactics: Scam websites often pressure users to act quickly by creating a sense of urgency, such as claiming that a limited number of items are available or stating that a high number of people are viewing the same item. 🚫 Shopping on social media: Exercise caution when making purchases directly through social media platforms, as scammers exploit these channels to deceive unsuspecting consumers.   Tips to protect yourself ✔️ Trust your instincts: If a deal seems too good to be true, it's safer to avoid it. ✔️ Avoid unverified users on social media: Refrain from trusting unverified users with little or no personal profile information on social media platforms. ✔️ Be sceptical of unknown attachments or links: Scammers often use phishing techniques through email or messages. Avoid clicking on unknown attachments or links.   Think you've been scammed? If you realise you've fallen victim to a purchase scam and haven't received the goods, take immediate action. Contact your bank or credit card company: Reach out to the financial institution that issued your credit or debit card. Inform them of the fraudulent charge and request a reversal of the transaction to recover your money. Want to delve deeper into more tips and tricks on spotting, avoiding, and protecting yourself from falling victim to purchase scams? Head to the blog to find out more. [Read more]( [Explore Wirex](   [facebook]( [twitter]( [comunity]( [medium]( [medium]( © 2015–2024 wirexapp.com, All Rights Reserved. Availability of the Wirex services and Wirex entity you receive services from depends on your location. Your location and Wirex entity providing services may affect your rights and protections; therefore, please read the terms and conditions that apply to you carefully. If you have questions regarding the Wirex entity you receive services from, please reach out to us via the in-app chat in the Wirex app. Wirex Limited whose registered office is 9th Floor 107 Cheapside, London, United Kingdom, EC2V 6DN is authorised by the Financial Conduct Authority (FRN: 902025) under the Electronic Money Regulations 2017 for issuing electronic money and providing payment services. UAB Wirex whose registered office is Perkūnkiemio g. 13 – 91, Vilnius, Lithuania provides fiat currency services through its partners with regulatory approvals. However, no deposit insurance or protection schemes apply to services provided by UAB Wirex. Wirex Pte Ltd (CRN 201731976E) whose registered office is 36 Robinson Road, #02-106, Singapore 068877 is subject to the Payments Services Act 2019 and is currently operating under an exemption while its application is being reviewed by the Monetary Authority of Singapore. Wirex Digital Services S.r.l., whose registered office is in via Larga 15, Milan, Italy, registered as a Virtual Asset Service Provider (VASP) at the no. PSV108, of the register kept by the OAM (Organismo Agenti e Mediatori) provides crypto asset services. Wirex USA Inc. (CRN 6805163), whose registered office is 8 The Green, Ste A, Dover, Delaware, 19901, provides services through its partners with regulatory approvals. Wirex’s cryptoasset services are not regulated by FCA, Bank of Lithuania or Dutch National Bank. Due to the potential volatility of the cryptoasset markets, the value of your assets may fall significantly and lead to a total loss, and you should invest at your own risk. Tax may be payable on profits. You may be unable to access Financial Ombudsman Scheme or other regulated complaint procedures for your complaints arising from Wirex’s cryptoasset services. 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