The National Retail Federation (NRF) estimates that eGift cards will be the most popular gift this holiday season, with nearly one-third of consumers planning to purchase them. While this is good news for retailers, it also creates an opportunity for fraudsters.
Here are a few tips to help you avoid becoming a victim of fraud:
- Use a reputable retailer. If you’re buying and sending an eGift card to someone via a website, make sure it comes from a recognized retailer. Avoid using smaller, less well known websites especially those that may look like they were written by non-native English speakers.
- Beware of pop-up ads offering free eGift cards. These are often scams, designed to steal your personal information.
- Check the security features of the website. Before you enter your credit card information, make sure the website has a padlock icon in the address bar and that the web address starts with “https.” This indicates that the site is encrypted and that your information is safe.
- Keep your credit card information confidential. Don’t share your credit card number or expiration date with anyone, even if they claim to be from the retailer.
- Don’t use a public computer to buy eGift cards. Public computers may have keyloggers installed which could capture your credit card information.
- Keep a record of the eGift card number and the retailer’s contact information. If you lose your eGift card or the recipient doesn’t receive it, you may need to contact the retailer to get a replacement.
By following these tips, you can help protect yourself from eGift card fraud while enjoying the convenience of eGift cards this holiday season.
