Banking Ombud Reana Steyn expects a record number of fraudulent transactions this coming Black Friday.
Last year over the Black Friday period, credit card fraud complaints surged by 238%.
…everyone, including the fraudsters, are looking for the deal of a lifetime during the Black Friday bonanza…— Reana Steyn, Banking Ombud
There’s more fraud happening [around Black Friday]. People are less vigilant… Fraudsters are also standing there in the queue next to you…— Reana Steyn, Banking Ombud
The bank will not ask you for a “One Time PIN” or your PIN! Do not fall for that!— Reana Steyn, Banking Ombud
If you feel there was reckless lending; you can complain [to the banking Ombud] … If you took out credit that you cannot afford…— Reana Steyn, Banking Ombud
Listen to the interview in the audio below.
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