Ghost tapping is a scam where fraudsters “tap” or attempt to complete a contactless transaction using a stolen, cloned, or compromised cards. These transactions are often conducted through a mobile wallet, wearable devices, or using skimming technology. Fraudsters use a small portable card reader to steal payment information. They do this by bumping into their victim to get close enough to their wallet or purse.
Luckily, you can protect yourself by recognizing common red flags and utilizing some helpful tools.
Red Flags
- Unexpected bank alerts
- Suspicious charges after being in a crowded place
- Vendors requesting you to “just tap” without showing the transaction total
- Being rushed during the payment process
- Instances where tap to pay is the ONLY option
- No cash, chip insertion, or swiping.
Helpful Tools
- Require a PIN/Password or biometric data to obtain access to your device and consider anti-malware software
- Monitor your account for small or unrecognized charges
- Verify transaction details before tapping
- Set up security alerts for card activity
- Avoid tapping your card in crowded places
- Be cautious at gas stations and use the chip reader or pay inside rather than at the pump
- Require a PIN or Biometric scan to authorize payments
- Be cautious of scammers posing as vendors or charity workers to get you to tap to pay, especially in crowded events
- Report fraudulent activity to the Soarion Credit Union immediately
