The growth of online shopping in Nigeria became more apparent after people have tested different eCommerce site to ensure they are not scammed which is also mainly the reason online retailers also introduces payment on delivery (POD) to encourage people to buy online and pay only when they have received the item. Those who faces the menace of fraudulent transactions more are the eCommerce platform that allows other people to sell on their platform like OLX, Konga, Kaymu, , Efritin.com, Cheki and many others.

Scamming activities is quite rampant on some of these platforms because of the difficulty in validating the authenticity of the sellers. People randomly posts items on this platform to sell on once a transaction is generated there might be need of buyers and sellers to meet offline, this has actually given scammers the privilege to use the platform and arrangement to dupe potential buyers. One platform where this is more rampant is OLX

OLX is one of the easiest ways to sell and buy goods. Having a mobile app even makes using the platform more convenient. Convenient as it may be, there is need to ensure safety for the customers as they purchase goods and place ads.

Like any other business, issues of fraud arise on OLX and some other eCommerce platform so many times which is why buyers need to take caution to avoid being scammed. Here are some tips to help you know how to get the best experience form online and keep yourself safe at the same time.

how to avoid fraud online

These are 9 useful tips for both buyers and sellers to avoid fraudulent transaction:

1. Get a verifiable telephone number of the seller

2. Buy locally so you can inspect the item, meet the seller, and pay at the time of pick up or delivery. Also set up your meeting in a safe and secure environment. If need be, take a friend with you.

3. Use only those payment methods that you trust and are familiar with: The best way to transact is to exchange the item and payment at the same time. Don’t send money before you see the item and you are satisfied that it meets your requirements.

4. Do not share your financial information for example bank details, pin, e.t.c

5. As sellers it is preferable to take the full payment at the time of the delivery. Even when someone asks for a down payment for commitment, do not send accept.

6. Its advisable not to accept cheques. Cheques can be cancelled or bounce. Payments done through cash transaction are the best option followed by mobile money transactions. The cash payment should only be used if the payment is not much. Don’t carry too much money as you can be set up for a robbery.

7. Verify the buyer credentials if there is a request for a bulk order. Ask for a photocopy of the ID or other documents to confirm the buyer is who is receiving the goods.

8. Get a verifiable telephone number from the buyer.

9. Ensure that your product meets the features you list in your ad post to avoid misunderstandings with buyer.

Always assume every potential sellers and buyers are potential fraudsters until you see the item you want to buy, pay for it and take it to your destination.

Feel free to add your view

Jiji even have tips how not to be cheated and database of scammers --- > http://link.ac/4Zig7