Home News Netizen urges others to check their bank accounts after incurring unknown micro-transactions

Netizen urges others to check their bank accounts after incurring unknown micro-transactions

The subsequent pictures were of conversations he had with several contacts who revealed that they had lost money similarly too.

- Advertisement -

Singapore — After realising that microtransactions were being deducted from his bank account that he was unaware of, a member of the public took to Facebook and implored others to be vigilant and check their bank accounts regularly.

He posted about his experience in a Facebook group named “Complaint Singapore“.

In his caption, he first urged others to check their bank details and explained that microtransactions can happen to people without them or their banks knowing. As the status of the transactions changes from ‘pending’ to ‘transferred’ in a period of time, the netizen says that it is important to check on one’s account quickly.

Photo: Facebook Screengrab

- Advertisement 1-

The netizen added that just in the span of a few minutes, he lost a lot of money. He also remarks that he found such an occurrence to be more common than he thought, and questions the strength of the bank’s security systems.

At the end of his post, he establishes that he did not carry out the transactions and that he did not get tricked into it either.

He also provided a screenshot of the microtransactions, saying that he got hacked and that the hacker had spent all his money.

Photo: Facebook Screengrab

The subsequent pictures were of conversations he had with several contacts who revealed that they had lost money similarly too.

Photo: Facebook Screengrab

- Advertisement 2-

Photo: Facebook Screengrab

Photo: Facebook Screengrab

Photo: Facebook Screengrab

One netizen provided several reasons why the microtransactions occurred.

Photo: Facebook Screengrab

- Advertisement 3-

A few netizens commented on the importance of One-time passwords (OTP) and 2FA (two-factor authentication) since OTPs could warn people of transactions that were about to be carried out. One netizen, in particular, urged others not to save their credit card information on websites since some websites do not require an OTP.

Photo: Facebook Screengrab

Yet another stated that she felt insecure even with OTPs or 2FA and made it a point to check her bank account now and then to minimise losses.  

Photo: Facebook Screengrab

You Zi Xuan is an intern at The Independent SG. /TISG

 Follow us on Social Media

Send in your scoops to news@theindependent.sg 

- Advertisement -

Read More

Stories you might’ve missed, Jan 21

Tan Chuan-Jin posts Rules For Conduct after telling PSP NCMP Leong Mun Wai to sit down in Parliament on Jan 11 Photo: FB screengrab/ tanchuanjin, parliamentofsingapore Singapore — A week after telling Progress Singapore Party (PSP)’s NCMP Leong Mun Wai in Parliament...

Kid tumbles to the ground when car driver dropping off Anderson Primary School student moves too soon

Singapore — An Anderson Primary School student was caught on camera tumbling out of the car he was exiting after the driver accelerated too...

‘LGBTQ+ people deserve love from our families, just like everyone else’ — Pink Dot SG on pulled Samsung ad

Singapore — One of the country’s most vocal LGBTQ+ advocacy groups, Pink Dot SG, has spoken out on the recent pulling of a Samsung...

‘I’m feeling much better now.’ Hayley Woo says after ‘underestimating’ Moderna booster side effects

Singapore — After a rough ride following a Moderna Covid-19 booster jab, actress Hayley Woo says she’s doing better and thanks the people who...

Gymnasty: Woman uses TikTok to accuse man of ogling her in gym, another gym user corrects her

Singapore –  A woman working out in a gym spotted a man looking in her direction and jumped to the conclusion that he was...

Stories you might’ve missed, Jan 21

Tan Chuan-Jin posts Rules For Conduct after telling PSP NCMP Leong Mun Wai to sit down in Parliament on...

Kid tumbles to the ground when car driver dropping off Anderson Primary School student moves too soon

Singapore — An Anderson Primary School student was caught on camera tumbling out of the car he was exiting...

‘LGBTQ+ people deserve love from our families, just like everyone else’ — Pink Dot SG on pulled Samsung ad

Singapore — One of the country’s most vocal LGBTQ+ advocacy groups, Pink Dot SG, has spoken out on the...

‘I’m feeling much better now.’ Hayley Woo says after ‘underestimating’ Moderna booster side effects

Singapore — After a rough ride following a Moderna Covid-19 booster jab, actress Hayley Woo says she’s doing better...
Follow us on Social Media

Send in your scoops to news@theindependent.sg