New scams use fraudulent Pix payment QR codes for consumer bills and boletos

Wednesday 12 January 2022 09:19 CET | News

Cybersecurity company Kaspersky has reported that fraudsters are taking advantage of the fact that companies encourage clients to pay invoices using the Pix QR Code in Brazil.
Kaspersky officials explain that fraudsters developed a scam falsifying payment QR codes, which get attached to fake invoices and bills sent via email to clients. These scams target consumers and some small and medium-sized companies.

Fraudsters know that using the QR code is tempting to consumers because they can often obtain a 5% discount on payments using it. According to Kaspersky, fraudsters tend to send fake phone or internet bills, and they are upgrading their techniques. They can intercept emails being sent to consumers, edit the information, and resend the bills containing a fake QR code that directs payments to the fraudster. One of the ways to avoid this scam is to verify the CNPJ (company identification number) of the account you are paying the bill to.

The other scam on the rise is disguised as a sales deal offered by online video streaming platforms. The offer usually contains a quarterly payment plan at a low price, and only provides a QR code as a form of payment. Avoiding fake payment QR codes is difficult because payment QR codes are legitimate and cannot be easily taken down like fake illegitimate websites. It is important for companies and consumers to learn how to identify the characteristics of a fake payment QR code. 

More: Link

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: online payments, cybersecurity, ecommerce, report, PIX
Categories: Fraud & Financial Crime
Companies: Kaspersky
Countries: Brazil
This article is part of category

Fraud & Financial Crime


Discover all the Company news on Kaspersky and other articles related to Kaspersky in The Paypers News, Reports, and insights on the payments and fintech industry:

Industry Events