Wise Text Message Scam How the Wise Message Scam Works?

A text message claiming that 2,000 NZD was deducted from your bank account on a specific date has been sent to you. Since Q2 2022, a new scam has been featured in the United Kingdom. Phishing scams are something you might already be familiar with. Did you know there were smishing schemes? Do you want to find out the authenticity of these messages and other related facts?

You can then read the rest of this article to learn more about the Wise text Message Scam.

Wise SMS Text Scam:

Multiple sources revealed that Wise had circulated a message about deducting 2000 from user accounts since May 2022. Customers were informed that their accounts would be debited for 2,000 NSD from the 3rd (or 6th) May 2022.

The internet displayed a screenshot of the text message. It showed that the message was sent from +61 (448)342-733. The message included a link for wiseloginauthenticate.com and transferwiseauthenticatelogin.com, advising the users to click on the link to cancel the payment deduction.

How the Wise Message Scam Works?

This text message is fraudulent as Wise’s official website is wise.com. The wiseloginauthenticate.com and transferwiseauthenticatelogin.com are scam website that takes advantage of the wise brand. Many users don’t know much about internet doldrums, regardless of what the website name is.

These scammers attempt to exploit ignorant users by panicking and making them click on the link urgently. These links to scam websites are designed to steal personal and financial information. Clicking on these links allows the website to install ads, mini-apps and malware on the user’s device without authorisation.

Avoiding Wise Text Message Scam:

Wise has provided help on avoiding phishing scams on their website at https://wise.com/help/articles/2932695/watch-out-for-phishing. Wise advised customers not to click on links in emails and to verify if the URL of the website is similar to wise.com.

Wise warns customers that fraudulent websites could attempt to steal customer information such as card numbers, payment details and identity. It is best to ignore these messages.

If the customers find a message including a different website URL (or) in case the customers believe that the message might be a missing attempt, they can contact wise customer support at https://wise.com/login/?redirectUrl=/help/contact.

@transferwisevictims, however, is a Facebook group that contains wise customers who have experienced Wise text Message Scam or other frauds related to wise. The majority of complaints in this group indicated that the customer transferred money to their account but the beneficiary didn’t receive it.

Conclusion:

Wise.com allows you to send money abroad at lower rates. Wise.com has been around since March 1994. Formerly known as TransferWise, it is now Wise.com. Wise.com boasts an 86% trust rating. Scammers exploit Wise.com’s popularity by plotting and scamming, aiming ignorant users’ personal information and payment information.

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