Want to fight scams? We may have to ditch some practices that make transactions easy

Banks, e-commerce and social media platforms have to start accepting more responsibility, and consumers may have to put up with some inconvenience to keep online dealings secure.

The burden of checking whether a seller is authentic now lies mostly with the buyers. PHOTO: ST FILE

How many times have we heard the same story?

A victim sees a very tempting deal advertised on social media or e-commerce platforms. It could involve mooncakes, beer, wagyu beef or durians.

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