I was browsing Reddit and found this scam being done in Canada.
Is this possible in Australia Looks like a high IQ scam.
Gift Card Scam Using Barcode Swap
life is suffering on 08/12/2022 - 13:30
Last edited 08/12/2022 - 16:38 by 1 other user
Last edited 08/12/2022 - 16:38 by 1 other user
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Wow need to more careful now. I wonder if that barcode machine is on sale /s
I also should mention another gift card “scam” (for a lack of a better term).
Apple gift cards and the old Coles Gift Mastercards suffer(ed) from a problem where someone would tamper with the gift card packaging to remove the card inside the packaging, put in a used card inside the packaging, then seal it back up and put it back onto the gift card shelf. The problem is that the activation barcode is on the packaging, not the gift card itself…
Low IQ then ?
The rule of thumb with gift cards is they're less reliable than cash and only use them straight away. Way too many problems with them to be worth it otherwise.
You'd think it'd be too high risk with cards usually being kept near the checkout (having to steal the blanks, tamper with them and return them), but since the cops and businesses don't really care about this kind of fraud it seems pretty easy to get away with.
I used gift cards while gifting someone , which I'm not sure when they use. Tough
There's a reasonable chance they never use it. Which is how gift cards make money. Don't really understand why you would swap cash for something more restricted and harder to spend, more susceptible to fraud, valueless if the company packs up (aka deliveroo).
Yeah cash is king. It's weird giving money lol but it does make sense
Don't really understand why you would swap cash for something more restricted
Because you can get cashback? SB had 8% back on JB the other month
Absolutely possible in Australia. Actually, something similar happened with Perfect EFTPOS gift cards last year, although I will admit it was more crude than what was mentioned in the Reddit video.